Form 8.3

LONDON--(BUSINESS WIRE)-- 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	GAMMA COMMUNICATIONS PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	07-07-2026
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	0.25p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	0	0.00	0	0.00
(2) Cash-settled derivatives:	1,027,494	1.14	88,850	0.09
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	1,027,494	1.14	88,850	0.09

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit (GBp)

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit (GBp)
0.25p ordinary	equity swap	decreasing a long position	6	832.00
0.25p ordinary	equity swap	decreasing a short position	72	827.00
0.25p ordinary	equity swap	decreasing a short position	284	828.00
0.25p ordinary	equity swap	decreasing a short position	592	828.50
0.25p ordinary	equity swap	decreasing a short position	555	829.00
0.25p ordinary	equity swap	decreasing a short position	186	829.50
0.25p ordinary	equity swap	decreasing a short position	3	830.00
0.25p ordinary	equity swap	decreasing a short position	282	830.50
0.25p ordinary	equity swap	decreasing a short position	72	831.00
0.25p ordinary	equity swap	decreasing a short position	16275	832.00
0.25p ordinary	equity swap	decreasing a short position	194	834.00
0.25p ordinary	equity swap	decreasing a short position	401	834.50
0.25p ordinary	equity swap	decreasing a short position	48	835.50
0.25p ordinary	equity swap	decreasing a short position	113	836.00
0.25p ordinary	equity swap	decreasing a short position	144	836.25
0.25p ordinary	equity swap	decreasing a short position	69	837.50
0.25p ordinary	equity swap	decreasing a short position	742	840.00
0.25p ordinary	equity swap	decreasing a short position	117	840.25
0.25p ordinary	equity swap	increasing a long position	35	826.00
0.25p ordinary	equity swap	increasing a long position	76	827.00
0.25p ordinary	equity swap	increasing a long position	633	827.50
0.25p ordinary	equity swap	increasing a long position	1515	828.00
0.25p ordinary	equity swap	increasing a long position	917	828.50
0.25p ordinary	equity swap	increasing a long position	210	829.00
0.25p ordinary	equity swap	increasing a long position	865	829.25
0.25p ordinary	equity swap	increasing a long position	18314	829.50
0.25p ordinary	equity swap	increasing a long position	560	830.50
0.25p ordinary	equity swap	increasing a long position	324	831.00
0.25p ordinary	equity swap	increasing a long position	208	831.50
0.25p ordinary	equity swap	increasing a long position	367	831.75
0.25p ordinary	equity swap	increasing a long position	2864	832.00
0.25p ordinary	equity swap	increasing a long position	873	833.00
0.25p ordinary	equity swap	increasing a long position	839	833.50
0.25p ordinary	equity swap	increasing a long position	400	833.75
0.25p ordinary	equity swap	increasing a long position	1382	834.00
0.25p ordinary	equity swap	increasing a long position	1870	834.50
0.25p ordinary	equity swap	increasing a long position	61	835.00
0.25p ordinary	equity swap	increasing a long position	709	835.50
0.25p ordinary	equity swap	increasing a long position	566	836.00
0.25p ordinary	equity swap	increasing a long position	125	836.25
0.25p ordinary	equity swap	increasing a long position	924	836.50
0.25p ordinary	equity swap	increasing a long position	791	836.75
0.25p ordinary	equity swap	increasing a long position	1710	837.00
0.25p ordinary	equity swap	increasing a long position	402	837.50
0.25p ordinary	equity swap	increasing a long position	290	838.75
0.25p ordinary	equity swap	increasing a long position	614	839.00
0.25p ordinary	equity swap	increasing a long position	2422	840.00
0.25p ordinary	equity swap	increasing a long position	1834	840.50
0.25p ordinary	equity swap	increasing a long position	74	841.00
0.25p ordinary	equity swap	increasing a long position	480	841.25
0.25p ordinary	equity swap	increasing a long position	216	842.00
0.25p ordinary	equity swap	increasing a short position	460	826.50
0.25p ordinary	equity swap	increasing a short position	145	827.50
0.25p ordinary	equity swap	increasing a short position	72	829.00
0.25p ordinary	equity swap	increasing a short position	1789	829.50
0.25p ordinary	equity swap	increasing a short position	23	832.50
0.25p ordinary	equity swap	increasing a short position	488	833.00
0.25p ordinary	equity swap	increasing a short position	69	834.00
0.25p ordinary	equity swap	increasing a short position	144	834.50
0.25p ordinary	equity swap	increasing a short position	250	835.50
0.25p ordinary	equity swap	increasing a short position	254	836.00
0.25p ordinary	equity swap	increasing a short position	256	836.50
0.25p ordinary	equity swap	increasing a short position	73	837.50
0.25p ordinary	equity swap	increasing a short position	72	838.00
0.25p ordinary	equity swap	increasing a short position	69	840.00

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit (CCY0)

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit (CCY0)

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
0	0	0	0	0

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
0	0	0	0

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	08-07-2026
Contact name:	Janice Falcao
Telephone number:	00442033140679

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone]. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.