11th Feb 2025 15:23
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: | 10 Feb 2025 | |||||
(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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| 45,328,112 | 7.83% | 745,918 | 0.13% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 441,795 | 0.08% | 44,938,834 | 7.77% |
(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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| 45,769,907 | 7.91% | 45,684,752 | 7.90% |
(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 | 229,381 | 1.8500 GBP | ||||
3 1/3p ordinary | Purchase | 16,483 | 1.8515 GBP | ||||
3 1/3p ordinary | Purchase | 16,405 | 1.8588 GBP | ||||
3 1/3p ordinary | Purchase | 5,780 | 1.8501 GBP | ||||
3 1/3p ordinary | Purchase | 4,600 | 1.8578 GBP | ||||
3 1/3p ordinary | Purchase | 3,808 | 1.8505 GBP | ||||
3 1/3p ordinary | Purchase | 1,946 | 1.8503 GBP | ||||
3 1/3p ordinary | Purchase | 1,447 | 1.8537 GBP | ||||
3 1/3p ordinary | Purchase | 1,367 | 1.8535 GBP | ||||
3 1/3p ordinary | Purchase | 1,293 | 1.8490 GBP | ||||
3 1/3p ordinary | Purchase | 1,090 | 1.8544 GBP | ||||
3 1/3p ordinary | Purchase | 859 | 1.8519 GBP | ||||
3 1/3p ordinary | Purchase | 854 | 1.8504 GBP | ||||
3 1/3p ordinary | Purchase | 722 | 1.8590 GBP | ||||
3 1/3p ordinary | Purchase | 713 | 1.8533 GBP | ||||
3 1/3p ordinary | Purchase | 527 | 1.8470 GBP | ||||
3 1/3p ordinary | Purchase | 411 | 1.8565 GBP | ||||
3 1/3p ordinary | Purchase | 315 | 1.8553 GBP | ||||
3 1/3p ordinary | Sale | 296,602 | 1.8500 GBP | ||||
3 1/3p ordinary | Sale | 5,597 | 1.8516 GBP | ||||
3 1/3p ordinary | Sale | 4,140 | 1.8554 GBP | ||||
3 1/3p ordinary | Sale | 3,253 | 1.8490 GBP | ||||
3 1/3p ordinary | Sale | 2,450 | 1.8552 GBP | ||||
3 1/3p ordinary | Sale | 1,208 | 1.8462 GBP | ||||
3 1/3p ordinary | Sale | 765 | 1.8532 GBP | ||||
3 1/3p ordinary | Sale | 717 | 1.8474 GBP | ||||
3 1/3p ordinary | Sale | 714 | 1.8530 GBP | ||||
3 1/3p ordinary | Sale | 450 | 1.8551 GBP | ||||
3 1/3p ordinary | Sale | 139 | 1.8491 GBP | ||||
3 1/3p ordinary | Sale | 129 | 1.8502 GBP | ||||
3 1/3p ordinary | Sale | 20 | 1.8470 GBP | ||||
3 1/3p ordinary | Sale | 17 | 1.8485 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 | Increasing Short | 8,036 | 1.8517 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,208 | 1.8462 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 111,590 | 1.8500 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 129 | 1.8501 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,317 | 1.8504 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,550 | 1.8513 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,597 | 1.8516 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,450 | 1.8552 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,140 | 1.8554 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 320 | 1.8571 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 933 | 1.8490 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 40,450 | 1.8500 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,874 | 1.8502 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,946 | 1.8503 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 193 | 1.8514 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 12,484 | 1.8515 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,678 | 1.8516 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 345 | 1.8521 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,018 | 1.8526 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,367 | 1.8535 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 315 | 1.8553 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 647 | 1.8555 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,600 | 1.8578 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 15,414 | 1.8588 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 11 | 1.8509 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 11,217 | 1.8511 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 169 | 1.8551 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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| paid/ |
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: | 11 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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