Transaction in Own Shares

Gamma Communications PLC

14 August 2026

 

14 August 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION                    

Gamma Communications plc

Transaction in Own Shares and Rule 2.9 Announcement

Gamma Communications plc ("Gamma" or the "Company") announces today that in accordance with the terms of its share buyback programme announced on 13 January 2026 (the "Buyback Programme"), it has purchased the following number of its ordinary shares of 0.25 pence each ("ordinary shares") through Investec Bank plc ("Investec").

Ordinary shares

Date of purchase:	13 August 2026
Number of ordinary shares purchased:	15,757
Lowest price per share (pence):	972.50
Highest price per share (pence):	982.50
Weighted average price per day (pence):	977.2322

 The Company intends to cancel the purchased ordinary shares.

Following settlement of the above purchases, Gamma has purchased a total of 3,034,139 ordinary shares since the commencement of the buyback programme and will have 90,730,212 ordinary shares in issue. There are 1,503,674 ordinary shares held in treasury. The total voting rights in the Company are therefore 89,226,538 and this can be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Rule 2.9

The Company announced on 7 April 2026 that it had entered into an offer period. The ordinary shares are relevant securities of Gamma for the purposes of Rule 8 of The City Code on Takeovers and Mergers (the "Code"). In accordance with Rule 2.9 of the Code, the Company confirms that it has 89,226,538 ordinary shares in issue (excluding treasury shares) as at the date and time of this announcement. The ordinary shares are voting shares (each such ordinary share carries one vote per ordinary share) and are admitted to trading on the main market of the London Stock Exchange under the International Securities Identification Number GB00BQS10J50 and the Company's LEI number is 213800LAQZXPRIZUEH50.

Aggregate information:

Venue	Volume-weighted average price (p)	Aggregated volume	Lowest price per share (p)	Highest price per share (p)
XLON	977.2322	15,757	972.50	982.50

Schedule of Purchases - Individual Transactions

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law, a full breakdown of the individual trades made by Investec on behalf of the Company as part of the Programme is found below.

