Investec Bank plc has filed a Form 8.5 public dealing disclosure relating to its trading activity in Gamma Communications Plc ordinary shares.
The disclosure was made under Rule 8.5 of the UK Takeover Code, which governs exempt principal traders operating in a client-serving capacity with recognised intermediary status.
Investec Bank holds the position of Joint Broker to Gamma Communications Plc, establishing its connection to the company as required under the regulatory framework.
The transactions were undertaken on 11th September 2026, with the formal public disclosure dated 14th September 2026.
In the dealings reported, Investec Bank recorded purchases of 295,029 ordinary shares in Gamma Communications Plc across a price range of 1110p to 1141.5p per unit.
Simultaneously, the bank recorded sales of 295,029 ordinary shares at an identical price range, reflecting its client-serving role as an exempt principal trader.
The matching volumes of purchases and sales are consistent with market-making activity typically carried out by firms acting in an intermediary capacity for institutional clients.
No cash-settled derivative transactions were reported as part of the disclosure, and no stock-settled derivatives or options were declared by Investec Bank.
The bank confirmed that no indemnity arrangements, option agreements, or other formal or informal understandings relating to Gamma Communications securities were entered into in connection with this activity.
Investec also confirmed there were no agreements relating to voting rights or the future acquisition or disposal of any relevant securities tied to derivative instruments.
The contact named in the filing is Priyali Bhattacharjee, with dealings disclosures made in accordance with the requirements of the UK Panel on Takeovers and Mergers.
Public disclosures under Rule 8 of the Takeover Code are required to be submitted to a recognised Regulatory Information Service to ensure market transparency throughout offer periods.
