25th Apr 2025 15:12
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: | 24 Apr 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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| 40,498,100 | 6.97% | 2,374,198 | 0.41% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,495,420 | 0.26% | 40,200,932 | 6.92% |
(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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| 41,993,520 | 7.23% | 42,575,130 | 7.33% |
(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 | 260,286 | 1.8240 GBP | ||||
3 1/3p ordinary | Purchase | 99,265 | 1.8237 GBP | ||||
3 1/3p ordinary | Purchase | 27,333 | 1.8217 GBP | ||||
3 1/3p ordinary | Purchase | 13,205 | 1.8239 GBP | ||||
3 1/3p ordinary | Purchase | 12,982 | 1.8180 GBP | ||||
3 1/3p ordinary | Purchase | 10,890 | 1.8200 GBP | ||||
3 1/3p ordinary | Purchase | 9,965 | 1.8220 GBP | ||||
3 1/3p ordinary | Purchase | 8,781 | 1.8204 GBP | ||||
3 1/3p ordinary | Purchase | 6,755 | 1.8224 GBP | ||||
3 1/3p ordinary | Purchase | 6,684 | 1.8192 GBP | ||||
3 1/3p ordinary | Purchase | 4,053 | 1.8218 GBP | ||||
3 1/3p ordinary | Purchase | 3,750 | 1.8241 GBP | ||||
3 1/3p ordinary | Purchase | 3,687 | 1.8223 GBP | ||||
3 1/3p ordinary | Purchase | 3,436 | 1.8197 GBP | ||||
3 1/3p ordinary | Purchase | 2,846 | 1.8209 GBP | ||||
3 1/3p ordinary | Purchase | 2,574 | 1.8140 GBP | ||||
3 1/3p ordinary | Purchase | 1,807 | 1.8230 GBP | ||||
3 1/3p ordinary | Purchase | 535 | 1.8210 GBP | ||||
3 1/3p ordinary | Sale | 169,588 | 1.8236 GBP | ||||
3 1/3p ordinary | Sale | 12,862 | 1.8213 GBP | ||||
3 1/3p ordinary | Sale | 12,683 | 1.8194 GBP | ||||
3 1/3p ordinary | Sale | 10,372 | 1.8208 GBP | ||||
3 1/3p ordinary | Sale | 5,726 | 1.8200 GBP | ||||
3 1/3p ordinary | Sale | 2,982 | 1.8193 GBP | ||||
3 1/3p ordinary | Sale | 2,604 | 1.8240 GBP | ||||
3 1/3p ordinary | Sale | 1,347 | 1.8220 GBP | ||||
3 1/3p ordinary | Sale | 594 | 1.8210 GBP | ||||
3 1/3p ordinary | Sale | 231 | 1.8182 GBP | ||||
3 1/3p ordinary | Sale | 12 | 1.8083 GBP | ||||
3 1/3p ordinary | Sale | 5 | 1.8230 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 | Decreasing Short | 12 | 1.8079 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 452 | 1.8139 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,098 | 1.8189 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,683 | 1.8194 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,772 | 1.8208 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,862 | 1.8213 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,857 | 1.8219 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 34,718 | 1.8240 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3 | 1.8080 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,434 | 1.8180 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 8,781 | 1.8204 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 9,352 | 1.8216 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 27,333 | 1.8217 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 15,962 | 1.8219 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 296 | 1.8224 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 99,265 | 1.8237 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 137,561 | 1.8240 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,750 | 1.8241 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 6,090 | 1.8200 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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(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: | 25 Apr 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSpirent