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:

09 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:

33,423,678

5.78%

757,496

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

434,602

0.08%

32,718,642

5.65%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

33,858,280

5.85%

33,476,138

5.79%

(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

113,340

1.7364 GBP

3 1/3p ordinary

Purchase

111,382

1.7380 GBP

3 1/3p ordinary

Purchase

99,082

1.7240 GBP

3 1/3p ordinary

Purchase

80,320

1.7371 GBP

3 1/3p ordinary

Purchase

69,917

1.7360 GBP

3 1/3p ordinary

Purchase

47,687

1.7344 GBP

3 1/3p ordinary

Purchase

27,147

1.7274 GBP

3 1/3p ordinary

Purchase

9,911

1.7270 GBP

3 1/3p ordinary

Purchase

7,910

1.7368 GBP

3 1/3p ordinary

Purchase

6,948

1.7374 GBP

3 1/3p ordinary

Purchase

5,033

1.7358 GBP

3 1/3p ordinary

Purchase

4,801

1.7334 GBP

3 1/3p ordinary

Purchase

2,561

1.7318 GBP

3 1/3p ordinary

Purchase

1,146

1.7310 GBP

3 1/3p ordinary

Purchase

651

1.7390 GBP

3 1/3p ordinary

Purchase

399

1.7361 GBP

3 1/3p ordinary

Sale

247,581

1.7303 GBP

3 1/3p ordinary

Sale

230,174

1.7366 GBP

3 1/3p ordinary

Sale

48,775

1.7361 GBP

3 1/3p ordinary

Sale

9,542

1.7343 GBP

3 1/3p ordinary

Sale

8,212

1.7333 GBP

3 1/3p ordinary

Sale

3,775

1.7386 GBP

3 1/3p ordinary

Sale

3,375

1.7380 GBP

3 1/3p ordinary

Sale

3,036

1.7261 GBP

3 1/3p ordinary

Sale

2,869

1.7359 GBP

3 1/3p ordinary

Sale

1,258

1.7270 GBP

3 1/3p ordinary

Sale

785

1.7330 GBP

3 1/3p ordinary

Sale

545

1.7385 GBP

3 1/3p ordinary

Sale

481

1.7399 GBP

3 1/3p ordinary

Sale

112

1.7369 GBP

3 1/3p ordinary

Sale

7

1.7289 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

3,036

1.7261 GBP

3 1/3p ordinary

SWAP

Decreasing Short

7

1.7289 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,944

1.7301 GBP

3 1/3p ordinary

SWAP

Decreasing Short

61,485

1.7332 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,212

1.7333 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,869

1.7359 GBP

3 1/3p ordinary

SWAP

Decreasing Short

48,775

1.7361 GBP

3 1/3p ordinary

SWAP

Decreasing Short

107,328

1.7379 GBP

3 1/3p ordinary

SWAP

Decreasing Short

40,719

1.7380 GBP

3 1/3p ordinary

SWAP

Decreasing Short

545

1.7385 GBP

3 1/3p ordinary

SWAP

Decreasing Short

481

1.7399 GBP

3 1/3p ordinary

SWAP

Increasing Short

69

1.7301 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,253

1.7305 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,039

1.7313 GBP

3 1/3p ordinary

SWAP

Increasing Short

13,928

1.7318 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,460

1.7322 GBP

3 1/3p ordinary

SWAP

Increasing Short

47,687

1.7344 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,557

1.7360 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,910

1.7368 GBP

3 1/3p ordinary

SWAP

Increasing Short

80,320

1.7371 GBP

3 1/3p ordinary

SWAP

Increasing Short

6,948

1.7374 GBP

3 1/3p ordinary

SWAP

Increasing Short

44,172

1.7377 GBP

3 1/3p ordinary

SWAP

Increasing Short

2

1.7380 GBP

3 1/3p ordinary

SWAP

Increasing Short

651

1.7390 GBP

3 1/3p ordinary

CFD

Decreasing Short

27,025

1.7365 GBP

3 1/3p ordinary

CFD

Increasing Short

111,337

1.7379 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 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213