Investec Bank plc has filed a formal public dealing disclosure under Rule 8.5 of the Takeover Code relating to Gamma Communications Plc (GAMA).
The disclosure identifies Investec as an exempt principal trader acting in a client-serving capacity with recognised intermediary status under the Code.
Investec currently serves as Joint Broker to Gamma Communications Plc, establishing the connection that triggers mandatory disclosure obligations under takeover regulations.
The dealings in question were undertaken on 10th August 2026, with the formal disclosure submitted the following day on 11th August 2026.
According to the filing, Investec Bank purchased and sold 15,656 ordinary shares in Gamma Communications Plc during the dealing period.
Both the purchases and sales involved the same volume of 15,656 ordinary shares, reflecting the bank’s role as an intermediary rather than a directional investor.
The highest price per unit recorded across both purchases and sales was 989.5p, while the lowest price per unit was 971p.
No cash-settled derivative transactions, stock-settled derivative transactions, or options were reported as part of this disclosure.
Investec confirmed there are no indemnity arrangements, options, or formal and informal agreements relating to relevant securities that could constitute an inducement to deal or refrain from dealing.
The bank also confirmed no agreements or understandings exist relating to voting rights, future acquisitions, or disposals linked to any derivative referenced to Gamma Communications securities.
The disclosure contact listed in the filing is Abhishek Gawde, reachable by telephone for any regulatory follow-up enquiries.
Public disclosures of this nature under Rule 8 of the Takeover Code are required to be submitted to a Regulatory Information Service to ensure market transparency.
The UK Takeover Panel’s Market Surveillance Unit oversees compliance with dealing disclosure requirements, with the full Code available via the Panel’s official website.
