[SCHEDULE 13G/A] Gannett Co., Inc. SEC Filing

Rhea-AI Filing Summary

Apollo-affiliated funds disclosed ownership stakes in Gannett Co., Inc. Apollo Capital Management and related entities report shared beneficial ownership of 11,653,303 shares, representing 8.0% of Gannett's outstanding common stock. Apollo Credit Strategies Master Fund and related Apollo ST entities report shared ownership of 10,549,932 shares, representing 7.2% of the class. Smaller Apollo vehicles report additional positions (e.g., Atlas 202,987 shares; Accord+ 70,559 shares; PPF Credit Strategies 818,125 shares). All reporting persons indicate no sole voting or dispositive power and disclaim beneficial ownership beyond record holdings. Percentages are calculated from 146,617,081 shares outstanding as of July 28, 2025, per the issuer's quarterly report.

Positive

• Material disclosure of ownership: Apollo Capital Management and related entities report 11,653,303 shares (8.0%) of Gannett common stock.
• Significant related holdings disclosed: Apollo Credit Strategies/ST entities report 10,549,932 shares (7.2%), providing clarity on concentration across Apollo funds.
• Transparency on voting/dispositive power: All reporting persons state 0 sole voting or dispositive power and disclose shared voting/dispositive power amounts.

Negative

• None.

Insights

Financial Analyst

TL;DR: Apollo affiliates disclose a sizable passive stake (8.0%) in Gannett, signaling meaningful creditor/investor interest without asserted control.

The filing shows coordinated disclosure by multiple Apollo entities with 11,653,303 shares (8.0%) reported under Apollo Capital Management and related holders and 10,549,932 shares (7.2%) reported under Credit Strategies/ST entities. All reporting persons state no sole voting or dispositive power, indicating shared control across funds and managers. The positions are material relative to the 146.6 million share base and must be monitored for future Schedule 13D updates if intent changes.

Corporate Governance Expert

TL;DR: Material disclosure of aggregated stakes from a single investment group, but certification asserts no intent to influence control.

The amendment aggregates holdings across numerous Apollo-managed vehicles, reflecting common practice for large asset managers. The report's certification states the securities were not acquired to change or influence control, suggesting a passive investment posture. Governance implications depend on whether these shared voting arrangements change; currently the disclosure increases transparency without indicating a governance challenge.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Gannett Co., Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

36472T109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Management Holdings GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,653,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,653,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,653,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Accord+ Aggregator A, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 70,559.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 70,559.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

70,559.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Accord+ Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 70,559.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 70,559.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

70,559.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Atlas Master Fund, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 202,987.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 202,987.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

202,987.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Atlas Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 202,987.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 202,987.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

202,987.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.1 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Credit Strategies Absolute Return Aggregator A, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,700.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,700.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,700.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Credit Strategies Absolute Return Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,700.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,700.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,700.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Credit Strategies Absolute Return Management GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,700.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,700.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,700.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Credit Strategies Master Fund Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,549,932.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,549,932.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,549,932.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.2 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo ST Fund Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,549,932.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,549,932.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,549,932.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo ST Operating LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,549,932.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,549,932.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,549,932.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.2 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo ST Capital LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,549,932.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,549,932.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,549,932.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

ST Management Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 10,549,932.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 10,549,932.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10,549,932.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.2 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo PPF Credit Strategies, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 818,125.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 818,125.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

818,125.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo PPF Credit Strategies Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 818,125.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 818,125.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

818,125.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Capital Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,653,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,653,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,653,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Capital Management GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,653,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,653,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,653,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36472T109

1

Names of Reporting Persons

Apollo Management Holdings, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 11,653,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 11,653,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

