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Form 8.3 SPIRENT COMMUNICATIONS PLC

17th Feb 2025 14:47

RNS Number : 3999X
Barclays PLC
17 February 2025
 

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

SPIRENT COMMUNICATIONS PLC

 

relevant securities this form relates:

(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:

14 Feb 2025

(f)

In addition to the company in 1(c) above, is the discloser making

NO

 

 

 

disclosures in respect of any other party to the offer?

 

 

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:

 

 

44,591,791

7.71%

610,230

0.11%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

316,793

0.05%

44,216,492

7.64%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

44,908,584

7.76%

44,826,722

7.75%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

3 1/3p ordinary

Purchase

34,069

1.8426 GBP

3 1/3p ordinary

Purchase

12,662

1.8440 GBP

3 1/3p ordinary

Purchase

8,587

1.8430 GBP

3 1/3p ordinary

Purchase

2,400

1.8380 GBP

3 1/3p ordinary

Purchase

2,400

1.8395 GBP

3 1/3p ordinary

Purchase

2,232

1.8414 GBP

3 1/3p ordinary

Purchase

2,120

1.8407 GBP

3 1/3p ordinary

Purchase

1,866

1.8388 GBP

3 1/3p ordinary

Purchase

1,401

1.8422 GBP

3 1/3p ordinary

Purchase

1,397

1.8400 GBP

3 1/3p ordinary

Purchase

585

1.8415 GBP

3 1/3p ordinary

Purchase

163

1.8439 GBP

3 1/3p ordinary

Purchase

78

1.8350 GBP

3 1/3p ordinary

Sale

23,251

1.8437 GBP

3 1/3p ordinary

Sale

13,064

1.8432 GBP

3 1/3p ordinary

Sale

11,909

1.8394 GBP

3 1/3p ordinary

Sale

5,145

1.8403 GBP

3 1/3p ordinary

Sale

3,035

1.8407 GBP

3 1/3p ordinary

Sale

1,623

1.8440 GBP

3 1/3p ordinary

Sale

1,129

1.8439 GBP

3 1/3p ordinary

Sale

1,058

1.8398 GBP

3 1/3p ordinary

Sale

1,001

1.8395 GBP

3 1/3p ordinary

Sale

657

1.8414 GBP

3 1/3p ordinary

Sale

624

1.8400 GBP

3 1/3p ordinary

Sale

624

1.8401 GBP

3 1/3p ordinary

Sale

526

1.8430 GBP

3 1/3p ordinary

Sale

48

1.8469 GBP

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

3 1/3p ordinary

SWAP

Decreasing Short

300

1.8349 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,001

1.8395 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,145

1.8403 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,035

1.8407 GBP

3 1/3p ordinary

SWAP

Decreasing Short

657

1.8414 GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,666

1.8427 GBP

3 1/3p ordinary

SWAP

Decreasing Short

16,671

1.8437 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,358

1.8439 GBP

3 1/3p ordinary

SWAP

Decreasing Short

87

1.8470 GBP

3 1/3p ordinary

SWAP

Increasing Short

773

1.8400 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,568

1.8404 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,120

1.8407 GBP

3 1/3p ordinary

SWAP

Increasing Short

515

1.8410 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,232

1.8414 GBP

3 1/3p ordinary

SWAP

Increasing Short

13,794

1.8430 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,625

1.8439 GBP

3 1/3p ordinary

SWAP

Increasing Short

23,814

1.8440 GBP

3 1/3p ordinary

CFD

Decreasing Short

6,193

1.8438 GBP

3 1/3p ordinary

CFD

Increasing Short

8,315

1.8427 GBP

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

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 exempt principal trader 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:

17 Feb 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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