Date and time of each trade	Number of shares purchased	Price (pence per share)	Trading Venue	Transaction Reference Number
13 August 2026 08:14:37	78	973.50	XLON	00413512685TRLO1
13 August 2026 08:14:37	78	972.50	XLON	00413512684TRLO1
13 August 2026 08:17:31	71	976.00	XLON	00413515758TRLO1
13 August 2026 08:17:31	7	976.00	XLON	00413515759TRLO1
13 August 2026 08:22:24	140	976.00	XLON	00413520575TRLO1
13 August 2026 08:25:13	41	976.00	XLON	00413523018TRLO1
13 August 2026 08:25:13	26	976.00	XLON	00413523019TRLO1
13 August 2026 08:36:25	48	976.50	XLON	00413532202TRLO1
13 August 2026 08:36:25	30	976.50	XLON	00413532203TRLO1
13 August 2026 08:36:25	78	974.00	XLON	00413532205TRLO1
13 August 2026 08:36:29	81	973.50	XLON	00413532268TRLO1
13 August 2026 08:36:29	70	974.50	XLON	00413532269TRLO1
13 August 2026 08:37:05	79	974.50	XLON	00413532697TRLO1
13 August 2026 08:37:05	79	973.50	XLON	00413532698TRLO1
13 August 2026 08:46:14	100	973.50	XLON	00413540337TRLO1
13 August 2026 08:46:15	79	972.50	XLON	00413540343TRLO1
13 August 2026 08:47:16	76	972.50	XLON	00413541299TRLO1
13 August 2026 08:49:46	79	975.00	XLON	00413543571TRLO1
13 August 2026 08:57:08	83	973.50	XLON	00413550702TRLO1
13 August 2026 08:59:56	83	973.00	XLON	00413552933TRLO1
13 August 2026 09:07:08	78	974.00	XLON	00413560235TRLO1
13 August 2026 09:12:47	80	974.50	XLON	00413564833TRLO1
13 August 2026 09:19:40	41	976.00	XLON	00413570402TRLO1
13 August 2026 09:19:40	180	976.00	XLON	00413570403TRLO1
13 August 2026 09:19:40	75	976.00	XLON	00413570404TRLO1
13 August 2026 09:22:58	155	976.50	XLON	00413572862TRLO1
13 August 2026 09:56:55	24	981.00	XLON	00413595102TRLO1
13 August 2026 09:56:55	81	981.00	XLON	00413595103TRLO1
13 August 2026 09:56:55	1	981.00	XLON	00413595104TRLO1
13 August 2026 09:56:59	155	980.00	XLON	00413595152TRLO1
13 August 2026 09:57:02	155	979.50	XLON	00413595182TRLO1
13 August 2026 09:57:02	151	979.50	XLON	00413595183TRLO1
13 August 2026 09:57:02	151	979.50	XLON	00413595184TRLO1
13 August 2026 09:57:02	152	979.50	XLON	00413595185TRLO1
13 August 2026 09:57:02	152	979.50	XLON	00413595186TRLO1
13 August 2026 09:57:02	76	979.50	XLON	00413595187TRLO1
13 August 2026 09:57:02	76	979.50	XLON	00413595188TRLO1
13 August 2026 10:07:32	7	978.50	XLON	00413602242TRLO1
13 August 2026 10:07:32	145	978.50	XLON	00413602243TRLO1
13 August 2026 10:58:29	159	980.00	XLON	00413640765TRLO1
13 August 2026 10:58:29	79	980.00	XLON	00413640766TRLO1
13 August 2026 11:27:34	239	980.50	XLON	00413642341TRLO1
13 August 2026 11:31:55	10	981.50	XLON	00413642431TRLO1
13 August 2026 11:31:55	88	981.50	XLON	00413642432TRLO1
13 August 2026 11:31:55	26	981.50	XLON	00413642433TRLO1
13 August 2026 11:31:55	188	981.50	XLON	00413642434TRLO1
13 August 2026 11:31:55	5	981.50	XLON	00413642435TRLO1
13 August 2026 11:31:55	86	981.50	XLON	00413642436TRLO1
13 August 2026 11:31:55	45	981.50	XLON	00413642437TRLO1
13 August 2026 11:31:55	19	981.50	XLON	00413642438TRLO1
13 August 2026 11:31:55	16	981.50	XLON	00413642439TRLO1
13 August 2026 11:31:56	315	980.50	XLON	00413642440TRLO1
13 August 2026 12:13:05	54	982.50	XLON	00413643603TRLO1
13 August 2026 12:13:06	386	981.50	XLON	00413643604TRLO1
13 August 2026 12:15:56	153	981.00	XLON	00413643683TRLO1
13 August 2026 12:16:04	152	980.50	XLON	00413643690TRLO1
13 August 2026 12:18:24	150	981.00	XLON	00413643734TRLO1
13 August 2026 12:26:48	157	980.00	XLON	00413643972TRLO1
13 August 2026 12:26:50	158	979.00	XLON	00413643973TRLO1
13 August 2026 12:26:51	153	979.00	XLON	00413643974TRLO1
13 August 2026 12:26:57	155	978.00	XLON	00413643975TRLO1
13 August 2026 12:47:31	82	979.50	XLON	00413644742TRLO1
13 August 2026 12:47:31	82	979.50	XLON	00413644743TRLO1
13 August 2026 12:47:45	78	979.00	XLON	00413644745TRLO1
13 August 2026 12:47:45	77	979.00	XLON	00413644746TRLO1
13 August 2026 12:47:45	464	979.00	XLON	00413644747TRLO1
13 August 2026 12:47:45	80	979.00	XLON	00413644748TRLO1
13 August 2026 12:48:08	80	978.00	XLON	00413644766TRLO1
13 August 2026 12:51:46	82	980.50	XLON	00413644814TRLO1
13 August 2026 12:54:50	83	979.50	XLON	00413644921TRLO1
13 August 2026 12:58:35	82	977.50	XLON	00413644973TRLO1
13 August 2026 13:00:16	82	976.50	XLON	00413644993TRLO1
13 August 2026 13:04:36	77	976.50	XLON	00413645090TRLO1
13 August 2026 13:09:08	76	979.00	XLON	00413645185TRLO1
13 August 2026 13:09:11	9	978.50	XLON	00413645188TRLO1
13 August 2026 13:09:11	72	978.50	XLON	00413645189TRLO1
