5th Sep 2025 14:05
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: | 04 Sep 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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| 19,918,876 | 3.43% | 7,399,722 | 1.27% |
(2) | Cash-settled derivatives: |
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| 7,286,562 | 1.25% | 19,842,510 | 3.41% |
(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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| 27,205,438 | 4.68% | 27,242,232 | 4.69% |
(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 | 48,001 | 1.9453 GBP | ||||
3 1/3p ordinary | Purchase | 48,001 | 1.9464 GBP | ||||
3 1/3p ordinary | Purchase | 18,167 | 1.9466 GBP | ||||
3 1/3p ordinary | Purchase | 17,160 | 1.9421 GBP | ||||
3 1/3p ordinary | Purchase | 16,342 | 1.9490 GBP | ||||
3 1/3p ordinary | Purchase | 16,030 | 1.9439 GBP | ||||
3 1/3p ordinary | Purchase | 11,331 | 1.9493 GBP | ||||
3 1/3p ordinary | Purchase | 8,076 | 1.9497 GBP | ||||
3 1/3p ordinary | Purchase | 4,898 | 1.9564 GBP | ||||
3 1/3p ordinary | Purchase | 4,872 | 1.9484 GBP | ||||
3 1/3p ordinary | Purchase | 4,545 | 1.9420 GBP | ||||
3 1/3p ordinary | Purchase | 4,445 | 1.9461 GBP | ||||
3 1/3p ordinary | Purchase | 3,213 | 1.9500 GBP | ||||
3 1/3p ordinary | Purchase | 2,946 | 1.9452 GBP | ||||
3 1/3p ordinary | Purchase | 2,651 | 1.9580 GBP | ||||
3 1/3p ordinary | Purchase | 2,583 | 1.9480 GBP | ||||
3 1/3p ordinary | Purchase | 1,996 | 1.9440 GBP | ||||
3 1/3p ordinary | Purchase | 1,937 | 1.9300 GBP | ||||
3 1/3p ordinary | Purchase | 1,629 | 1.9460 GBP | ||||
3 1/3p ordinary | Purchase | 1,248 | 1.9520 GBP | ||||
3 1/3p ordinary | Purchase | 1,034 | 1.9470 GBP | ||||
3 1/3p ordinary | Purchase | 1,004 | 1.9579 GBP | ||||
3 1/3p ordinary | Purchase | 617 | 1.9340 GBP | ||||
3 1/3p ordinary | Purchase | 548 | 1.9540 GBP | ||||
3 1/3p ordinary | Purchase | 71 | 1.9560 GBP | ||||
3 1/3p ordinary | Purchase | 3 | 1.9600 GBP | ||||
3 1/3p ordinary | Sale | 1,317,623 | 1.9300 GBP | ||||
3 1/3p ordinary | Sale | 112,331 | 1.9566 GBP | ||||
3 1/3p ordinary | Sale | 92,230 | 1.9442 GBP | ||||
3 1/3p ordinary | Sale | 66,158 | 1.9495 GBP | ||||
3 1/3p ordinary | Sale | 47,350 | 1.9458 GBP | ||||
3 1/3p ordinary | Sale | 40,755 | 1.9445 GBP | ||||
3 1/3p ordinary | Sale | 23,430 | 1.9502 GBP | ||||
3 1/3p ordinary | Sale | 21,347 | 1.9461 GBP | ||||
3 1/3p ordinary | Sale | 10,715 | 1.9418 GBP | ||||
3 1/3p ordinary | Sale | 5,058 | 1.9492 GBP | ||||
3 1/3p ordinary | Sale | 4,545 | 1.9420 GBP | ||||
3 1/3p ordinary | Sale | 4,377 | 1.9580 GBP | ||||
3 1/3p ordinary | Sale | 2,538 | 1.9449 GBP | ||||
3 1/3p ordinary | Sale | 2,037 | 1.9500 GBP | ||||
3 1/3p ordinary | Sale | 1,903 | 1.9480 GBP | ||||
3 1/3p ordinary | Sale | 1,860 | 1.9436 GBP | ||||
3 1/3p ordinary | Sale | 1,629 | 1.9460 GBP | ||||
3 1/3p ordinary | Sale | 1,248 | 1.9520 GBP | ||||
3 1/3p ordinary | Sale | 1,127 | 1.9440 GBP | ||||
3 1/3p ordinary | Sale | 617 | 1.9340 GBP | ||||
3 1/3p ordinary | Sale | 548 | 1.9540 GBP | ||||
3 1/3p ordinary | Sale | 145 | 1.9522 GBP | ||||
3 1/3p ordinary | Sale | 71 | 1.9560 GBP | ||||
3 1/3p ordinary | Sale | 3 | 1.9600 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 | 1,315,686 | 1.9300 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 741 | 1.9356 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 10,715 | 1.9418 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,651 | 1.9420 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,860 | 1.9436 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 60,128 | 1.9437 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,054 | 1.9442 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 38,907 | 1.9445 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,363 | 1.9447 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 47,522 | 1.9458 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 21,347 | 1.9461 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,944 | 1.9474 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,058 | 1.9492 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 66,158 | 1.9495 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 11,030 | 1.9498 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,400 | 1.9505 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 401 | 1.9507 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 826 | 1.9550 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 403,683 | 1.9566 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 12,563 | 1.9420 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 12,934 | 1.9421 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 869 | 1.9440 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 48,001 | 1.9453 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,445 | 1.9461 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 48,001 | 1.9465 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 13,985 | 1.9468 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 34,571 | 1.9470 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 680 | 1.9480 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 11,331 | 1.9493 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 8,076 | 1.9497 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,467 | 1.9505 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 354 | 1.9541 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 291,352 | 1.9560 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,898 | 1.9564 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 650 | 1.9600 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: | 05 Sep 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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