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:

05 Jul 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:

24,792,573

4.28%

818,737

0.14%

(2)

Cash-settled derivatives:

and/or controlled:

389,732

0.07%

24,331,742

4.20%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

25,182,305

4.35%

25,150,479

4.35%

(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

163,837

1.8060 GBP

3 1/3p ordinary

Purchase

96,342

1.8176 GBP

3 1/3p ordinary

Purchase

59,646

1.8058 GBP

3 1/3p ordinary

Purchase

58,053

1.8155 GBP

3 1/3p ordinary

Purchase

55,697

1.8082 GBP

3 1/3p ordinary

Purchase

38,798

1.8144 GBP

3 1/3p ordinary

Purchase

28,994

1.8112 GBP

3 1/3p ordinary

Purchase

20,041

1.8191 GBP

3 1/3p ordinary

Purchase

8,825

1.8090 GBP

3 1/3p ordinary

Purchase

7,701

1.8142 GBP

3 1/3p ordinary

Purchase

6,167

1.8161 GBP

3 1/3p ordinary

Purchase

4,050

1.8160 GBP

3 1/3p ordinary

Purchase

3,748

1.8150 GBP

3 1/3p ordinary

Purchase

2,167

1.8100 GBP

3 1/3p ordinary

Purchase

1,585

1.8140 GBP

3 1/3p ordinary

Purchase

1,505

1.8163 GBP

3 1/3p ordinary

Purchase

1,500

1.8198 GBP

3 1/3p ordinary

Sale

116,049

1.8077 GBP

3 1/3p ordinary

Sale

108,202

1.8068 GBP

3 1/3p ordinary

Sale

27,656

1.8156 GBP

3 1/3p ordinary

Sale

15,891

1.8140 GBP

3 1/3p ordinary

Sale

14,372

1.8060 GBP

3 1/3p ordinary

Sale

8,825

1.8090 GBP

3 1/3p ordinary

Sale

4,736

1.8165 GBP

3 1/3p ordinary

Sale

3,700

1.8069 GBP

3 1/3p ordinary

Sale

2,300

1.8151 GBP

3 1/3p ordinary

Sale

2,167

1.8101 GBP

3 1/3p ordinary

Sale

1,108

1.8129 GBP

3 1/3p ordinary

Sale

402

1.8160 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

9,950

1.8079 GBP

3 1/3p ordinary

CFD

Increasing Short

1,505

1.8162 GBP

3 1/3p ordinary

CFD

Increasing Short

9,116

1.8182 GBP

3 1/3p ordinary

SWAP

Increasing Short

724

1.8143 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,700

1.8069 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,500

1.8198 GBP

3 1/3p ordinary

SWAP

Decreasing Short

15,891

1.8140 GBP

3 1/3p ordinary

SWAP

Increasing Short

23,094

1.8060 GBP

3 1/3p ordinary

SWAP

Increasing Short

58,053

1.8155 GBP

3 1/3p ordinary

SWAP

Increasing Short

6,167

1.8161 GBP

3 1/3p ordinary

SWAP

Increasing Short

96,342

1.8176 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,108

1.8129 GBP

3 1/3p ordinary

SWAP

Increasing Short

20,041

1.8191 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,814

1.8148 GBP

3 1/3p ordinary

SWAP

Decreasing Short

62,865

1.8102 GBP

3 1/3p ordinary

SWAP

Increasing Short

21,639

1.8060 GBP

3 1/3p ordinary

SWAP

Increasing Short

38,798

1.8144 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:

08 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213