Investec Bank plc has filed a Form 8.5 disclosure under Rule 8.5 of the Takeover Code, revealing client-serving trades in Gamma Communications Plc ordinary shares.
The disclosure, dated August 10, 2026, relates to dealings carried out on August 7, 2026, in Gamma Communications Plc ordinary shares.
Investec Bank plc is identified in the filing as an exempt principal trader acting in a client-serving capacity with recognised intermediary status.
The bank holds the role of Joint Broker to Gamma Communications Plc, establishing its connection to the relevant party in the offer.
On August 7, 2026, Investec Bank purchased 41,037 ordinary shares in Gamma Communications Plc, with prices ranging from 970.5p to 1,007p per unit.
In the same session, the bank also sold 41,037 ordinary shares, with an identical price range of 970.5p at the low and 1,007p at the high.
The matching purchase and sale volumes of 41,037 shares each indicate the trades were executed in a market-making or client facilitation capacity rather than for proprietary positioning.
No cash-settled derivative transactions, stock-settled derivatives, or options activity was reported as part of this disclosure filing.
Investec confirmed there are no indemnity arrangements, option agreements, or understandings that could constitute an inducement to deal or refrain from dealing with any party to the offer.
The bank further stated there are no agreements or understandings relating to voting rights or future acquisition and disposal of any relevant securities to which a derivative is referenced.
The contact listed on the filing is Abhishek Gawde, reachable at +91-9923757332, and the disclosure was submitted to a Regulatory Information Service in line with Panel requirements.
Public disclosures under Rule 8 of the Takeover Code are required to be made to a Regulatory Information Service, with oversight from the Panel’s Market Surveillance Unit.
