Investec Bank plc has filed a Form 8.5 disclosure relating to its dealings in Gamma Communications Plc (GAMA.L) shares, in line with Takeover Code requirements.
The disclosure was made under Rule 8.5 of the Takeover Code, which governs public dealing disclosures by exempt principal traders operating with recognised intermediary status.
Investec Bank plc is identified in the filing as a Joint Broker to Gamma Communications Plc, establishing its connected status to the offer party named in the document.
The dealings disclosed were undertaken on 5th June 2026, with the formal disclosure submitted to a Regulatory Information Service on 8th June 2026.
Under the terms of the filing, Investec reported both purchases and sales of ordinary shares in Gamma Communications, with the transactions perfectly matched in volume.
The bank purchased a total of 23,081 ordinary shares, with prices ranging from a low of 938 pence per unit to a high of 964 pence per unit during the dealing period.
Investec also recorded sales of an identical 23,081 ordinary shares across the same price range, reflecting its role as a market-maker dealing in a client-serving capacity.
The filing confirms no cash-settled derivative transactions, no stock-settled derivative transactions, and no options were exercised as part of the disclosed dealings.
Investec also confirmed that no indemnity arrangements, dealing inducements, or agreements relating to voting rights or derivatives were in place in connection with this disclosure.
The contact named in the filing is Abhishek Gawde, reachable via telephone, with the disclosure submitted in accordance with the requirements of the UK Takeover Panel.
Rule 8.5 of the Takeover Code is designed to ensure transparency around share dealings by intermediaries connected to parties involved in a takeover or merger process.
The UK Takeover Panel’s Market Surveillance Unit remains available for consultation on dealing disclosure requirements under the Code for any parties seeking further guidance.
