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Form 8.3 - Spirent Communications plc

3rd Dec 2024 15:20

RNS Number : 6568O
Barclays PLC
03 December 2024
 

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:

02 Dec 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:

 

 

43,414,577

7.50%

1,367,928

0.24%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

977,796

0.17%

42,516,968

7.35%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

44,392,373

7.67%

43,884,896

7.58%

(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

650,000

1.8059 GBP

3 1/3p ordinary

Purchase

200,000

1.8039 GBP

3 1/3p ordinary

Purchase

125,000

1.8089 GBP

3 1/3p ordinary

Purchase

114,270

1.7837 GBP

3 1/3p ordinary

Purchase

100,000

1.7959 GBP

3 1/3p ordinary

Purchase

96,408

1.8043 GBP

3 1/3p ordinary

Purchase

62,917

1.7967 GBP

3 1/3p ordinary

Purchase

60,852

1.7780 GBP

3 1/3p ordinary

Purchase

52,027

1.7983 GBP

3 1/3p ordinary

Purchase

49,108

1.7807 GBP

3 1/3p ordinary

Purchase

17,887

1.7981 GBP

3 1/3p ordinary

Purchase

13,462

1.7894 GBP

3 1/3p ordinary

Purchase

5,548

1.8030 GBP

3 1/3p ordinary

Purchase

4,582

1.7865 GBP

3 1/3p ordinary

Purchase

4,560

1.7825 GBP

3 1/3p ordinary

Purchase

4,293

1.8035 GBP

3 1/3p ordinary

Purchase

2,955

1.7985 GBP

3 1/3p ordinary

Purchase

2,700

1.7947 GBP

3 1/3p ordinary

Purchase

1,699

1.8013 GBP

3 1/3p ordinary

Purchase

1,354

1.7975 GBP

3 1/3p ordinary

Purchase

388

1.7811 GBP

3 1/3p ordinary

Purchase

211

1.8082 GBP

3 1/3p ordinary

Purchase

84

1.7862 GBP

3 1/3p ordinary

Sale

96,428

1.7816 GBP

3 1/3p ordinary

Sale

87,743

1.8016 GBP

3 1/3p ordinary

Sale

82,524

1.7985 GBP

3 1/3p ordinary

Sale

57,984

1.7853 GBP

3 1/3p ordinary

Sale

56,631

1.7780 GBP

3 1/3p ordinary

Sale

39,707

1.7799 GBP

3 1/3p ordinary

Sale

22,009

1.7855 GBP

3 1/3p ordinary

Sale

19,761

1.7898 GBP

3 1/3p ordinary

Sale

15,377

1.7848 GBP

3 1/3p ordinary

Sale

15,063

1.8036 GBP

3 1/3p ordinary

Sale

7,403

1.8012 GBP

3 1/3p ordinary

Sale

6,100

1.7864 GBP

3 1/3p ordinary

Sale

5,112

1.7828 GBP

3 1/3p ordinary

Sale

4,336

1.8014 GBP

3 1/3p ordinary

Sale

4,293

1.8035 GBP

3 1/3p ordinary

Sale

3,305

1.8026 GBP

3 1/3p ordinary

Sale

2,816

1.8050 GBP

3 1/3p ordinary

Sale

1,899

1.8020 GBP

3 1/3p ordinary

Sale

1,651

1.7779 GBP

3 1/3p ordinary

Sale

900

1.7750 GBP

3 1/3p ordinary

Sale

36

1.7950 GBP

3 1/3p ordinary

Sale

13

1.7960 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

1

1.7370 GBP

3 1/3p ordinary

SWAP

Decreasing Short

900

1.7750 GBP

3 1/3p ordinary

SWAP

Decreasing Short

171

1.7780 GBP

3 1/3p ordinary

SWAP

Decreasing Short

39,707

1.7799 GBP

3 1/3p ordinary

SWAP

Decreasing Short

6,100

1.7864 GBP

3 1/3p ordinary

SWAP

Decreasing Short

19,761

1.7898 GBP

3 1/3p ordinary

SWAP

Decreasing Short

70,706

1.7905 GBP

3 1/3p ordinary

SWAP

Decreasing Short

165

1.7933 GBP

3 1/3p ordinary

SWAP

Decreasing Short

82,524

1.7985 GBP

3 1/3p ordinary

SWAP

Increasing Short

73,478

1.7780 GBP

3 1/3p ordinary

SWAP

Increasing Short

9

1.7823 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,712

1.7825 GBP

3 1/3p ordinary

SWAP

Increasing Short

3

1.7860 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,383

1.7869 GBP

3 1/3p ordinary

SWAP

Increasing Short

345

1.7870 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,700

1.7947 GBP

3 1/3p ordinary

SWAP

Increasing Short

100,000

1.7958 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,120

1.7965 GBP

3 1/3p ordinary

SWAP

Increasing Short

62,917

1.7967 GBP

3 1/3p ordinary

SWAP

Increasing Short

21,163

1.7969 GBP

3 1/3p ordinary

SWAP

Increasing Short

52,027

1.7983 GBP

3 1/3p ordinary

SWAP

Increasing Short

200,000

1.8039 GBP

3 1/3p ordinary

SWAP

Increasing Short

650,000

1.8059 GBP

3 1/3p ordinary

SWAP

Increasing Short

49

1.8081 GBP

3 1/3p ordinary

SWAP

Increasing Short

125,000

1.8089 GBP

3 1/3p ordinary

CFD

Decreasing Short

570

1.7368 GBP

3 1/3p ordinary

CFD

Increasing Short

2,076

1.7780 GBP

3 1/3p ordinary

CFD

Increasing Short

3,361

1.7943 GBP

3 1/3p ordinary

CFD

Increasing Short

981

1.7950 GBP

3 1/3p ordinary

CFD

Increasing Short

8,659

1.7957 GBP

3 1/3p ordinary

CFD

Increasing Short

211

1.8082 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:

03 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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