Gamma Communications plc (AIM:GAMA) acquired additional 8% stake in HFO Holding AG for €4.4 million recently. This has been achieved by a payment of €4.4 million in connection with an option exercise. Gamma now owns 96% of the shares of GHG with options to acquire the remaining 4% by the end of 2023. Patrick Robb and Virginia Bull of Investec Bank plc acted as financial advisor to Gamma. James Macey White and Matt Low of Tulchan Communications LLP acted as financial advisor to Gamma