18th Jun 2024 15:00
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: | 17 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: | 16,716,852 | 2.89% | 5,602,238 | 0.97% | |||
(2) | Cash-settled derivatives: | ||||||
and/or controlled: | 1,654,075 | 0.29% | 16,836,957 | 2.91% | |||
(3) | Stock-settled derivatives (including options) | ||||||
and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 18,370,927 | 3.17% | 22,439,195 | 3.88% | |||
(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 | 626,525 | 1.8449 GBP | ||||
3 1/3p ordinary | Purchase | 46,468 | 1.8492 GBP | ||||
3 1/3p ordinary | Purchase | 44,997 | 1.8471 GBP | ||||
3 1/3p ordinary | Purchase | 20,982 | 1.8470 GBP | ||||
3 1/3p ordinary | Purchase | 10,451 | 1.8435 GBP | ||||
3 1/3p ordinary | Purchase | 4,467 | 1.8438 GBP | ||||
3 1/3p ordinary | Purchase | 3,000 | 1.8434 GBP | ||||
3 1/3p ordinary | Purchase | 644 | 1.8432 GBP | ||||
3 1/3p ordinary | Purchase | 478 | 1.8440 GBP | ||||
3 1/3p ordinary | Purchase | 166 | 1.8455 GBP | ||||
3 1/3p ordinary | Purchase | 48 | 1.8460 GBP | ||||
3 1/3p ordinary | Purchase | 48 | 1.8459 GBP | ||||
3 1/3p ordinary | Sale | 45,167 | 1.8470 GBP | ||||
3 1/3p ordinary | Sale | 41,249 | 1.8498 GBP | ||||
3 1/3p ordinary | Sale | 40,313 | 1.8421 GBP | ||||
3 1/3p ordinary | Sale | 31,412 | 1.8466 GBP | ||||
3 1/3p ordinary | Sale | 2,524 | 1.8432 GBP | ||||
3 1/3p ordinary | Sale | 2,361 | 1.8435 GBP | ||||
3 1/3p ordinary | Sale | 204 | 1.8450 GBP | ||||
3 1/3p ordinary | Sale | 48 | 1.8460 GBP | ||||
3 1/3p ordinary | Sale | 15 | 1.8464 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 Long | 166 | 1.8455 GBP | |||
3 1/3p ordinary | SWAP | Closing Short | 56 | 1.8460 GBP | |||
3 1/3p ordinary | SWAP | Closing Short | 17,596 | 1.8470 GBP | |||
3 1/3p ordinary | SWAP | Closing Short | 24,385 | 1.8466 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 109 | 1.8441 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 816 | 1.8465 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,124 | 1.8476 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,524 | 1.8432 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,794 | 1.8464 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 39,998 | 1.8498 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 40,313 | 1.8421 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,300 | 1.8531 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,676 | 1.8447 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,386 | 1.8470 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,911 | 1.8434 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 10,451 | 1.8435 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 46,468 | 1.8492 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 626,525 | 1.8449 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: | 18 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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