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Form 8.3 SPIRENT COMMUNICATIONS PLC

10th Apr 2025 15:01

RNS Number : 5630E
Barclays PLC
10 April 2025
 

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:

09 Apr 2025

(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:

 

 

42,603,026

7.33%

2,455,422

0.42%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

1,543,757

0.27%

42,306,403

7.28%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

44,146,783

7.60%

44,761,825

7.70%

(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

109,738

1.7380 GBP

3 1/3p ordinary

Purchase

109,562

1.6999 GBP

3 1/3p ordinary

Purchase

91,173

1.6867 GBP

3 1/3p ordinary

Purchase

69,848

1.7399 GBP

3 1/3p ordinary

Purchase

45,960

1.7358 GBP

3 1/3p ordinary

Purchase

32,351

1.6700 GBP

3 1/3p ordinary

Purchase

27,850

1.7112 GBP

3 1/3p ordinary

Purchase

21,663

1.7460 GBP

3 1/3p ordinary

Purchase

9,270

1.7462 GBP

3 1/3p ordinary

Purchase

8,600

1.7374 GBP

3 1/3p ordinary

Purchase

6,256

1.7075 GBP

3 1/3p ordinary

Purchase

5,937

1.7554 GBP

3 1/3p ordinary

Purchase

4,800

1.6830 GBP

3 1/3p ordinary

Purchase

3,836

1.7454 GBP

3 1/3p ordinary

Purchase

2,741

1.7250 GBP

3 1/3p ordinary

Purchase

2,731

1.7313 GBP

3 1/3p ordinary

Purchase

2,597

1.7500 GBP

3 1/3p ordinary

Purchase

2,400

1.7450 GBP

3 1/3p ordinary

Purchase

2,242

1.7408 GBP

3 1/3p ordinary

Purchase

1,873

1.7440 GBP

3 1/3p ordinary

Purchase

1,740

1.7256 GBP

3 1/3p ordinary

Purchase

1,166

1.7470 GBP

3 1/3p ordinary

Purchase

1,142

1.7468 GBP

3 1/3p ordinary

Purchase

1,094

1.7499 GBP

3 1/3p ordinary

Purchase

705

1.6920 GBP

3 1/3p ordinary

Purchase

684

1.7433 GBP

3 1/3p ordinary

Purchase

92

1.7160 GBP

3 1/3p ordinary

Sale

228,299

1.7332 GBP

3 1/3p ordinary

Sale

120,000

1.6691 GBP

3 1/3p ordinary

Sale

100,000

1.7441 GBP

3 1/3p ordinary

Sale

91,173

1.6867 GBP

3 1/3p ordinary

Sale

84,377

1.7091 GBP

3 1/3p ordinary

Sale

74,980

1.7103 GBP

3 1/3p ordinary

Sale

43,363

1.7078 GBP

3 1/3p ordinary

Sale

36,800

1.7464 GBP

3 1/3p ordinary

Sale

32,351

1.6700 GBP

3 1/3p ordinary

Sale

32,223

1.7285 GBP

3 1/3p ordinary

Sale

29,634

1.7447 GBP

3 1/3p ordinary

Sale

13,076

1.7205 GBP

3 1/3p ordinary

Sale

11,275

1.7187 GBP

3 1/3p ordinary

Sale

10,569

1.7358 GBP

3 1/3p ordinary

Sale

9,278

1.7395 GBP

3 1/3p ordinary

Sale

8,807

1.7312 GBP

3 1/3p ordinary

Sale

8,555

1.6753 GBP

3 1/3p ordinary

Sale

7,629

1.6781 GBP

3 1/3p ordinary

Sale

5,633

1.7379 GBP

3 1/3p ordinary

Sale

5,567

1.7015 GBP

3 1/3p ordinary

Sale

5,498

1.7380 GBP

3 1/3p ordinary

Sale

4,470

1.7476 GBP

3 1/3p ordinary

Sale

3,682

1.7352 GBP

3 1/3p ordinary

Sale

2,746

1.6732 GBP

3 1/3p ordinary

Sale

2,490

1.6823 GBP

3 1/3p ordinary

Sale

1,466

1.7469 GBP

3 1/3p ordinary

Sale

1,166

1.7470 GBP

3 1/3p ordinary

Sale

1,094

1.7500 GBP

3 1/3p ordinary

Sale

893

1.6780 GBP

3 1/3p ordinary

Sale

748

1.7460 GBP

3 1/3p ordinary

Sale

705

1.6920 GBP

3 1/3p ordinary

Sale

281

1.7440 GBP

3 1/3p ordinary

Sale

92

1.7160 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

Decreasing Short

120,000

1.6691 GBP

3 1/3p ordinary

SWAP

Decreasing Short

22,313

1.6767 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,567

1.7015 GBP

3 1/3p ordinary

SWAP

Decreasing Short

43,363

1.7078 GBP

3 1/3p ordinary

SWAP

Decreasing Short

84,377

1.7091 GBP

3 1/3p ordinary

SWAP

Decreasing Short

74,980

1.7103 GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,275

1.7187 GBP

3 1/3p ordinary

SWAP

Decreasing Short

15,998

1.7251 GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,671

1.7286 GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,569

1.7358 GBP

3 1/3p ordinary

SWAP

Decreasing Short

566

1.7378 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,870

1.7379 GBP

3 1/3p ordinary

SWAP

Decreasing Short

95,173

1.7380 GBP

3 1/3p ordinary

SWAP

Decreasing Short

100,000

1.7441 GBP

3 1/3p ordinary

SWAP

Decreasing Short

29,634

1.7447 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,466

1.7469 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,557

1.7486 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,800

1.6830 GBP

3 1/3p ordinary

SWAP

Increasing Short

109,562

1.6999 GBP

3 1/3p ordinary

SWAP

Increasing Short

6,256

1.7075 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,731

1.7313 GBP

3 1/3p ordinary

SWAP

Increasing Short

13,963

1.7327 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,600

1.7374 GBP

3 1/3p ordinary

SWAP

Increasing Short

68,961

1.7380 GBP

3 1/3p ordinary

SWAP

Increasing Short

69,848

1.7399 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,836

1.7454 GBP

3 1/3p ordinary

SWAP

Increasing Short

826

1.7471 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,937

1.7554 GBP

3 1/3p ordinary

CFD

Decreasing Short

75,275

1.7319 GBP

3 1/3p ordinary

CFD

Decreasing Short

33,968

1.7326 GBP

3 1/3p ordinary

CFD

Decreasing Short

6,931

1.7353 GBP

3 1/3p ordinary

CFD

Increasing Short

21,259

1.7311 GBP

3 1/3p ordinary

CFD

Increasing Short

34

1.7441 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:

10 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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