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:

14 May 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:

15,765,399

2.72%

5,907,916

1.02%

(2)

Cash-settled derivatives:

and/or controlled:

2,204,660

0.38%

15,423,520

2.67%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,970,059

3.11%

21,331,436

3.69%

(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

88,653

1.9071 GBP

3 1/3p ordinary

Purchase

21,800

1.9059 GBP

3 1/3p ordinary

Purchase

18,030

1.9036 GBP

3 1/3p ordinary

Purchase

12,656

1.9051 GBP

3 1/3p ordinary

Purchase

11,587

1.9048 GBP

3 1/3p ordinary

Purchase

9,271

1.9033 GBP

3 1/3p ordinary

Purchase

6,636

1.9068 GBP

3 1/3p ordinary

Purchase

5,219

1.9057 GBP

3 1/3p ordinary

Purchase

3,149

1.9075 GBP

3 1/3p ordinary

Purchase

3,060

1.9089 GBP

3 1/3p ordinary

Purchase

2,500

1.9052 GBP

3 1/3p ordinary

Purchase

2,384

1.9060 GBP

3 1/3p ordinary

Purchase

1,903

1.9035 GBP

3 1/3p ordinary

Purchase

1,773

1.9105 GBP

3 1/3p ordinary

Purchase

1,454

1.9107 GBP

3 1/3p ordinary

Purchase

1,289

1.9067 GBP

3 1/3p ordinary

Purchase

991

1.9100 GBP

3 1/3p ordinary

Purchase

523

1.9110 GBP

3 1/3p ordinary

Purchase

110

1.9140 GBP

3 1/3p ordinary

Purchase

20

1.9028 GBP

3 1/3p ordinary

Purchase

6

1.9106 GBP

3 1/3p ordinary

Sale

69,585

1.9145 GBP

3 1/3p ordinary

Sale

26,580

1.9060 GBP

3 1/3p ordinary

Sale

18,424

1.9191 GBP

3 1/3p ordinary

Sale

17,655

1.9196 GBP

3 1/3p ordinary

Sale

14,986

1.9194 GBP

3 1/3p ordinary

Sale

11,510

1.9089 GBP

3 1/3p ordinary

Sale

8,822

1.9049 GBP

3 1/3p ordinary

Sale

8,640

1.9200 GBP

3 1/3p ordinary

Sale

7,742

1.9058 GBP

3 1/3p ordinary

Sale

7,381

1.9085 GBP

3 1/3p ordinary

Sale

1,454

1.9109 GBP

3 1/3p ordinary

Sale

991

1.9102 GBP

3 1/3p ordinary

Sale

269

1.9050 GBP

3 1/3p ordinary

Sale

20

1.9030 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

Closing Short

3,991

1.9049 GBP

3 1/3p ordinary

SWAP

Decreasing Short

100

1.9179 GBP

3 1/3p ordinary

SWAP

Decreasing Short

335

1.9058 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,278

1.9079 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,594

1.9060 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,831

1.9049 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,203

1.9118 GBP

3 1/3p ordinary

SWAP

Decreasing Short

7,742

1.9058 GBP

3 1/3p ordinary

SWAP

Decreasing Short

100,000

1.9198 GBP

3 1/3p ordinary

SWAP

Increasing Short

6,636

1.9068 GBP

3 1/3p ordinary

SWAP

Increasing Short

18,030

1.9036 GBP

3 1/3p ordinary

CFD

Increasing Short

18,457

1.9051 GBP

3 1/3p ordinary

SWAP

Increasing Short

21,873

1.9048 GBP

3 1/3p ordinary

CFD

Increasing Short

62,004

1.9079 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:

15 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213