Sand Grove Capital Management LLP has disclosed a 4.05% position in Gamma Communications plc, representing 3,640,116 shares held via cash-settled derivatives as of 25 June 2026. The disclosure, made under Rule 8.3 of the Takeover Code, also reported a dealing on the same day involving a reduction of a long position through a CFD on 39,333 shares at 842.5 GBp per share. No other positions, rights to subscribe, or indemnity arrangements were disclosed.
Gamma Communications PLCDisclosure of a 4.05% stake by Sand Grove Capital Management, indicating investor confidence and potential activist interest.