REG - Gamma Communications - Share buyback programme

Gamma CommunicationsAnnouncement

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RNS Number : 5882O  Gamma Communications PLC  13 January 2026

13 January 2026

Gamma Communications plc

 

Share buyback programme

 

Gamma Communications plc ("Gamma" or the "Company"), a leading European
provider of business-critical communications technology, announces that, from
today, it has appointed Investec Bank plc ("Investec") to manage a share
buyback programme to purchase ordinary shares of 0.25 pence each in the
Company ("Shares") for an aggregate purchase of up to £42.5m (the
"Programme"), within certain pre-set parameters. The existing buy-back
authority was conferred by shareholders at the Company's last annual general
meeting on 15 May 2025 (the "2025 AGM"). This authority is due to expire at
the Company's next AGM and a resolution will be proposed at the forthcoming
AGM (the "2026 AGM") to refresh this authority. The Company has authorised the
Programme to continue until the earlier of: (i) the maximum aggregate
consideration payable by the Company has been reached or (ii) 31 December
2026, subject to the maximum aggregate number of shares not exceeding the
authority conferred by shareholders at the 2025 AGM or any renewal of such
authority at the 2026 AGM. Shares acquired under the Programme will either be
cancelled or held in treasury as described below.

 

The Programme will be conducted by the Company in accordance with and under
the terms of the general authority granted to the Board by the Company's
shareholders. The Programme will also be effected within the provisions of the
UK version of the Market Abuse Regulation (Regulation (EU) No 596/2014) as
incorporated into UK domestic law by virtue of the European Union (Withdrawal)
Act 2018. Share purchases will be made by Investec on the Company's behalf
and, in the case of any purchases made during closed periods, shall be made
independently of and uninfluenced by the Company.

 

Any purchases will be conducted in compliance with the relevant conditions for
trading, restrictions regarding time and volume, disclosure and reporting
obligations, and price conditions. The purpose of the Programme is to reduce
the Company's share capital (any Shares repurchased for this purpose will be
cancelled) and to enable the Company to meet obligations arising from share
option programmes (any Shares repurchased for this purpose will be held in
treasury).

 

The Company will make further announcements in due course following the
completion of any repurchases. There is no guarantee that the Programme will
be implemented in full or that any Shares will be repurchased by the Company.

 

 Enquiries:   

 Gamma Communications plc                             Tel: +44 (0)333 006 5972

 Andrew Belshaw, Chief Executive Officer

 Bill Castell, Chief Financial Officer

 Rachael Matzopoulos, Company Secretary

  
 Investec (Joint Broker)                              Tel: +44 (0)207 597 5970

 Patrick Robb / Virginia Bull 

 Peel Hunt (Joint Broker)                             Tel: +44 (0)207 418 8900

 Neil Patel / Benjamin Cryer / Kate Bannatyne

  
 Teneo (Financial PR Adviser)                         Tel: +44 (0)207 353 4200

 James Macey White / Matt Low

  

Notes for editors:

 

Gamma Communications plc is a leading European provider of business-critical
communications technology. Our unrivalled channel partner network connects
major technology vendors with tens of thousands of SMEs, as well as large
corporates and the public sector. Gamma combines its proprietary solutions
with leading third-party cloud platforms, its own network and a high quality
of service, to help customers communicate and collaborate more effectively.

 

Our broad and expanding portfolio - including cloud communications software
(telephony, messaging, video, customer experience), calling, network
connectivity, AI-driven automation, cyber security and managed services -
enables customers of any size to deploy end-to-end communications and IT
solutions via a single provider.

 

In the UK, Gamma Business serves SMEs via an extensive network of over 1,500
channel partners. For larger corporate and public sector organisations, Gamma
Enterprise engages directly to design and support complex, integrated
communications solutions.

 

In Europe, Gamma has its largest presence in Germany, delivering services to
SMEs through both partners and its own self-service digital platform, and is
recognised as one of the country's leading cloud communications providers.

 

With over 2,000 employees, Gamma is a FTSE 250 company listed on the London
Stock Exchange (ticker: GAMA). More information can be found at: gammagroup.co

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