Investec Bank Plc has filed a Form 8.5 disclosure under Rule 8.5 of the Takeover Code, revealing trading activity in Gamma Communications Plc ordinary shares.
The disclosure was filed on 30th July 2026, covering dealings undertaken by Investec Bank Plc on 29th July 2026.
Investec Bank Plc acted in its capacity as an exempt principal trader with recognised intermediary status, dealing in a client-serving capacity throughout the transactions.
Investec holds the position of Joint Broker to Gamma Communications Plc, establishing its connected status to the offer party named in the disclosure.
The filing reveals that Investec purchased 40,642 ordinary shares in Gamma Communications Plc, with prices ranging from a low of 961.5 pence to a high of 977.5 pence per unit.
In a matching set of transactions, Investec also sold 40,642 ordinary shares, with the same price range of 961.5 to 977.5 pence per unit applying to those sales.
The equal volume of purchases and sales reflects the firm’s role as a market-maker operating in a client-serving capacity rather than building a proprietary position.
No cash-settled derivative transactions, stock-settled derivative transactions, or options activity was reported as part of this regulatory filing.
Investec confirmed there are no indemnity arrangements, option agreements, or other understandings that could serve as an inducement to deal or refrain from dealing with any party to the offer.
The bank similarly confirmed no agreements or understandings exist relating to voting rights or future acquisition and disposal of relevant securities to which any derivative is referenced.
The contact named in the disclosure is Priyali Bhattacharjee, reachable at the telephone number provided within the filing submitted to a Regulatory Information Service.
Rule 8 of the Takeover Code requires that all public disclosures of this nature be made to a Regulatory Information Service, ensuring transparency throughout any offer or potential offer process.
