23rd Jul 2024 15:30
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): |
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(c) | Name of offeror/offeree in relation to whose relevant securities this form relates: | SPIRENT COMMUNICATIONS PLC | |||||
(d) | If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) | Date position held/dealing undertaken: | 22 Jul 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | NO | |||||
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: | 21,289,802 | 3.68% | 775,808 | 0.13% | |||
(2) Cash-settled derivatives: | 432,562 | 0.07% | 20,851,540 | 3.60% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 21,722,364 | 3.75% | 21,627,348 | 3.74% | |||
(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 PERSON MAKING THE DISCLOSURE | ||||||
(a) | Purchase and sales | ||||||
Class of relevant security | Purchase/sale | Number of securities | Price per unit | ||||
3 1/3p ordinary | Purchase | 127,608 | 1.7484 GBP | ||||
3 1/3p ordinary | Purchase | 73,688 | 1.7447 GBP | ||||
3 1/3p ordinary | Purchase | 42,830 | 1.7452 GBP | ||||
3 1/3p ordinary | Purchase | 28,571 | 1.7429 GBP | ||||
3 1/3p ordinary | Purchase | 22,383 | 1.7422 GBP | ||||
3 1/3p ordinary | Purchase | 21,218 | 1.7456 GBP | ||||
3 1/3p ordinary | Purchase | 21,008 | 1.7408 GBP | ||||
3 1/3p ordinary | Purchase | 17,034 | 1.7430 GBP | ||||
3 1/3p ordinary | Purchase | 15,000 | 1.7590 GBP | ||||
3 1/3p ordinary | Purchase | 12,006 | 1.7392 GBP | ||||
3 1/3p ordinary | Purchase | 7,000 | 1.7580 GBP | ||||
3 1/3p ordinary | Purchase | 5,551 | 1.7588 GBP | ||||
3 1/3p ordinary | Purchase | 3,571 | 1.7421 GBP | ||||
3 1/3p ordinary | Purchase | 2,945 | 1.7438 GBP | ||||
3 1/3p ordinary | Purchase | 1,663 | 1.7410 GBP | ||||
3 1/3p ordinary | Purchase | 1,000 | 1.7170 GBP | ||||
3 1/3p ordinary | Sale | 2,200,000 | 1.7450 GBP | ||||
3 1/3p ordinary | Sale | 127,608 | 1.7484 GBP | ||||
3 1/3p ordinary | Sale | 112,981 | 1.7430 GBP | ||||
3 1/3p ordinary | Sale | 54,074 | 1.7407 GBP | ||||
3 1/3p ordinary | Sale | 53,700 | 1.7337 GBP | ||||
3 1/3p ordinary | Sale | 12,254 | 1.7401 GBP | ||||
3 1/3p ordinary | Sale | 9,094 | 1.7520 GBP | ||||
3 1/3p ordinary | Sale | 5,779 | 1.7424 GBP | ||||
3 1/3p ordinary | Sale | 5,551 | 1.7590 GBP | ||||
3 1/3p ordinary | Sale | 5,444 | 1.7374 GBP | ||||
3 1/3p ordinary | Sale | 3,989 | 1.7359 GBP | ||||
3 1/3p ordinary | Sale | 3,871 | 1.7414 GBP | ||||
3 1/3p ordinary | Sale | 3,332 | 1.7315 GBP | ||||
3 1/3p ordinary | Sale | 3,316 | 1.7410 GBP | ||||
3 1/3p ordinary | Sale | 1,663 | 1.7411 GBP | ||||
3 1/3p ordinary | Sale | 1,000 | 1.7170 GBP | ||||
3 1/3p ordinary | Sale | 15 | 1.7330 GBP | ||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
3 1/3p ordinary | SWAP | Opening Short | 7,283 | 1.7410 GBP | |||
3 1/3p ordinary | SWAP | Increasing Long | 19,114 | 1.7358 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Long | 7,016 | 1.7540 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 34,068 | 1.7430 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 17,034 | 1.7429 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 16,818 | 1.7438 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 4,444 | 1.7458 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 200 | 1.7429 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 15,758 | 1.7455 GBP | |||
3 1/3p ordinary | SWAP | Opening Long | 34,775 | 1.7434 GBP | |||
3 1/3p ordinary | SWAP | Opening Short | 14,074 | 1.7410 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 37,528 | 1.7422 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 660,000 | 1.7450 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 9,094 | 1.7520 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 20,059 | 1.7398 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,152 | 1.7430 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 42,830 | 1.7452 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,871 | 1.7414 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 22,383 | 1.7422 GBP | |||
3 1/3p ordinary | SWAP | Closing Long | 22,000 | 1.7588 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,249 | 1.7455 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 445 | 1.7530 GBP | |||
3 1/3p ordinary | SWAP | Increasing Long | 53,700 | 1.7337 GBP | |||
3 1/3p ordinary | SWAP | Increasing Long | 46,928 | 1.7405 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,540,000 | 1.7450 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 12,188 | 1.7420 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,732 | 1.7430 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 21,218 | 1.7456 GBP | |||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if 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 person 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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 23 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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