6th Feb 2025 15:16
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: | 05 Feb 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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| 44,781,741 | 7.74% | 778,531 | 0.13% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 459,572 | 0.08% | 44,344,259 | 7.66% |
(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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| 45,241,313 | 7.82% | 45,122,790 | 7.80% |
(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 | 198,266 | 1.8591 GBP | ||||
3 1/3p ordinary | Purchase | 57,308 | 1.8507 GBP | ||||
3 1/3p ordinary | Purchase | 36,356 | 1.8494 GBP | ||||
3 1/3p ordinary | Purchase | 31,348 | 1.8583 GBP | ||||
3 1/3p ordinary | Purchase | 30,657 | 1.8506 GBP | ||||
3 1/3p ordinary | Purchase | 16,745 | 1.8600 GBP | ||||
3 1/3p ordinary | Purchase | 10,326 | 1.8496 GBP | ||||
3 1/3p ordinary | Purchase | 8,397 | 1.8602 GBP | ||||
3 1/3p ordinary | Purchase | 5,932 | 1.8515 GBP | ||||
3 1/3p ordinary | Purchase | 5,464 | 1.8546 GBP | ||||
3 1/3p ordinary | Purchase | 3,649 | 1.8513 GBP | ||||
3 1/3p ordinary | Purchase | 2,856 | 1.8558 GBP | ||||
3 1/3p ordinary | Purchase | 2,470 | 1.8531 GBP | ||||
3 1/3p ordinary | Purchase | 1,871 | 1.8492 GBP | ||||
3 1/3p ordinary | Purchase | 1,516 | 1.8521 GBP | ||||
3 1/3p ordinary | Purchase | 1,210 | 1.8530 GBP | ||||
3 1/3p ordinary | Purchase | 1,170 | 1.8598 GBP | ||||
3 1/3p ordinary | Purchase | 1,052 | 1.8485 GBP | ||||
3 1/3p ordinary | Purchase | 975 | 1.8508 GBP | ||||
3 1/3p ordinary | Purchase | 806 | 1.8545 GBP | ||||
3 1/3p ordinary | Purchase | 780 | 1.8490 GBP | ||||
3 1/3p ordinary | Purchase | 762 | 1.8518 GBP | ||||
3 1/3p ordinary | Purchase | 679 | 1.8495 GBP | ||||
3 1/3p ordinary | Purchase | 429 | 1.8480 GBP | ||||
3 1/3p ordinary | Purchase | 396 | 1.8450 GBP | ||||
3 1/3p ordinary | Purchase | 396 | 1.8448 GBP | ||||
3 1/3p ordinary | Purchase | 329 | 1.8520 GBP | ||||
3 1/3p ordinary | Sale | 133,138 | 1.8600 GBP | ||||
3 1/3p ordinary | Sale | 121,044 | 1.8587 GBP | ||||
3 1/3p ordinary | Sale | 29,843 | 1.8506 GBP | ||||
3 1/3p ordinary | Sale | 23,633 | 1.8597 GBP | ||||
3 1/3p ordinary | Sale | 11,509 | 1.8514 GBP | ||||
3 1/3p ordinary | Sale | 7,786 | 1.8493 GBP | ||||
3 1/3p ordinary | Sale | 6,768 | 1.8519 GBP | ||||
3 1/3p ordinary | Sale | 4,327 | 1.8490 GBP | ||||
3 1/3p ordinary | Sale | 3,367 | 1.8527 GBP | ||||
3 1/3p ordinary | Sale | 3,029 | 1.8522 GBP | ||||
3 1/3p ordinary | Sale | 832 | 1.8479 GBP | ||||
3 1/3p ordinary | Sale | 823 | 1.8495 GBP | ||||
3 1/3p ordinary | Sale | 780 | 1.8491 GBP | ||||
3 1/3p ordinary | Sale | 685 | 1.8500 GBP | ||||
3 1/3p ordinary | Sale | 396 | 1.8450 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 | Decreasing Short | 7,786 | 1.8493 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 100 | 1.8499 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 130 | 1.8505 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,367 | 1.8527 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 74,856 | 1.8556 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 89,728 | 1.8561 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 84 | 1.8600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,898 | 1.8442 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 496 | 1.8453 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,024 | 1.8493 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 36,356 | 1.8494 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 10,326 | 1.8496 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,109 | 1.8501 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,325 | 1.8505 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 34,943 | 1.8506 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 57,932 | 1.8507 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,516 | 1.8521 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,220 | 1.8527 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,470 | 1.8531 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3 | 1.8550 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,402 | 1.8571 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 25,946 | 1.8586 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 50,634 | 1.8600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 8,397 | 1.8602 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 23,184 | 1.8598 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 734 | 1.8461 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 4,976 | 1.8526 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 9,274 | 1.8535 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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(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: | 06 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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