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:

23 Jan 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:

45,302,726

7.83%

902,519

0.16%

(2)

Cash-settled derivatives:

and/or controlled:

441,529

0.08%

44,904,070

7.76%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

45,744,255

7.91%

45,806,589

7.92%

(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

170,647

1.7951 GBP

3 1/3p ordinary

Purchase

142,789

1.8166 GBP

3 1/3p ordinary

Purchase

100,424

1.8200 GBP

3 1/3p ordinary

Purchase

98,641

1.8165 GBP

3 1/3p ordinary

Purchase

67,423

1.7943 GBP

3 1/3p ordinary

Purchase

45,461

1.7898 GBP

3 1/3p ordinary

Purchase

31,336

1.7865 GBP

3 1/3p ordinary

Purchase

26,770

1.8199 GBP

3 1/3p ordinary

Purchase

15,404

1.8130 GBP

3 1/3p ordinary

Purchase

11,850

1.8134 GBP

3 1/3p ordinary

Purchase

9,823

1.7873 GBP

3 1/3p ordinary

Purchase

8,834

1.8077 GBP

3 1/3p ordinary

Purchase

8,148

1.7967 GBP

3 1/3p ordinary

Purchase

5,600

1.8098 GBP

3 1/3p ordinary

Purchase

5,319

1.8110 GBP

3 1/3p ordinary

Purchase

4,895

1.8120 GBP

3 1/3p ordinary

Purchase

3,861

1.7870 GBP

3 1/3p ordinary

Purchase

3,385

1.8071 GBP

3 1/3p ordinary

Purchase

2,690

1.8090 GBP

3 1/3p ordinary

Purchase

1,993

1.8055 GBP

3 1/3p ordinary

Purchase

1,922

1.7993 GBP

3 1/3p ordinary

Purchase

732

1.8100 GBP

3 1/3p ordinary

Purchase

732

1.8099 GBP

3 1/3p ordinary

Purchase

531

1.8089 GBP

3 1/3p ordinary

Purchase

456

1.7820 GBP

3 1/3p ordinary

Purchase

422

1.7889 GBP

3 1/3p ordinary

Purchase

180

1.8170 GBP

3 1/3p ordinary

Sale

176,525

1.8200 GBP

3 1/3p ordinary

Sale

59,775

1.8032 GBP

3 1/3p ordinary

Sale

35,362

1.7896 GBP

3 1/3p ordinary

Sale

19,067

1.7980 GBP

3 1/3p ordinary

Sale

15,544

1.7996 GBP

3 1/3p ordinary

Sale

14,305

1.7936 GBP

3 1/3p ordinary

Sale

11,322

1.7949 GBP

3 1/3p ordinary

Sale

11,175

1.8119 GBP

3 1/3p ordinary

Sale

5,411

1.7892 GBP

3 1/3p ordinary

Sale

4,922

1.7957 GBP

3 1/3p ordinary

Sale

3,822

1.7895 GBP

3 1/3p ordinary

Sale

3,575

1.7891 GBP

3 1/3p ordinary

Sale

2,615

1.8107 GBP

3 1/3p ordinary

Sale

2,153

1.7795 GBP

3 1/3p ordinary

Sale

1,619

1.7863 GBP

3 1/3p ordinary

Sale

999

1.8090 GBP

3 1/3p ordinary

Sale

732

1.8100 GBP

3 1/3p ordinary

Sale

425

1.8130 GBP

3 1/3p ordinary

Sale

103

1.8124 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

1,619

1.7863 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,575

1.7891 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,011

1.7895 GBP

3 1/3p ordinary

SWAP

Decreasing Short

82,257

1.8000 GBP

3 1/3p ordinary

SWAP

Decreasing Short

110,229

1.8017 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,615

1.8107 GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,175

1.8119 GBP

3 1/3p ordinary

SWAP

Decreasing Short

103

1.8124 GBP

3 1/3p ordinary

SWAP

Decreasing Short

425

1.8130 GBP

3 1/3p ordinary

SWAP

Increasing Short

456

1.7820 GBP

3 1/3p ordinary

SWAP

Increasing Short

26,177

1.7850 GBP

3 1/3p ordinary

SWAP

Increasing Short

1

1.7860 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,838

1.7870 GBP

3 1/3p ordinary

SWAP

Increasing Short

9,823

1.7873 GBP

3 1/3p ordinary

SWAP

Increasing Short

45,461

1.7898 GBP

3 1/3p ordinary

SWAP

Increasing Short

391

1.7912 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,646

1.7916 GBP

3 1/3p ordinary

SWAP

Increasing Short

3

1.7940 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,159

1.7942 GBP

3 1/3p ordinary

SWAP

Increasing Short

67,423

1.7943 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,773

1.7948 GBP

3 1/3p ordinary

SWAP

Increasing Short

170,647

1.7951 GBP

3 1/3p ordinary

SWAP

Increasing Short

239

1.7999 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,329

1.8032 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,600

1.8098 GBP

3 1/3p ordinary

SWAP

Increasing Short

53,700

1.8106 GBP

3 1/3p ordinary

SWAP

Increasing Short

15,404

1.8130 GBP

3 1/3p ordinary

SWAP

Increasing Short

11,850

1.8134 GBP

3 1/3p ordinary

SWAP

Increasing Short

87,441

1.8162 GBP

3 1/3p ordinary

SWAP

Increasing Short

458

1.8191 GBP

3 1/3p ordinary

SWAP

Increasing Short

11,200

1.8195 GBP

3 1/3p ordinary

SWAP

Increasing Short

40,667

1.8200 GBP

3 1/3p ordinary

CFD

Increasing Short

8,220

1.7901 GBP

3 1/3p ordinary

CFD

Increasing Short

6,514

1.7994 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:

27 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213