13 August 2026 13:18:56	80	978.00	XLON	00413645345TRLO1
13 August 2026 13:20:33	79	977.00	XLON	00413645367TRLO1
13 August 2026 13:22:15	76	976.50	XLON	00413645406TRLO1
13 August 2026 13:32:32	79	977.00	XLON	00413645732TRLO1
13 August 2026 13:33:33	83	976.50	XLON	00413645757TRLO1
13 August 2026 13:50:00	156	976.50	XLON	00413646048TRLO1
13 August 2026 13:50:00	78	976.50	XLON	00413646049TRLO1
13 August 2026 13:50:00	78	976.50	XLON	00413646050TRLO1
13 August 2026 13:50:00	77	976.50	XLON	00413646051TRLO1
13 August 2026 13:50:00	78	976.50	XLON	00413646052TRLO1
13 August 2026 13:50:00	77	976.50	XLON	00413646053TRLO1
13 August 2026 13:50:15	320	976.50	XLON	00413646060TRLO1
13 August 2026 13:57:28	154	977.00	XLON	00413646193TRLO1
13 August 2026 13:59:07	79	977.50	XLON	00413646218TRLO1
13 August 2026 13:59:16	78	976.50	XLON	00413646220TRLO1
13 August 2026 14:01:03	80	977.00	XLON	00413646288TRLO1
13 August 2026 14:10:33	154	977.00	XLON	00413646570TRLO1
13 August 2026 14:16:06	78	977.00	XLON	00413646742TRLO1
13 August 2026 14:19:11	77	977.00	XLON	00413646851TRLO1
13 August 2026 14:23:29	81	976.00	XLON	00413646998TRLO1
13 August 2026 14:27:42	80	976.00	XLON	00413647119TRLO1
13 August 2026 14:34:40	80	976.00	XLON	00413647424TRLO1
13 August 2026 14:35:15	478	977.00	XLON	00413647470TRLO1
13 August 2026 14:35:15	239	976.50	XLON	00413647471TRLO1
13 August 2026 14:35:23	81	976.50	XLON	00413647486TRLO1
13 August 2026 14:40:16	159	976.00	XLON	00413647899TRLO1
13 August 2026 14:43:40	153	976.00	XLON	00413648006TRLO1
13 August 2026 14:48:08	314	976.00	XLON	00413648176TRLO1
13 August 2026 14:52:24	240	976.00	XLON	00413648329TRLO1
13 August 2026 14:53:44	82	976.50	XLON	00413648383TRLO1
13 August 2026 14:57:02	83	978.00	XLON	00413648530TRLO1
13 August 2026 14:57:02	82	978.00	XLON	00413648531TRLO1
13 August 2026 14:57:02	76	977.50	XLON	00413648532TRLO1
13 August 2026 15:00:55	81	977.00	XLON	00413648697TRLO1
13 August 2026 15:02:43	81	976.50	XLON	00413648763TRLO1
13 August 2026 15:03:29	80	975.50	XLON	00413648773TRLO1
13 August 2026 15:03:46	80	976.00	XLON	00413648786TRLO1
13 August 2026 15:07:36	83	978.00	XLON	00413649047TRLO1
13 August 2026 15:09:20	80	976.50	XLON	00413649113TRLO1
13 August 2026 15:14:20	76	976.50	XLON	00413649392TRLO1
13 August 2026 15:16:29	78	975.50	XLON	00413649510TRLO1
13 August 2026 15:16:29	77	975.50	XLON	00413649511TRLO1
13 August 2026 15:20:03	152	977.00	XLON	00413649643TRLO1
13 August 2026 15:20:59	152	976.50	XLON	00413649681TRLO1
13 August 2026 15:27:47	232	976.50	XLON	00413650028TRLO1
13 August 2026 15:27:47	77	976.50	XLON	00413650029TRLO1
13 August 2026 15:30:35	81	976.00	XLON	00413650173TRLO1
13 August 2026 15:30:35	82	976.00	XLON	00413650174TRLO1
13 August 2026 15:31:17	78	975.50	XLON	00413650206TRLO1
13 August 2026 15:38:07	1	975.50	XLON	00413650598TRLO1
13 August 2026 15:40:05	1	975.50	XLON	00413650715TRLO1
13 August 2026 15:44:05	2	975.50	XLON	00413650908TRLO1
13 August 2026 15:45:04	45	975.50	XLON	00413650939TRLO1
13 August 2026 15:45:04	45	975.50	XLON	00413650940TRLO1
13 August 2026 15:45:04	80	975.50	XLON	00413650941TRLO1
13 August 2026 15:45:04	45	975.50	XLON	00413650942TRLO1
13 August 2026 15:45:20	155	975.50	XLON	00413650962TRLO1
13 August 2026 15:45:20	153	975.50	XLON	00413650963TRLO1
13 August 2026 15:50:26	544	975.50	XLON	00413651286TRLO1
13 August 2026 15:50:32	66	975.00	XLON	00413651292TRLO1
13 August 2026 15:50:32	15	975.00	XLON	00413651293TRLO1
13 August 2026 15:53:41	78	974.50	XLON	00413651383TRLO1
13 August 2026 15:59:39	26	975.50	XLON	00413651612TRLO1
13 August 2026 15:59:39	87	975.50	XLON	00413651613TRLO1
13 August 2026 16:00:12	155	975.00	XLON	00413651664TRLO1
13 August 2026 16:06:08	78	974.50	XLON	00413652066TRLO1
13 August 2026 16:06:08	78	974.50	XLON	00413652067TRLO1
13 August 2026 16:06:08	78	974.50	XLON	00413652068TRLO1
13 August 2026 16:06:08	78	974.50	XLON	00413652069TRLO1
13 August 2026 16:06:08	77	974.50	XLON	00413652070TRLO1
13 August 2026 16:07:02	81	974.00	XLON	00413652143TRLO1
13 August 2026 16:09:35	78	973.50	XLON	00413652289TRLO1
13 August 2026 16:12:11	78	974.00	XLON	00413652481TRLO1
13 August 2026 16:13:27	27	974.00	XLON	00413652554TRLO1
13 August 2026 16:13:27	42	974.00	XLON	00413652555TRLO1
13 August 2026 16:13:27	9	974.00	XLON	00413652556TRLO1
13 August 2026 16:14:44	50	974.00	XLON	00413652613TRLO1
13 August 2026 16:14:44	28	974.00	XLON	00413652614TRLO1
13 August 2026 16:15:13	78	973.00	XLON	00413652656TRLO1

