9th Sep 2024 15:17
FORM 8.3 | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY | |||||||
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR | |||||||
MORE | |||||||
Rule 8.3 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Full name of discloser: |
| Barclays PLC. | ||||
(b) | Owner or controller of interest and short |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | SPIRENT COMMUNICATIONS PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 06 Sep 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO |
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| disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 3 1/3p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 33,535,843 | 5.80% | 897,369 | 0.16% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 512,333 | 0.09% | 32,772,201 | 5.66% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 34,048,176 | 5.88% | 33,669,570 | 5.82% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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3 1/3p ordinary | Purchase | 300,000 | 1.7348 GBP | ||||
3 1/3p ordinary | Purchase | 117,865 | 1.7470 GBP | ||||
3 1/3p ordinary | Purchase | 106,761 | 1.7310 GBP | ||||
3 1/3p ordinary | Purchase | 72,007 | 1.7352 GBP | ||||
3 1/3p ordinary | Purchase | 70,000 | 1.7340 GBP | ||||
3 1/3p ordinary | Purchase | 43,915 | 1.7328 GBP | ||||
3 1/3p ordinary | Purchase | 40,384 | 1.7387 GBP | ||||
3 1/3p ordinary | Purchase | 32,941 | 1.7349 GBP | ||||
3 1/3p ordinary | Purchase | 30,361 | 1.7330 GBP | ||||
3 1/3p ordinary | Purchase | 10,708 | 1.7344 GBP | ||||
3 1/3p ordinary | Purchase | 6,079 | 1.7385 GBP | ||||
3 1/3p ordinary | Purchase | 5,218 | 1.7337 GBP | ||||
3 1/3p ordinary | Purchase | 4,594 | 1.7490 GBP | ||||
3 1/3p ordinary | Purchase | 3,493 | 1.7403 GBP | ||||
3 1/3p ordinary | Purchase | 3,429 | 1.7367 GBP | ||||
3 1/3p ordinary | Purchase | 2,887 | 1.7445 GBP | ||||
3 1/3p ordinary | Purchase | 2,500 | 1.7300 GBP | ||||
3 1/3p ordinary | Purchase | 1,856 | 1.7420 GBP | ||||
3 1/3p ordinary | Purchase | 1,762 | 1.7591 GBP | ||||
3 1/3p ordinary | Purchase | 1,704 | 1.7402 GBP | ||||
3 1/3p ordinary | Purchase | 826 | 1.7401 GBP | ||||
3 1/3p ordinary | Purchase | 467 | 1.7430 GBP | ||||
3 1/3p ordinary | Purchase | 376 | 1.7360 GBP | ||||
3 1/3p ordinary | Purchase | 367 | 1.7390 GBP | ||||
3 1/3p ordinary | Purchase | 344 | 1.7460 GBP | ||||
3 1/3p ordinary | Sale | 186,847 | 1.7438 GBP | ||||
3 1/3p ordinary | Sale | 100,000 | 1.7312 GBP | ||||
3 1/3p ordinary | Sale | 74,309 | 1.7378 GBP | ||||
3 1/3p ordinary | Sale | 67,505 | 1.7308 GBP | ||||
3 1/3p ordinary | Sale | 42,958 | 1.7330 GBP | ||||
3 1/3p ordinary | Sale | 17,323 | 1.7309 GBP | ||||
3 1/3p ordinary | Sale | 13,264 | 1.7411 GBP | ||||
3 1/3p ordinary | Sale | 6,529 | 1.7338 GBP | ||||
3 1/3p ordinary | Sale | 5,218 | 1.7337 GBP | ||||
3 1/3p ordinary | Sale | 3,070 | 1.7344 GBP | ||||
3 1/3p ordinary | Sale | 1,961 | 1.7354 GBP | ||||
3 1/3p ordinary | Sale | 1,189 | 1.7403 GBP | ||||
3 1/3p ordinary | Sale | 1,031 | 1.7326 GBP | ||||
3 1/3p ordinary | Sale | 584 | 1.7380 GBP | ||||
3 1/3p ordinary | Sale | 16 | 1.7540 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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3 1/3p ordinary | SWAP | Decreasing Short | 67,505 | 1.7308 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 17,323 | 1.7309 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,798 | 1.7311 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,031 | 1.7326 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,471 | 1.7330 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,592 | 1.7354 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 37,344 | 1.7389 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,264 | 1.7411 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 16 | 1.7538 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 43,915 | 1.7328 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,408 | 1.7330 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 70,000 | 1.7340 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 300,000 | 1.7348 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 32,941 | 1.7349 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 376 | 1.7360 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 826 | 1.7401 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,704 | 1.7402 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,637 | 1.7405 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 18,567 | 1.7409 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,535 | 1.7413 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,583 | 1.7415 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 182 | 1.7424 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 344 | 1.7461 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,762 | 1.7591 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 4 | 1.7325 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 5,251 | 1.7329 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 2,075 | 1.7409 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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| securities | unit | |||
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 09 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSpirent