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:

13 Sep 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:

34,335,029

5.93%

842,084

0.15%

(2)

Cash-settled derivatives:

and/or controlled:

487,471

0.08%

33,565,724

5.80%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

34,822,500

6.02%

34,407,808

5.95%

(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

500,928

1.7328 GBP

3 1/3p ordinary

Purchase

300,000

1.7238 GBP

3 1/3p ordinary

Purchase

96,976

1.7400 GBP

3 1/3p ordinary

Purchase

43,006

1.7391 GBP

3 1/3p ordinary

Purchase

17,981

1.7363 GBP

3 1/3p ordinary

Purchase

8,261

1.7398 GBP

3 1/3p ordinary

Purchase

8,142

1.7366 GBP

3 1/3p ordinary

Purchase

7,718

1.7370 GBP

3 1/3p ordinary

Purchase

2,752

1.7399 GBP

3 1/3p ordinary

Purchase

2,639

1.7355 GBP

3 1/3p ordinary

Purchase

2,384

1.7352 GBP

3 1/3p ordinary

Purchase

2,304

1.7379 GBP

3 1/3p ordinary

Purchase

1,763

1.7372 GBP

3 1/3p ordinary

Purchase

1,199

1.7330 GBP

3 1/3p ordinary

Purchase

171

1.7334 GBP

3 1/3p ordinary

Sale

127,201

1.7398 GBP

3 1/3p ordinary

Sale

838

1.7360 GBP

3 1/3p ordinary

Sale

64

1.7328 GBP

3 1/3p ordinary

Sale

1

1.7370 GBP

3 1/3p ordinary

Sale

1

1.7340 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

Increasing Short

4,799

1.7384 GBP

3 1/3p ordinary

SWAP

Decreasing Short

6,837

1.7360 GBP

3 1/3p ordinary

SWAP

Decreasing Short

118,384

1.7400 GBP

3 1/3p ordinary

SWAP

Increasing Short

233,000

1.7293 GBP

3 1/3p ordinary

SWAP

Increasing Short

567,000

1.7295 GBP

3 1/3p ordinary

SWAP

Increasing Short

928

1.7328 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,384

1.7352 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,636

1.7354 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,225

1.7356 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,025

1.7359 GBP

3 1/3p ordinary

SWAP

Increasing Short

136

1.7361 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,693

1.7363 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,142

1.7366 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,718

1.7370 GBP

3 1/3p ordinary

SWAP

Increasing Short

876

1.7371 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,070

1.7377 GBP

3 1/3p ordinary

SWAP

Increasing Short

43,006

1.7391 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,261

1.7398 GBP

3 1/3p ordinary

SWAP

Increasing Short

95,040

1.7400 GBP

3 1/3p ordinary

CFD

Increasing Short

2,109

1.7300 GBP

3 1/3p ordinary

CFD

Increasing Short

2,084

1.7350 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:

16 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213