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10 July 2026 11:37:43
- 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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09 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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840,720 |
0.94% |
1,143,728 |
1.28% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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1,103,400 |
1.23% |
838,485 |
0.94% |
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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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1,944,120 |
2.17% |
1,982,213 |
2.21% |
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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 |
160,538 |
8.9595 GBP |
8.5550 GBP |
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0.25p ordinary |
Sale |
377,019 |
8.9596 GBP |
8.0680 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 |
703 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
2,349 |
8.8745 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
3,616 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
487 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
12,968 |
8.8025 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1,252 |
8.8144 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
2,062 |
8.9448 GBP |
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0.25p ordinary |
SWAP |
Closing Long |
4,522 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Opening Short |
7,187 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
21,024 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
104 |
8.8925 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
4,164 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
2,516 |
8.8637 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1,285 |
8.9015 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
6,094 |
8.8720 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
118 |
8.8252 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
25 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Opening Short |
10,083 |
8.8754 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
53 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
8,605 |
8.9412 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
9,361 |
8.8598 GBP |
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0.25p ordinary |
SWAP |
Closing Short |
1 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
2,349 |
8.8578 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
873 |
8.8578 GBP |
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0.25p ordinary |
CFD |
Opening Short |
6,792 |
8.8758 GBP |
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0.25p ordinary |
CFD |
Increasing Long |
3,514 |
8.8485 GBP |
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0.25p ordinary |
CFD |
Increasing Long |
3,427 |
8.7623 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
214 |
8.8507 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
6,850 |
8.8720 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
42 |
8.8958 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
903 |
8.7907 GBP |
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0.25p ordinary |
SWAP |
Closing Long |
1,967 |
8.8482 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
2,644 |
8.8481 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
1,371 |
8.8878 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
2,295 |
8.8042 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
24,708 |
8.7890 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
12,107 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
4,308 |
8.8642 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
566 |
8.8436 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1 |
8.9223 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
736 |
8.8280 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
28 |
8.8000 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
4,302 |
8.8625 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
592 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
2 |
8.9105 GBP |
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0.25p ordinary |
SWAP |
Closing Long |
1,182 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1,230 |
8.8118 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
3,879 |
8.9481 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
1,039 |
8.8096 GBP |
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0.25p ordinary |
SWAP |
Closing Short |
10,819 |
8.8587 GBP |
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0.25p ordinary |
SWAP |
Opening Long |
14,413 |
8.8587 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
1 |
8.9226 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
4,688 |
8.0683 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
7,313 |
8.8010 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
20 |
8.9055 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
797 |
8.9591 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
84 |
8.7887 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
5,255 |
8.8852 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
23,477 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
9,250 |
8.5559 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
47,971 |
8.8125 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
822 |
8.8732 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
347 |
8.9606 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
8,843 |
8.8946 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
650 |
8.8149 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
9,447 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Short |
370 |
8.8755 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
4,022 |
8.9323 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
204 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Short |
1,256 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
3,760 |
8.8750 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
6,097 |
8.8233 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
375 |
8.8486 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
477 |
8.8364 GBP |
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0.25p ordinary |
SWAP |
Decreasing Long |
252 |
8.8630 GBP |
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0.25p ordinary |
SWAP |
Increasing Long |
74,324 |
8.8164 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: |
10 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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