Investec Bank plc has filed a Form 8.5 disclosure revealing significant trading activity in Gamma Communications plc (GAMA.L) ordinary shares on 19th October 2026.
The disclosure was made under Rule 8.5 of the Takeover Code, which governs public dealing disclosures by exempt principal traders with recognised intermediary status.
Investec Bank plc acted in a client-serving capacity during the dealings, consistent with its role as Joint Broker to Gamma Communications plc.
The filing confirms that Investec purchased a total of 535,019 ordinary shares in Gamma Communications during the relevant dealing period.
The highest price paid per unit during those purchases reached 1092 pence, while the lowest price paid came in at 1088 pence per share.
On the sell side, Investec recorded sales of 435,019 ordinary shares in Gamma Communications over the same period.
Sales were executed at prices ranging from a high of 1093 pence per unit down to a low of 1090 pence per unit.
The net position reflects a purchase volume exceeding sales by 100,000 shares, indicating a marginally positive accumulation during the session.
No cash-settled derivative transactions, stock-settled derivative transactions, or options activity was reported as part of this disclosure filing.
Investec confirmed there are no indemnity arrangements, options agreements, or understandings relating to voting rights or future acquisitions connected to these dealings.
The disclosure was submitted on 20th October 2026, with contact for the filing listed under the name Gary Darch, reachable at 0207 597 4549.
Rule 8 of the Takeover Code requires that all such public disclosures be made promptly to a Regulatory Information Service to ensure market transparency.
The Panel’s Market Surveillance Unit remains available for consultation regarding dealing disclosure requirements under the Code for any parties seeking guidance.