11,653,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.0 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Gannett Co., Inc.
(b)	Address of issuer's principal executive offices: 175 Sully's Trail, Suite 203, Pittsford, NY, 14534-4560
Item 2.
(a)	Name of person filing: This statement is filed by (i) Apollo Accord+ Aggregator A, L.P. ("Accord+"); (ii) Apollo Accord+ Management, L.P. ("Accord+ Management"); (iii) Apollo Atlas Master Fund, LLC ("Atlas"); (iv) Apollo Atlas Management, LLC ("Atlas Management"); (v) Apollo Credit Strategies Absolute Return Aggregator A, L.P. ("Absolute Return"); (vi) Apollo Credit Strategies Absolute Return Management, L.P. ("Absolute Return Management"); (vii) Apollo Credit Strategies Absolute Return Management GP, LLC ("Absolute Return Management GP"); (viii) Apollo Credit Strategies Master Fund Ltd. ("Credit Strategies"); (ix) Apollo ST Fund Management LLC ("ST Management"); (x) Apollo ST Operating LP ("ST Operating"); (xi) Apollo ST Capital LLC ("ST Capital"); (xii) ST Management Holdings, LLC ("ST Management Holdings"); (xiii) Apollo PPF Credit Strategies, LLC ("PPF Credit Strategies"); (xiv) Apollo PPF Credit Strategies Management, LLC ("PPF Management"); (xv) Apollo Capital Management, L.P. ("Capital Management"); (xvi) Apollo Capital Management GP, LLC ("Capital Management GP"); (xvii) Apollo Management Holdings, L.P. ("Management Holdings"); and (xviii) Apollo Management Holdings GP, LLC ("Management Holdings GP"). The foregoing are collectively referred to herein as the "Reporting Persons." Accord+, Atlas, Absolute Return, Credit Strategies and PPF Credit Strategies each hold securities of the Issuer. Accord+ Management serves as the investment manager of Accord+. Atlas Management serves as the investment manager of Atlas. Absolute Return Management serves as the investment manager of Absolute Return. Absolute Return Management GP is the general partner of Absolute Return Management. ST Management serves as the investment manager for Credit Strategies. ST Operating is the sole member of ST Management. The general partner of ST Operating is ST Capital. ST Management Holdings is the sole member of ST Capital. PPF Management serves as the investment manager of PPF Credit Strategies. Capital Management serves as the sole member of Atlas Management, Absolute Return Management GP, and PPF Management; as the sole member and manager of ST Management Holdings; and as the sole limited partner of Accord+ Management. Capital Management GP serves as the general partner of Capital Management. Management Holdings serves as the sole member and manager of Capital Management GP, and Management Holdings GP serves as the general partner of Management Holdings.
(b)	Address or principal business office or, if none, residence: The address of the principal office of Credit Strategies is c/o Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, KY1-9008, Cayman Islands. The address of the principal office of each of Accord+, Accord+ Management, Atlas, Atlas Management, Absolute Return, Absolute Return Management, Absolute Return Management GP, ST Management, ST Operating, ST Capital, ST Management Holdings, PPF Credit Strategies, PPF Management, Capital Management, Capital Management GP, Management Holdings, and Management Holdings GP is 9 W. 57th Street, 41st Floor, New York, New York 10019.
(c)	Citizenship: Atlas, Credit Strategies, and ST Management Holdings are each an exempted company incorporated in the Cayman Islands with limited liability. Accord+ and Absolute Return are each a Cayman Islands exempted limited partnership. Atlas Management, Absolute Return Management GP, ST Management, ST Capital, PPF Credit Strategies, PPF Management, Capital Management GP, and Management Holdings GP are each a Delaware limited liability company. Accord+ Management, Absolute Return Management, ST Operating, Capital Management, and Management Holdings are each a Delaware limited partnership.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 36472T109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Accord+ 70,559 Accord+ Management 70,559 Atlas 202,987 Atlas Management 202,987 Absolute Return 11,700 Absolute Return Management 11,700 Absolute Return Management GP 11,700 Credit Strategies 10,549,932 ST Management 10,549,932 ST Operating 10,549,932 ST Capital 10,549,932 ST Management Holdings 10,549,932 PPF Credit Strategies 818,125 PPF Management 818,125 Capital Management 11,653,303 Capital Management GP 11,653,303 Management Holdings 11,653,303 Management Holdings GP 11,653,303 Accord+, Atlas, Absolute Return, Credit Strategies, and PPF Credit Strategies each disclaims beneficial ownership of all shares of Common Stock included in this report other than the shares of Common Stock held of record by such Reporting Person, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each other Reporting Person, and Messrs. Scott Kleinman, James Zelter and Marc Rowan, the managers, as well as executive officers, of Management Holdings GP, disclaims beneficial ownership of all shares of Common Stock included in this report, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(b)	Percent of class: Accord+ 0.0% Accord+ Management 0.0% Atlas 0.1% Atlas Management 0.1% Absolute Return 0.0% Absolute Return Management 0.0% Absolute Return Management GP 0.0% Credit Strategies 7.2% ST Management 7.2% ST Operating 7.2% ST Capital 7.2% ST Management Holdings 7.2% PPF Credit Strategies 0.6% PPF Management 0.6% Capital Management 8.0% Capital Management GP 8.0% Management Holdings 8.0% Management Holdings GP 8.0% The percentages are based on 146,617,081 shares of Common Stock outstanding as of July 28, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on July 31, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0 for all Reporting Persons
	(ii) Shared power to vote or to direct the vote: Accord+ 70,559 Accord+ Management 70,559 Atlas 202,987 Atlas Management 202,987 Absolute Return 11,700 Absolute Return Management 11,700 Absolute Return Management GP 11,700 Credit Strategies 10,549,932 ST Management 10,549,932 ST Operating 10,549,932 ST Capital 10,549,932 ST Management Holdings 10,549,932 PPF Credit Strategies 818,125 PPF Management 818,125 Capital Management 11,653,303 Capital Management GP 11,653,303 Management Holdings 11,653,303 Management Holdings GP 11,653,303
	(iii) Sole power to dispose or to direct the disposition of: 0 for all Reporting Persons
	(iv) Shared power to dispose or to direct the disposition of: Accord+ 70,559 Accord+ Management 70,559 Atlas 202,987 Atlas Management 202,987 Absolute Return 11,700 Absolute Return Management 11,700 Absolute Return Management GP 11,700 Credit Strategies 10,549,932 ST Management 10,549,932 ST Operating 10,549,932 ST Capital 10,549,932 ST Management Holdings 10,549,932 PPF Credit Strategies 818,125 PPF Management 818,125 Capital Management 11,653,303 Capital Management GP 11,653,303 Management Holdings 11,653,303 Management Holdings GP 11,653,303
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Apollo Management Holdings GP, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Accord+ Aggregator A, L.P.

