6th Aug 2024 15:24
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 05 Aug 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO |
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| disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 3 1/3p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 21,765,838 | 3.76% | 927,138 | 0.16% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 521,517 | 0.09% | 20,837,864 | 3.60% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 22,287,355 | 3.85% | 21,765,002 | 3.76% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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3 1/3p ordinary | Purchase | 61,750 | 1.7068 GBP | ||||
3 1/3p ordinary | Purchase | 47,524 | 1.7063 GBP | ||||
3 1/3p ordinary | Purchase | 44,151 | 1.6996 GBP | ||||
3 1/3p ordinary | Purchase | 43,651 | 1.7092 GBP | ||||
3 1/3p ordinary | Purchase | 41,567 | 1.7019 GBP | ||||
3 1/3p ordinary | Purchase | 10,819 | 1.7020 GBP | ||||
3 1/3p ordinary | Purchase | 8,731 | 1.7044 GBP | ||||
3 1/3p ordinary | Purchase | 6,528 | 1.7040 GBP | ||||
3 1/3p ordinary | Purchase | 5,227 | 1.7113 GBP | ||||
3 1/3p ordinary | Purchase | 3,487 | 1.7024 GBP | ||||
3 1/3p ordinary | Purchase | 3,402 | 1.7000 GBP | ||||
3 1/3p ordinary | Purchase | 3,259 | 1.7080 GBP | ||||
3 1/3p ordinary | Purchase | 1,469 | 1.7101 GBP | ||||
3 1/3p ordinary | Sale | 180,566 | 1.7078 GBP | ||||
3 1/3p ordinary | Sale | 35,403 | 1.7031 GBP | ||||
3 1/3p ordinary | Sale | 34,820 | 1.6943 GBP | ||||
3 1/3p ordinary | Sale | 20,105 | 1.7100 GBP | ||||
3 1/3p ordinary | Sale | 14,598 | 1.7049 GBP | ||||
3 1/3p ordinary | Sale | 11,016 | 1.7039 GBP | ||||
3 1/3p ordinary | Sale | 3,487 | 1.7025 GBP | ||||
3 1/3p ordinary | Sale | 3,419 | 1.7010 GBP | ||||
3 1/3p ordinary | Sale | 2,100 | 1.6965 GBP | ||||
3 1/3p ordinary | Sale | 210 | 1.7047 GBP | ||||
3 1/3p ordinary | Sale | 113 | 1.6988 GBP | ||||
3 1/3p ordinary | Sale | 110 | 1.6980 GBP | ||||
3 1/3p ordinary | Sale | 102 | 1.6996 GBP | ||||
3 1/3p ordinary | Sale | 61 | 1.7015 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
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security |
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3 1/3p ordinary | SWAP | Opening Short | 8,284 | 1.7027 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 24,884 | 1.7000 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,004 | 1.7028 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 9,931 | 1.7032 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 210 | 1.7047 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 27,287 | 1.7065 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 12,133 | 1.7025 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 174 | 1.6996 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,727 | 1.7071 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 29,230 | 1.7086 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 112 | 1.7059 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,100 | 1.6965 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 8,731 | 1.7044 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,469 | 1.7101 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 35,403 | 1.7031 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 69,867 | 1.7100 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,227 | 1.7113 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 14,598 | 1.7049 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 45 | 1.7020 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,941 | 1.7017 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,104 | 1.7037 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Long | 41,567 | 1.7019 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Long | 61,750 | 1.7068 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 11,016 | 1.7039 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 49,501 | 1.7100 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,265 | 1.7040 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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| securities | unit | |||
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 06 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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