Gamma Communications (GAMA)

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Share Price:
1,082.00p
Market Cap:
£964.59m
Change Today:
112.50p
Sector:
Telecom Operators

Oakley Capital not planning to bid for Gamma Communications

By Michele Maatouk

Date: Friday 12 Jun 2026

LONDON (ShareCast) - (Sharecast News) - Oakley Capital said on Friday that it does not plan to make a takeover offer for Gamma Communications.
Gamma announced on 15 May that it was in talks with a consortium comprising Oakley and IT service provider Giacom.

"It has since been clarified to Gamma that Oakley was acting as the potential offeror and that Giacom was in preliminary discussions with Oakley regarding a possible purchase of some of the assets of Gamma (but was not acting in a consortium or acting in concert with Oakley)," Oakley said in a statement on Friday.

"Oakley confirms that it is not intending to make an offer for Gamma."

At 1627 BST, Gamma shares were down 3% at 927.83p.

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GAMA Market Data

Currency UK Pounds
Price 1,082.00p
Change Today 112.50p
52 Week High 1,106.00p
52 Week Low 701.00p
Volume 1,436,122
Shares Issued 89.15m
Market Cap £964.59m

Performance Indicators

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