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09 July 2026 11:35:24
- Source: Sharecast
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FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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GAMMA COMMUNICATIONS PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
GAMMA COMMUNICATIONS PLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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08 Jul 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
NO |
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trader making disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
0.25p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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877,390 |
0.98% |
963,917 |
1.07% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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922,573 |
1.03% |
874,410 |
0.97% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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1,799,963 |
2.01% |
1,838,327 |
2.05% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
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securities |
paid/received |
paid/received |
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0.25p ordinary |
Purchase |
187,283 |
8.8758 GBP |
8.0750 GBP |
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0.25p ordinary |
Sale |
369,632 |
8.9050 GBP |
8.1225 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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0.25p ordinary |
SWAP |
Increasing Long |
831 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
1,196 |
8.8595 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1,322 |
8.1698 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
2,724 |
8.2800 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
39 |
8.5320 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
145 |
8.3430 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
402 |
8.3375 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
13,935 |
8.3589 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
404 |
8.1436 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
310 |
8.2656 GBP |
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0.25p ordinary |
SWAP |
Closing Short |
13,125 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Opening Long |
4,522 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
22,164 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
128 |
8.3712 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
8,101 |
8.8683 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
1,733 |
8.8815 GBP |
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0.25p ordinary |
SWAP |
Closing Long |
9,372 |
8.6390 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
3,231 |
8.2762 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
52 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
8,061 |
8.8570 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
109 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
2 |
8.1250 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
1 |
8.1250 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
6,750 |
8.4000 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
6,103 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Closing Long |
82 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Opening Short |
1 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
268 |
8.1564 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
99 |
8.1564 GBP |
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0.25p ordinary |
CFD |
Closing Short |
1,895 |
8.2791 GBP |
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0.25p ordinary |
CFD |
Decreasing Short |
1,721 |
8.8602 GBP |
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0.25p ordinary |
CFD |
Decreasing Long |
640 |
8.3044 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
1,625 |
8.3942 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
383 |
8.1306 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
10,000 |
8.8551 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
146 |
8.1661 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
16,419 |
8.8407 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
230 |
8.2908 GBP |
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0.25p ordinary |
SWAP |
Closing Long |
1,128 |
8.4224 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
3,129 |
8.4224 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
209 |
8.1358 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
471 |
8.8758 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
643 |
8.8604 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
6,104 |
8.8106 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
42,016 |
8.3976 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
4,151 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
60 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
3,296 |
8.5750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
4,191 |
8.4167 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
1,898 |
8.7436 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
48 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
3,375 |
8.3483 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
54 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
529 |
8.6592 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
196 |
8.6592 GBP |
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0.25p ordinary |
CFD |
Decreasing Short |
2,297 |
8.1571 GBP |
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0.25p ordinary |
CFD |
Increasing Long |
3,210 |
8.7508 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
146 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
2,303 |
8.5376 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
75 |
8.5426 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
15,509 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
438 |
8.1940 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
5 |
8.5463 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
3,375 |
8.3483 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
8,891 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
72 |
8.1151 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1,808 |
8.3018 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
6,750 |
8.2758 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
2,086 |
8.1375 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
3,540 |
8.2430 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
348 |
8.3595 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
3,375 |
8.3599 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
1,732 |
8.8675 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
251 |
8.3256 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
716 |
8.6650 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
2,372 |
8.3157 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
2,034 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
17,981 |
8.8448 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
20 |
8.8600 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
6,108 |
8.3024 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
1,119 |
8.1384 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
567 |
8.3170 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
212 |
8.1594 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
40,256 |
8.4315 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
54,827 |
8.6013 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
09 Jul 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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