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:

13 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:

40,611,192

7.02%

1,182,809

0.20%

(2)

Cash-settled derivatives:

and/or controlled:

728,898

0.13%

39,674,830

6.86%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

41,340,090

7.14%

40,857,639

7.06%

(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

22,468

1.6896 GBP

3 1/3p ordinary

Purchase

17,011

1.6905 GBP

3 1/3p ordinary

Purchase

11,976

1.6915 GBP

3 1/3p ordinary

Purchase

4,074

1.6927 GBP

3 1/3p ordinary

Purchase

2,057

1.6920 GBP

3 1/3p ordinary

Purchase

1,004

1.6870 GBP

3 1/3p ordinary

Purchase

596

1.7030 GBP

3 1/3p ordinary

Purchase

336

1.6908 GBP

3 1/3p ordinary

Purchase

2

1.6883 GBP

3 1/3p ordinary

Sale

2,067,386

1.6870 GBP

3 1/3p ordinary

Sale

96,298

1.6904 GBP

3 1/3p ordinary

Sale

61,682

1.6884 GBP

3 1/3p ordinary

Sale

58,856

1.6978 GBP

3 1/3p ordinary

Sale

58,370

1.6878 GBP

3 1/3p ordinary

Sale

35,375

1.7030 GBP

3 1/3p ordinary

Sale

7,489

1.6871 GBP

3 1/3p ordinary

Sale

5,020

1.6935 GBP

3 1/3p ordinary

Sale

4,813

1.6862 GBP

3 1/3p ordinary

Sale

2,057

1.7029 GBP

3 1/3p ordinary

Sale

2,023

1.6909 GBP

3 1/3p ordinary

Sale

1,662

1.6830 GBP

3 1/3p ordinary

Sale

891

1.7031 GBP

3 1/3p ordinary

Sale

524

1.6932 GBP

3 1/3p ordinary

Sale

79

1.6840 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

1,662

1.6830 GBP

3 1/3p ordinary

SWAP

Decreasing Short

46,700

1.6867 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,058,941

1.6870 GBP

3 1/3p ordinary

SWAP

Decreasing Short

58,370

1.6878 GBP

3 1/3p ordinary

SWAP

Decreasing Short

16,623

1.6892 GBP

3 1/3p ordinary

SWAP

Decreasing Short

39,883

1.6894 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,023

1.6909 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,020

1.6935 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,151

1.7002 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,344

1.7029 GBP

3 1/3p ordinary

SWAP

Decreasing Short

16,364

1.7030 GBP

3 1/3p ordinary

SWAP

Increasing Short

729

1.6878 GBP

3 1/3p ordinary

SWAP

Increasing Short

9,031

1.6879 GBP

3 1/3p ordinary

SWAP

Increasing Short

159

1.6891 GBP

3 1/3p ordinary

SWAP

Increasing Short

12,539

1.6900 GBP

3 1/3p ordinary

SWAP

Increasing Short

737

1.6903 GBP

3 1/3p ordinary

SWAP

Increasing Short

14,441

1.6905 GBP

3 1/3p ordinary

SWAP

Increasing Short

11,976

1.6915 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,057

1.6920 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,074

1.6927 GBP

3 1/3p ordinary

SWAP

Increasing Short

72

1.7030 GBP

3 1/3p ordinary

CFD

Decreasing Short

12,553

1.6880 GBP

3 1/3p ordinary

CFD

Decreasing Short

8,981

1.7030 GBP

3 1/3p ordinary

CFD

Increasing Short

48,930

1.6881 GBP

3 1/3p ordinary

CFD

Increasing Short

2,110

1.6892 GBP

3 1/3p ordinary

CFD

Increasing Short

2

1.6900 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:

14 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213