16th Aug 2024 14:56
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: | 15 Aug 2024 | |||||
(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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| 24,702,939 | 4.27% | 1,028,439 | 0.18% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 521,517 | 0.09% | 23,783,078 | 4.11% |
(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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| 25,224,456 | 4.36% | 24,811,517 | 4.29% |
(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 | 221,776 | 1.7539 GBP | ||||
3 1/3p ordinary | Purchase | 128,319 | 1.7503 GBP | ||||
3 1/3p ordinary | Purchase | 107,054 | 1.7509 GBP | ||||
3 1/3p ordinary | Purchase | 88,448 | 1.7495 GBP | ||||
3 1/3p ordinary | Purchase | 62,472 | 1.7533 GBP | ||||
3 1/3p ordinary | Purchase | 62,373 | 1.7600 GBP | ||||
3 1/3p ordinary | Purchase | 56,556 | 1.7599 GBP | ||||
3 1/3p ordinary | Purchase | 43,206 | 1.7515 GBP | ||||
3 1/3p ordinary | Purchase | 30,253 | 1.7562 GBP | ||||
3 1/3p ordinary | Purchase | 23,120 | 1.7535 GBP | ||||
3 1/3p ordinary | Purchase | 15,077 | 1.7497 GBP | ||||
3 1/3p ordinary | Purchase | 12,483 | 1.7498 GBP | ||||
3 1/3p ordinary | Purchase | 12,108 | 1.7500 GBP | ||||
3 1/3p ordinary | Purchase | 10,854 | 1.7490 GBP | ||||
3 1/3p ordinary | Purchase | 9,581 | 1.7551 GBP | ||||
3 1/3p ordinary | Purchase | 9,425 | 1.7537 GBP | ||||
3 1/3p ordinary | Purchase | 6,447 | 1.7506 GBP | ||||
3 1/3p ordinary | Purchase | 6,420 | 1.7561 GBP | ||||
3 1/3p ordinary | Purchase | 5,738 | 1.7547 GBP | ||||
3 1/3p ordinary | Purchase | 2,659 | 1.7511 GBP | ||||
3 1/3p ordinary | Purchase | 1,686 | 1.7523 GBP | ||||
3 1/3p ordinary | Purchase | 1,450 | 1.7470 GBP | ||||
3 1/3p ordinary | Purchase | 60 | 1.7451 GBP | ||||
3 1/3p ordinary | Sale | 156,965 | 1.7495 GBP | ||||
3 1/3p ordinary | Sale | 122,624 | 1.7550 GBP | ||||
3 1/3p ordinary | Sale | 80,269 | 1.7600 GBP | ||||
3 1/3p ordinary | Sale | 17,753 | 1.7565 GBP | ||||
3 1/3p ordinary | Sale | 15,515 | 1.7520 GBP | ||||
3 1/3p ordinary | Sale | 12,500 | 1.7560 GBP | ||||
3 1/3p ordinary | Sale | 8,399 | 1.7501 GBP | ||||
3 1/3p ordinary | Sale | 8,009 | 1.7561 GBP | ||||
3 1/3p ordinary | Sale | 1,572 | 1.7500 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 | Increasing Short | 131,322 | 1.7517 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 28,937 | 1.7600 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 13,854 | 1.7524 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 61,039 | 1.7600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 12,978 | 1.7505 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 7,696 | 1.7498 GBP | |||
3 1/3p ordinary | SWAP | Opening Long | 6,928 | 1.7520 GBP | |||
3 1/3p ordinary | SWAP | Increasing Long | 48,982 | 1.7600 GBP | |||
3 1/3p ordinary | SWAP | Closing Long | 52,701 | 1.7564 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 312 | 1.7588 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 942 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 23,120 | 1.7535 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 932 | 1.7601 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 128,319 | 1.7503 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 13,444 | 1.7600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 41,338 | 1.7515 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,344 | 1.7491 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,308 | 1.7528 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,447 | 1.7506 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 31,756 | 1.7509 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 35,138 | 1.7569 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 11,061 | 1.7600 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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| 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: | 16 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSpirent