2nd Apr 2025 15:08
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: | 01 Apr 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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| 42,961,476 | 7.39% | 1,488,984 | 0.26% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 577,382 | 0.10% | 42,700,637 | 7.35% |
(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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| 43,538,858 | 7.49% | 44,189,621 | 7.60% |
(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 | 283,324 | 1.8814 GBP | ||||
3 1/3p ordinary | Purchase | 67,842 | 1.8836 GBP | ||||
3 1/3p ordinary | Purchase | 31,085 | 1.8831 GBP | ||||
3 1/3p ordinary | Purchase | 24,966 | 1.8826 GBP | ||||
3 1/3p ordinary | Purchase | 22,487 | 1.8821 GBP | ||||
3 1/3p ordinary | Purchase | 19,883 | 1.8802 GBP | ||||
3 1/3p ordinary | Purchase | 10,048 | 1.8806 GBP | ||||
3 1/3p ordinary | Purchase | 9,090 | 1.8811 GBP | ||||
3 1/3p ordinary | Purchase | 8,261 | 1.8840 GBP | ||||
3 1/3p ordinary | Purchase | 6,771 | 1.8838 GBP | ||||
3 1/3p ordinary | Purchase | 6,523 | 1.8817 GBP | ||||
3 1/3p ordinary | Purchase | 5,315 | 1.8823 GBP | ||||
3 1/3p ordinary | Purchase | 2,734 | 1.8824 GBP | ||||
3 1/3p ordinary | Purchase | 2,203 | 1.8813 GBP | ||||
3 1/3p ordinary | Purchase | 1,099 | 1.8816 GBP | ||||
3 1/3p ordinary | Purchase | 795 | 1.8830 GBP | ||||
3 1/3p ordinary | Purchase | 752 | 1.8820 GBP | ||||
3 1/3p ordinary | Purchase | 699 | 1.8860 GBP | ||||
3 1/3p ordinary | Sale | 170,182 | 1.8790 GBP | ||||
3 1/3p ordinary | Sale | 115,726 | 1.8799 GBP | ||||
3 1/3p ordinary | Sale | 107,064 | 1.8838 GBP | ||||
3 1/3p ordinary | Sale | 29,937 | 1.8810 GBP | ||||
3 1/3p ordinary | Sale | 29,551 | 1.8788 GBP | ||||
3 1/3p ordinary | Sale | 18,084 | 1.8811 GBP | ||||
3 1/3p ordinary | Sale | 17,831 | 1.8800 GBP | ||||
3 1/3p ordinary | Sale | 15,374 | 1.8836 GBP | ||||
3 1/3p ordinary | Sale | 15,250 | 1.8816 GBP | ||||
3 1/3p ordinary | Sale | 14,736 | 1.8825 GBP | ||||
3 1/3p ordinary | Sale | 4,538 | 1.8820 GBP | ||||
3 1/3p ordinary | Sale | 3,771 | 1.8828 GBP | ||||
3 1/3p ordinary | Sale | 2,195 | 1.8829 GBP | ||||
3 1/3p ordinary | Sale | 2,159 | 1.8840 GBP | ||||
3 1/3p ordinary | Sale | 1,694 | 1.8817 GBP | ||||
3 1/3p ordinary | Sale | 699 | 1.8860 GBP | ||||
3 1/3p ordinary | Sale | 413 | 1.8819 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 | 465 | 1.8778 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 170,000 | 1.8790 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 42,146 | 1.8792 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 116,426 | 1.8799 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 14,624 | 1.8800 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 11,061 | 1.8801 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 23,790 | 1.8814 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,687 | 1.8815 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,694 | 1.8817 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 7,165 | 1.8820 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,292 | 1.8823 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 15,374 | 1.8836 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 107,064 | 1.8838 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,979 | 1.8840 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 14,269 | 1.8801 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,508 | 1.8807 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 270,175 | 1.8814 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,099 | 1.8816 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 19,734 | 1.8820 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 53,309 | 1.8821 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 19,723 | 1.8823 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,734 | 1.8824 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16,412 | 1.8826 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 686 | 1.8827 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 9,145 | 1.8834 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 67,842 | 1.8836 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,997 | 1.8840 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: | 02 Apr 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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