Form 8.3 - Spirent Communications plc

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 positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:

SPIRENT COMMUNICATIONS PLC

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:

21 Aug 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing(if any)

Class of relevant security:

3 1/3p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

24,932,998

4.31%

1,051,961

0.18%

(2) Cash-settled derivatives:

521,517

0.09%

23,966,510

4.14%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

25,454,515

4.40%

25,018,471

4.32%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

3 1/3p ordinary

Purchase

68,646

1.7615 GBP

3 1/3p ordinary

Purchase

64,846

1.7603 GBP

3 1/3p ordinary

Purchase

42,560

1.7600 GBP

3 1/3p ordinary

Purchase

21,508

1.7659 GBP

3 1/3p ordinary

Purchase

18,265

1.7660 GBP

3 1/3p ordinary

Purchase

15,919

1.7678 GBP

3 1/3p ordinary

Purchase

8,721

1.7630 GBP

3 1/3p ordinary

Purchase

8,197

1.7700 GBP

3 1/3p ordinary

Purchase

6,492

1.7647 GBP

3 1/3p ordinary

Purchase

4,288

1.7558 GBP

3 1/3p ordinary

Purchase

2,108

1.7599 GBP

3 1/3p ordinary

Purchase

1,840

1.7649 GBP

3 1/3p ordinary

Purchase

934

1.7664 GBP

3 1/3p ordinary

Purchase

202

1.7710 GBP

3 1/3p ordinary

Sale

53,166

1.7600 GBP

3 1/3p ordinary

Sale

50,890

1.7624 GBP

3 1/3p ordinary

Sale

50,359

1.7689 GBP

3 1/3p ordinary

Sale

28,112

1.7695 GBP

3 1/3p ordinary

Sale

19,813

1.7649 GBP

3 1/3p ordinary

Sale

7,147

1.7645 GBP

3 1/3p ordinary

Sale

5,260

1.7699 GBP

3 1/3p ordinary

Sale

2,688

1.7642 GBP

3 1/3p ordinary

Sale

1,931

1.7620 GBP

3 1/3p ordinary

Sale

1,819

1.7709 GBP

3 1/3p ordinary

Sale

1,576

1.7700 GBP

3 1/3p ordinary

Sale

1,398

1.7630 GBP

3 1/3p ordinary

Sale

451

1.7560 GBP

3 1/3p ordinary

Sale

250

1.7568 GBP

3 1/3p ordinary

Sale

4

1.7550 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

3 1/3p ordinary

SWAP

Opening Short

11,900

1.7651 GBP

3 1/3p ordinary

SWAP

Decreasing Short

19,028

1.7648 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,180

1.7608 GBP

3 1/3p ordinary

CFD

Decreasing Short

1,361

1.7596 GBP

3 1/3p ordinary

CFD

Increasing Short

38,689

1.7600 GBP

3 1/3p ordinary

CFD

Increasing Short

2,544

1.7651 GBP

3 1/3p ordinary

CFD

Increasing Short

1,200

1.7701 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,041

1.7676 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,790

1.7694 GBP

3 1/3p ordinary

SWAP

Increasing Short

60,756

1.7609 GBP

3 1/3p ordinary

SWAP

Increasing Short

9,400

1.7617 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,500

1.7683 GBP

3 1/3p ordinary

SWAP

Decreasing Short

781

1.7634 GBP

3 1/3p ordinary

SWAP

Decreasing Short

50,359

1.7689 GBP

3 1/3p ordinary

SWAP

Increasing Short

21,508

1.7659 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,835

1.7701 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,260

1.7699 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,288

1.7558 GBP

3 1/3p ordinary

SWAP

Decreasing Short

53,288

1.7628 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,119

1.7632 GBP

3 1/3p ordinary

SWAP

Decreasing Short

28,112

1.7695 GBP

3 1/3p ordinary

SWAP

Increasing Short

18,265

1.7661 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,783

1.7691 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

22 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213