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

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:

21 Jun 2024

(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:

21,310,102

3.68%

5,694,628

0.98%

(2)

Cash-settled derivatives:

and/or controlled:

1,584,785

0.27%

21,238,360

3.67%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

22,894,887

3.96%

26,932,988

4.65%

(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

430,000

1.8419 GBP

3 1/3p ordinary

Purchase

348,787

1.8488 GBP

3 1/3p ordinary

Purchase

222,876

1.8490 GBP

3 1/3p ordinary

Purchase

26,562

1.8502 GBP

3 1/3p ordinary

Purchase

19,281

1.8440 GBP

3 1/3p ordinary

Purchase

11,257

1.8470 GBP

3 1/3p ordinary

Purchase

10,138

1.8500 GBP

3 1/3p ordinary

Purchase

2,991

1.8409 GBP

3 1/3p ordinary

Purchase

2,991

1.8400 GBP

3 1/3p ordinary

Purchase

1,667

1.8487 GBP

3 1/3p ordinary

Purchase

193

1.8479 GBP

3 1/3p ordinary

Purchase

137

1.8497 GBP

3 1/3p ordinary

Sale

372,318

1.8490 GBP

3 1/3p ordinary

Sale

90,290

1.8498 GBP

3 1/3p ordinary

Sale

12,933

1.8486 GBP

3 1/3p ordinary

Sale

12,200

1.8500 GBP

3 1/3p ordinary

Sale

8,029

1.8484 GBP

3 1/3p ordinary

Sale

3,379

1.8495 GBP

3 1/3p ordinary

Sale

2,991

1.8400 GBP

3 1/3p ordinary

Sale

709

1.8480 GBP

3 1/3p ordinary

Sale

306

1.8475 GBP

3 1/3p ordinary

Sale

189

1.8485 GBP

3 1/3p ordinary

Sale

137

1.8499 GBP

3 1/3p ordinary

Sale

484

1.8479 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 Long

3,153

1.8421 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1

1.7980 GBP

3 1/3p ordinary

SWAP

Decreasing Short

232

1.8489 GBP

3 1/3p ordinary

SWAP

Decreasing Short

709

1.8480 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,118

1.8490 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,497

1.8490 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,200

1.8458 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,966

1.8488 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,029

1.8484 GBP

3 1/3p ordinary

SWAP

Decreasing Short

100,000

1.8498 GBP

3 1/3p ordinary

SWAP

Increasing Short

106

1.8510 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,991

1.8409 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,051

1.8500 GBP

3 1/3p ordinary

CFD

Increasing Short

7,551

1.8501 GBP

3 1/3p ordinary

SWAP

Increasing Short

26,562

1.8502 GBP

3 1/3p ordinary

SWAP

Increasing Short

73,073

1.8490 GBP

3 1/3p ordinary

SWAP

Increasing Short

107,546

1.8485 GBP

3 1/3p ordinary

SWAP

Increasing Short

430,000

1.8419 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:

24 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213