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:

12 Nov 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:

42,813,258

7.40%

1,041,874

0.18%

(2)

Cash-settled derivatives:

and/or controlled:

651,224

0.11%

41,769,914

7.22%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

43,464,482

7.51%

42,811,788

7.40%

(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

97,990

1.6877 GBP

3 1/3p ordinary

Purchase

22,133

1.6920 GBP

3 1/3p ordinary

Purchase

17,746

1.6925 GBP

3 1/3p ordinary

Purchase

8,800

1.6870 GBP

3 1/3p ordinary

Purchase

3,942

1.6922 GBP

3 1/3p ordinary

Purchase

3,549

1.6923 GBP

3 1/3p ordinary

Purchase

3,514

1.6749 GBP

3 1/3p ordinary

Purchase

2,219

1.6935 GBP

3 1/3p ordinary

Purchase

839

1.6940 GBP

3 1/3p ordinary

Purchase

28

1.6890 GBP

3 1/3p ordinary

Sale

163,495

1.6876 GBP

3 1/3p ordinary

Sale

47,729

1.6888 GBP

3 1/3p ordinary

Sale

10,126

1.6906 GBP

3 1/3p ordinary

Sale

8,643

1.6905 GBP

3 1/3p ordinary

Sale

6,307

1.6831 GBP

3 1/3p ordinary

Sale

5,187

1.6870 GBP

3 1/3p ordinary

Sale

3,922

1.6915 GBP

3 1/3p ordinary

Sale

3,778

1.6869 GBP

3 1/3p ordinary

Sale

3,600

1.6877 GBP

3 1/3p ordinary

Sale

2,118

1.6898 GBP

3 1/3p ordinary

Sale

1,714

1.6810 GBP

3 1/3p ordinary

Sale

1,624

1.6890 GBP

3 1/3p ordinary

Sale

835

1.6919 GBP

3 1/3p ordinary

Sale

708

1.6879 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

1,714

1.6810 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,778

1.6869 GBP

3 1/3p ordinary

SWAP

Decreasing Short

100

1.6879 GBP

3 1/3p ordinary

SWAP

Decreasing Short

608

1.6880 GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,917

1.6888 GBP

3 1/3p ordinary

SWAP

Decreasing Short

37,648

1.6892 GBP

3 1/3p ordinary

SWAP

Decreasing Short

272

1.6894 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,643

1.6905 GBP

3 1/3p ordinary

SWAP

Decreasing Short

835

1.6919 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,514

1.6749 GBP

3 1/3p ordinary

SWAP

Increasing Short

38,399

1.6870 GBP

3 1/3p ordinary

SWAP

Increasing Short

456

1.6907 GBP

3 1/3p ordinary

SWAP

Increasing Short

282

1.6912 GBP

3 1/3p ordinary

SWAP

Increasing Short

22,133

1.6920 GBP

3 1/3p ordinary

SWAP

Increasing Short

17,746

1.6925 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,000

1.6929 GBP

3 1/3p ordinary

CFD

Decreasing Short

160,957

1.6873 GBP

3 1/3p ordinary

CFD

Decreasing Short

1,624

1.6888 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:

13 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213