Enquiries:
Gamma Communications plc Martin Hellawell, Chair Andrew Belshaw, Chief Executive Officer Rachael Matzopoulos, Company Secretary	[phone]
Barclays Bank PLC, acting through its Investment Bank (Lead Financial Adviser) Alastair Blackman / Alex Evans / Callum West / Michael Hart	[phone]
Q Advisors (Joint Financial Adviser)  Michael Quinn / Kristian MacCarter	[phone]
Investec (Joint Financial Adviser and Joint Broker)  Patrick Robb / Virginia Bull	[phone]
Peel Hunt (Joint Financial Adviser and Joint Broker)  Neil Patel / Alice Lane / Benjamin Cryer	[phone]
Teneo (Financial PR Adviser)  James Macey White / Matt Low	[phone]

Disclaimer

Barclays Bank PLC, acting through its Investment Bank ("Barclays"), which is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority, is acting exclusively for Gamma and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Gamma for providing the protections afforded to clients of Barclays nor for providing advice in relation to any matter referred to in this announcement.

Investec Bank plc ("Investec"), which is authorised by the Prudential Regulation Authority (the "PRA") and regulated by the Financial Conduct Authority and PRA in the United Kingdom, is acting exclusively for Gamma and for no one else in connection with the matters set out in this announcement and will not be responsible to any person other than Gamma for providing the protections afforded to clients of Investec, nor for providing advice in relation to any matter referred to in this announcement. Neither Investec nor any of its subsidiaries, branches or affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Investec in connection with this announcement, any statement contained herein or otherwise.

Peel Hunt LLP is authorised and regulated in the United Kingdom by the Financial Conduct Authority and is acting exclusively for Gamma and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than Gamma for providing the protections afforded to clients of Peel Hunt LLP nor for providing advice in relation to any matter referred to in this announcement.

In accordance with the Code, normal United Kingdom market practice and Rule 14e-5(b) of the Securities Exchange Act 1934 of the United States, Barclays, Investec, Peel Hunt and its affiliates will continue to act as exempt principal traders in Gamma securities on the London Stock Exchange. These purchases and activities by exempt principal traders which are required to be made public in the United Kingdom pursuant to the Code will be reported to a Regulatory Information Service and will be available on the London Stock Exchange website at www.londonstockexchange.com. This information will also be publicly disclosed in the United States to the extent that such information is made public in the United Kingdom.

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on [phone] if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

 

END