Man Group discloses 1.94% stake in Gamma Communications under UK takeover rules

Man Group PLC disclosed an aggregate 1.94% interest in Gamma Communications plc under Rule 8.3 of the Takeover Code, the UK framework governing takeover-related market disclosures. The position, dated August 6, 2026 and published on August 7, covers Gamma’s 0.25p ordinary shares and consists of 177,750 securities held and/or controlled, equal to 0.19%, plus 1,561,284 cash-settled derivatives, equal to 1.74%. The filing also reports a swap transaction that increased a long position by 8,922 reference securities at 9.6878 GBP per unit. Man Group said it was not making disclosures in respect of any other party to the offer, and it reported no indemnity arrangements, option-related understandings, or attached open-position supplement.

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