2nd Jun 2026 14:43
FORM 8.5 (EPT/NON-RI) | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: |
| BARCLAYS CAPITAL SECURITIES LTD | ||||
(b) | Name of offeror/offeree in relation to whose |
| GAMMA COMMUNICATIONS PLC | ||||
| relevant securities this form relates: |
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(c) | Name of the party to the offer with which exempt | GAMMA COMMUNICATIONS PLC | |||||
| principal trader is connected |
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(d) | Date position held/dealing undertaken: |
| 01 Jun 2026 | ||||
(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 | ||||||
(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 | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 1,353,863 | 1.50% | 1,082,283 | 1.20% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,053,143 | 1.17% | 1,353,044 | 1.50% |
(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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| 2,407,006 | 2.66% | 2,435,327 | 2.70% |
(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 | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security |
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0.25p ordinary | Purchase | 89,853 | 9.8404 GBP | 9.5528 GBP | |||
0.25p ordinary | Sale | 184,735 | 9.8400 GBP | 9.5400 GBP | |||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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0.25p ordinary | SWAP | Increasing Long | 192 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 233 | 9.5907 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 2,135 | 9.6779 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 1,751 | 9.6093 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 129 | 9.6126 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 821 | 9.6302 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 650 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Opening Long | 4,548 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Closing Short | 1,259 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Opening Long | 1,096 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 6,823 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 22 | 9.6165 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 327 | 9.6750 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 3,331 | 9.6300 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 2,011 | 9.6450 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 15 | 9.6505 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 4 | 9.6149 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 233 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1 | 9.6100 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 2,930 | 9.8333 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 779 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 38,639 | 9.7189 GBP | |||
0.25p ordinary | SWAP | Closing Short | 2 | 9.6100 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 928 | 9.5758 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 345 | 9.5758 GBP | |||
0.25p ordinary | CFD | Closing Short | 681 | 9.8392 GBP | |||
0.25p ordinary | CFD | Decreasing Short | 1,500 | 9.7547 GBP | |||
0.25p ordinary | CFD | Increasing Long | 1,582 | 9.7150 GBP | |||
0.25p ordinary | CFD | Increasing Short | 750 | 9.5891 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 20 | 9.6190 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 2,059 | 9.6450 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 375 | 9.8120 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 233 | 9.6085 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 193 | 9.6100 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 4,755 | 9.6729 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 158 | 9.5958 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 1,146 | 9.7068 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 78 | 9.7300 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 3,763 | 9.6325 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1,646 | 9.6300 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 6,934 | 9.6644 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 233 | 9.6100 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 7,864 | 9.7682 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 120 | 9.5750 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 8 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 3 | 9.8400 GBP | |||
0.25p ordinary | CFD | Decreasing Short | 2,430 | 9.5783 GBP | |||
0.25p ordinary | CFD | Increasing Short | 5,300 | 9.5984 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1,685 | 9.6300 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 233 | 9.6143 GBP | |||
0.25p ordinary | SWAP | Closing Short | 161 | 9.6877 GBP | |||
0.25p ordinary | SWAP | Opening Long | 606 | 9.6877 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 75 | 9.7050 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 4,070 | 9.6450 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1,859 | 9.6325 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 5,605 | 9.6425 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 667 | 9.5846 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 640 | 9.8400 GBP | |||
0.25p ordinary | CFD | Decreasing Short | 2,276 | 9.6699 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1,904 | 9.6325 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 466 | 9.5528 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 84 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 73 | 9.6325 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 36 | 9.6325 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 10,433 | 9.6096 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 305 | 9.5851 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 463 | 9.5797 GBP | |||
0.25p ordinary | CFD | Closing Short | 3,930 | 9.6126 GBP | |||
0.25p ordinary | CFD | Opening Long | 3,810 | 9.6126 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 37 | 9.6325 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 1,722 | 9.8404 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 88 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 4,860 | 9.6750 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 2,208 | 9.6750 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 995 | 9.5848 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 14,508 | 9.8400 GBP | |||
0.25p ordinary | CFD | Decreasing Long | 3,571 | 9.6399 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 2,325 | 9.6750 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 523 | 9.8404 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 76 | 9.7335 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 1,248 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 567 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 312 | 9.5587 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 561 | 9.6859 GBP | |||
0.25p ordinary | CFD | Closing Long | 239 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 597 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 1,114 | 9.7050 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 506 | 9.7050 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 323 | 9.5897 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 160 | 9.8150 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 533 | 9.7050 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 78 | 9.7300 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 599 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 10,481 | 9.8400 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 909 | 9.6156 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 631 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 1,318 | 9.7175 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1,258 | 9.6163 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 5,544 | 9.5958 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 411 | 9.6014 GBP | |||
0.25p ordinary | SWAP | Increasing Long | 1,282 | 9.6168 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 393 | 9.7930 GBP | |||
0.25p ordinary | SWAP | Decreasing Long | 270 | 9.5731 GBP | |||
0.25p ordinary | SWAP | Increasing Short | 1,292 | 9.5847 GBP | |||
0.25p ordinary | SWAP | Decreasing Short | 624 | 9.7522 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 |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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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 | ||||
security |
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4. | OTHER INFORMATION | ||||||
(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 | |||||||
(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 | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 02 Jun 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysGamma Communications