Signature:	Apollo Accord+ Advisors, L.P.
Name/Title:	General Partner
Date:	08/14/2025

Signature:	Apollo Accord+ Advisors GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Accord+ Management, L.P.

Signature:	Apollo Accord+ Advisors GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Atlas Master Fund, LLC

Signature:	Apollo Atlas Management, LLC
Name/Title:	Investment Manager
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Atlas Management, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Credit Strategies Absolute Return Aggregator A, L.P.

Signature:	Apollo Credit Strategies Absolute Return Advisors, L.P.
Name/Title:	General Partner
Date:	08/14/2025

Signature:	Apollo Credit Strategies Absolute Return Advisors GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Credit Strategies Absolute Return Management, L.P.

Signature:	Apollo Credit Strategies Absolute Return Advisors GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Credit Strategies Absolute Return Management GP, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Credit Strategies Master Fund Ltd.

Signature:	Apollo ST Fund Management, LLC
Name/Title:	Investment Manager
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo ST Fund Management LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo ST Operating LP

Signature:	Apollo ST Capital LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	ST Management Holdings, LLC
Name/Title:	Sole Member
Date:	08/14/2025

Signature:	Apollo Capital Management, L.P.
Name/Title:	Managing Member
Date:	08/14/2025

Signature:	Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William Kuesel
Name/Title:	William Kuesel, Vice President
Date:	08/14/2025

Apollo ST Capital LLC

Signature:	ST Management Holdings, LLC
Name/Title:	Sole Member
Date:	08/14/2025

Signature:	Apollo Capital Management, L.P.
Name/Title:	Managing Member
Date:	08/14/2025

Signature:	Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

ST Management Holdings, LLC

Signature:	Apollo Capital Management, L.P.
Name/Title:	Managing Member
Date:	08/14/2025

Signature:	Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo PPF Credit Strategies, LLC

Signature:	Apollo PPF Credit Strategies Management, LLC
Name/Title:	Investment Manager
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo PPF Credit Strategies Management, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Capital Management, L.P.

Signature:	Apollo Capital Management GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Capital Management GP, LLC

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

Apollo Management Holdings, L.P.

Signature:	Apollo Management Holdings GP, LLC
Name/Title:	General Partner
Date:	08/14/2025

Signature:	/s/ William B. Kuesel
Name/Title:	William B. Kuesel, Vice President
Date:	08/14/2025

FAQ

How many Gannett (GCI) shares does Apollo Capital Management report owning?

Apollo Capital Management and related reporting persons disclose shared beneficial ownership of 11,653,303 shares, representing 8.0% of the class.

What percentage of Gannett does Apollo Credit Strategies report owning?

Apollo Credit Strategies Master Fund and related ST entities report shared ownership of 10,549,932 shares, equal to 7.2% of outstanding common stock.

What is the reference share count used to calculate percentages?

Percentages are based on 146,617,081 shares outstanding as of July 28, 2025, per the issuer's quarterly report.

Do any reporting persons claim sole voting or dispositive power over the shares?

No. The filing reports 0 shares with sole voting power and 0 shares with sole dispositive power for all reporting persons; powers are reported as shared.

Does the filing indicate intent to influence control of Gannett?

The certification states the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.