21st Aug 2025 14:00
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 |
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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: | 20 Aug 2025 | |||||
(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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| 21,194,053 | 3.65% | 2,491,121 | 0.43% |
(2) | Cash-settled derivatives: |
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| 2,397,632 | 0.41% | 21,041,861 | 3.62% |
(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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| 23,591,685 | 4.06% | 23,532,982 | 4.05% |
(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 PERSON MAKING THE DISCLOSURE | ||||||
(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 | 337,104 | 1.9532 GBP | ||||
3 1/3p ordinary | Purchase | 130,660 | 1.9560 GBP | ||||
3 1/3p ordinary | Purchase | 106,090 | 1.9600 GBP | ||||
3 1/3p ordinary | Purchase | 7,545 | 1.9570 GBP | ||||
3 1/3p ordinary | Purchase | 1,382 | 1.9590 GBP | ||||
3 1/3p ordinary | Purchase | 893 | 1.9660 GBP | ||||
3 1/3p ordinary | Sale | 2,756,312 | 1.9600 GBP | ||||
3 1/3p ordinary | Sale | 337,104 | 1.9532 GBP | ||||
3 1/3p ordinary | Sale | 140,000 | 1.9510 GBP | ||||
3 1/3p ordinary | Sale | 131,706 | 1.9560 GBP | ||||
3 1/3p ordinary | Sale | 105,842 | 1.9574 GBP | ||||
3 1/3p ordinary | Sale | 92,265 | 1.9640 GBP | ||||
3 1/3p ordinary | Sale | 69,019 | 1.9598 GBP | ||||
3 1/3p ordinary | Sale | 49,465 | 1.9579 GBP | ||||
3 1/3p ordinary | Sale | 35,990 | 1.9558 GBP | ||||
3 1/3p ordinary | Sale | 28,410 | 1.9565 GBP | ||||
3 1/3p ordinary | Sale | 23,944 | 1.9556 GBP | ||||
3 1/3p ordinary | Sale | 19,837 | 1.9592 GBP | ||||
3 1/3p ordinary | Sale | 19,290 | 1.9597 GBP | ||||
3 1/3p ordinary | Sale | 18,111 | 1.9566 GBP | ||||
3 1/3p ordinary | Sale | 13,262 | 1.9577 GBP | ||||
3 1/3p ordinary | Sale | 9,936 | 1.9571 GBP | ||||
3 1/3p ordinary | Sale | 8,013 | 1.9594 GBP | ||||
3 1/3p ordinary | Sale | 7,153 | 1.9559 GBP | ||||
3 1/3p ordinary | Sale | 2,732 | 1.9599 GBP | ||||
3 1/3p ordinary | Sale | 809 | 1.9563 GBP | ||||
3 1/3p ordinary | Sale | 808 | 1.9630 GBP | ||||
3 1/3p ordinary | Sale | 753 | 1.9610 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 |
| reference | unit | |||
security |
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3 1/3p ordinary | SWAP | Decreasing Short | 4,812 | 1.9557 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 140,000 | 1.9510 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 23,944 | 1.9556 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 35,990 | 1.9558 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,341 | 1.9559 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 65,817 | 1.9560 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 809 | 1.9563 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 18,111 | 1.9566 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 9,936 | 1.9571 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 507 | 1.9572 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,187 | 1.9573 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,252 | 1.9583 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,722 | 1.9595 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 69,019 | 1.9598 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 283,702 | 1.9599 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,756,863 | 1.9600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 230 | 1.9570 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,017 | 1.9577 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 156 | 1.9586 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,226 | 1.9591 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 100,547 | 1.9600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 145 | 1.9601 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 893 | 1.9660 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 7,768 | 1.9566 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 32,074 | 1.9590 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) | Exercise |
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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: | 21 Aug 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSpirent