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:

08 May 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:

15,341,432

2.65%

5,897,861

1.02%

(2)

Cash-settled derivatives:

and/or controlled:

2,206,702

0.38%

14,982,072

2.59%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,548,134

3.03%

20,879,933

3.61%

(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

291,556

1.9103 GBP

3 1/3p ordinary

Purchase

263,405

1.9100 GBP

3 1/3p ordinary

Purchase

84,386

1.9149 GBP

3 1/3p ordinary

Purchase

25,181

1.9194 GBP

3 1/3p ordinary

Purchase

17,862

1.9160 GBP

3 1/3p ordinary

Purchase

17,729

1.9135 GBP

3 1/3p ordinary

Purchase

12,571

1.9170 GBP

3 1/3p ordinary

Purchase

10,719

1.9169 GBP

3 1/3p ordinary

Purchase

10,250

1.9161 GBP

3 1/3p ordinary

Purchase

9,337

1.9204 GBP

3 1/3p ordinary

Purchase

9,173

1.9099 GBP

3 1/3p ordinary

Purchase

8,514

1.9163 GBP

3 1/3p ordinary

Purchase

4,786

1.9157 GBP

3 1/3p ordinary

Purchase

4,192

1.9147 GBP

3 1/3p ordinary

Purchase

3,768

1.9183 GBP

3 1/3p ordinary

Purchase

3,760

1.9218 GBP

3 1/3p ordinary

Purchase

3,663

1.9115 GBP

3 1/3p ordinary

Purchase

2,906

1.9165 GBP

3 1/3p ordinary

Purchase

2,901

1.9126 GBP

3 1/3p ordinary

Purchase

2,833

1.9162 GBP

3 1/3p ordinary

Purchase

2,720

1.9150 GBP

3 1/3p ordinary

Purchase

2,498

1.9155 GBP

3 1/3p ordinary

Purchase

951

1.9130 GBP

3 1/3p ordinary

Purchase

542

1.9110 GBP

3 1/3p ordinary

Sale

702,414

1.9190 GBP

3 1/3p ordinary

Sale

286,790

1.9107 GBP

3 1/3p ordinary

Sale

69,681

1.9252 GBP

3 1/3p ordinary

Sale

35,078

1.9143 GBP

3 1/3p ordinary

Sale

26,989

1.9100 GBP

3 1/3p ordinary

Sale

23,946

1.9141 GBP

3 1/3p ordinary

Sale

9,428

1.9164 GBP

3 1/3p ordinary

Sale

9,164

1.9160 GBP

3 1/3p ordinary

Sale

7,624

1.9157 GBP

3 1/3p ordinary

Sale

6,734

1.9153 GBP

3 1/3p ordinary

Sale

6,326

1.9128 GBP

3 1/3p ordinary

Sale

5,188

1.9150 GBP

3 1/3p ordinary

Sale

4,192

1.9149 GBP

3 1/3p ordinary

Sale

3,068

1.9155 GBP

3 1/3p ordinary

Sale

2,901

1.9158 GBP

3 1/3p ordinary

Sale

2,888

1.9172 GBP

3 1/3p ordinary

Sale

2,151

1.9154 GBP

3 1/3p ordinary

Sale

1,898

1.9148 GBP

3 1/3p ordinary

Sale

1,559

1.9130 GBP

3 1/3p ordinary

Sale

1,058

1.9132 GBP

3 1/3p ordinary

Sale

542

1.9110 GBP

3 1/3p ordinary

Sale

311

1.9170 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

Closing Short

79,503

1.9154 GBP

3 1/3p ordinary

SWAP

Decreasing Long

1,618

1.9126 GBP

3 1/3p ordinary

SWAP

Decreasing Long

3,925

1.9153 GBP

3 1/3p ordinary

SWAP

Decreasing Long

8,514

1.9163 GBP

3 1/3p ordinary

SWAP

Decreasing Long

9,963

1.9100 GBP

3 1/3p ordinary

SWAP

Decreasing Short

45

1.9350 GBP

3 1/3p ordinary

SWAP

Decreasing Short

300

1.9206 GBP

3 1/3p ordinary

SWAP

Decreasing Short

311

1.9170 GBP

3 1/3p ordinary

SWAP

Decreasing Short

449

1.9137 GBP

3 1/3p ordinary

SWAP

Decreasing Short

608

1.9130 GBP

3 1/3p ordinary

SWAP

Decreasing Short

732

1.9129 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000

1.9148 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000

1.9103 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,076

1.9127 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,464

1.9126 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,684

1.9148 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,320

1.9173 GBP

3 1/3p ordinary

CFD

Decreasing Short

3,333

1.9147 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,350

1.9110 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,102

1.9177 GBP

3 1/3p ordinary

CFD

Decreasing Short

12,454

1.9183 GBP

3 1/3p ordinary

SWAP

Decreasing Short

23,946

1.9141 GBP

3 1/3p ordinary

SWAP

Decreasing Short

69,681

1.9252 GBP

3 1/3p ordinary

SWAP

Decreasing Short

700,000

1.9190 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,283

1.9126 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,747

1.9157 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,833

1.9162 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,660

1.9115 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,760

1.9218 GBP

3 1/3p ordinary

CFD

Increasing Short

46,351

1.9192 GBP

3 1/3p ordinary

CFD

Increasing Short

75,225

1.9150 GBP

3 1/3p ordinary

SWAP

Increasing Short

104,092

1.9107 GBP

3 1/3p ordinary

SWAP

Increasing Short

208,239

1.9113 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:

09 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213