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GAMA — Gamma Communications News Story

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UK's Gamma Communications jumps on report of rival Waterland bid

BUZZ-UK's Gamma Communications jumps on report of rival Waterland bid

** Shares of Gamma Communications GAMA.L up 2.1% at 1,180p

** Sunday Times reports over the weekend that Dutch private equity firm Waterland plans to make an offer for Gamma Communications

** According to the report, Waterland offer price exceeds the £1.08 bln ($1.46 bln) bid from Epiris

** Co suspends its share buyback and dividend programme

** H1 revenue jumps 4% to £330 mln

** Including session gains, GAMA shares up ~27.5% YTD


($1 = 0.7396 pounds)


(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))

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