5th Aug 2024 15:10
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: | 02 Aug 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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| 21,914,980 | 3.79% | 1,051,735 | 0.18% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 624,834 | 0.11% | 21,008,017 | 3.63% |
(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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| 22,539,814 | 3.90% | 22,059,752 | 3.81% |
(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 | 151,375 | 1.7200 GBP | ||||
3 1/3p ordinary | Purchase | 102,166 | 1.7208 GBP | ||||
3 1/3p ordinary | Purchase | 97,734 | 1.7224 GBP | ||||
3 1/3p ordinary | Purchase | 60,956 | 1.7215 GBP | ||||
3 1/3p ordinary | Purchase | 42,695 | 1.7222 GBP | ||||
3 1/3p ordinary | Purchase | 36,621 | 1.7219 GBP | ||||
3 1/3p ordinary | Purchase | 20,677 | 1.7217 GBP | ||||
3 1/3p ordinary | Purchase | 20,492 | 1.7229 GBP | ||||
3 1/3p ordinary | Purchase | 19,521 | 1.7213 GBP | ||||
3 1/3p ordinary | Purchase | 15,048 | 1.7214 GBP | ||||
3 1/3p ordinary | Purchase | 12,241 | 1.7212 GBP | ||||
3 1/3p ordinary | Purchase | 11,509 | 1.7249 GBP | ||||
3 1/3p ordinary | Purchase | 9,897 | 1.7220 GBP | ||||
3 1/3p ordinary | Purchase | 8,259 | 1.7223 GBP | ||||
3 1/3p ordinary | Purchase | 3,382 | 1.7210 GBP | ||||
3 1/3p ordinary | Purchase | 2,557 | 1.7180 GBP | ||||
3 1/3p ordinary | Purchase | 1,400 | 1.7231 GBP | ||||
3 1/3p ordinary | Purchase | 76 | 1.7240 GBP | ||||
3 1/3p ordinary | Purchase | 47 | 1.7270 GBP | ||||
3 1/3p ordinary | Purchase | 43 | 1.7308 GBP | ||||
3 1/3p ordinary | Sale | 311,496 | 1.7216 GBP | ||||
3 1/3p ordinary | Sale | 142,288 | 1.7200 GBP | ||||
3 1/3p ordinary | Sale | 68,054 | 1.7213 GBP | ||||
3 1/3p ordinary | Sale | 53,619 | 1.7235 GBP | ||||
3 1/3p ordinary | Sale | 16,356 | 1.7247 GBP | ||||
3 1/3p ordinary | Sale | 14,627 | 1.7232 GBP | ||||
3 1/3p ordinary | Sale | 6,761 | 1.7255 GBP | ||||
3 1/3p ordinary | Sale | 5,333 | 1.7224 GBP | ||||
3 1/3p ordinary | Sale | 3,382 | 1.7210 GBP | ||||
3 1/3p ordinary | Sale | 2,604 | 1.7183 GBP | ||||
3 1/3p ordinary | Sale | 2,600 | 1.7229 GBP | ||||
3 1/3p ordinary | Sale | 2,557 | 1.7180 GBP | ||||
3 1/3p ordinary | Sale | 1,722 | 1.7240 GBP | ||||
3 1/3p ordinary | Sale | 155 | 1.7283 GBP | ||||
3 1/3p ordinary | Sale | 125 | 1.7280 GBP | ||||
3 1/3p ordinary | Sale | 47 | 1.7270 GBP | ||||
3 1/3p ordinary | Sale | 43 | 1.7310 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 |
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security |
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3 1/3p ordinary | SWAP | Opening Short | 8,259 | 1.7225 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,174 | 1.7209 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 27,960 | 1.7261 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 115,499 | 1.7200 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 2,722 | 1.7213 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 18,811 | 1.7223 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 76,810 | 1.7200 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 14,369 | 1.7238 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,699 | 1.7229 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 52,595 | 1.7200 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 236 | 1.7230 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,200 | 1.7241 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,900 | 1.7270 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 17,443 | 1.7200 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 53,619 | 1.7235 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 14,627 | 1.7232 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 453 | 1.7225 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,597 | 1.7245 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,330 | 1.7200 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 16,356 | 1.7247 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 11,509 | 1.7249 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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(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: | 05 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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