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Form 8.3 - Spirent Communications plc

6th Sep 2024 14:58

RNS Number : 2943D
Barclays PLC
06 September 2024
 

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:

05 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:

 

 

33,265,845

5.75%

966,411

0.17%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

586,557

0.10%

32,504,659

5.62%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

33,852,402

5.85%

33,471,070

5.78%

(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

83,126

1.7500 GBP

3 1/3p ordinary

Purchase

67,101

1.7486 GBP

3 1/3p ordinary

Purchase

24,352

1.7447 GBP

3 1/3p ordinary

Purchase

12,912

1.7498 GBP

3 1/3p ordinary

Purchase

9,453

1.7420 GBP

3 1/3p ordinary

Purchase

7,999

1.7476 GBP

3 1/3p ordinary

Purchase

5,322

1.7442 GBP

3 1/3p ordinary

Purchase

4,813

1.7450 GBP

3 1/3p ordinary

Purchase

3,371

1.7425 GBP

3 1/3p ordinary

Purchase

1,936

1.7415 GBP

3 1/3p ordinary

Purchase

1,761

1.7483 GBP

3 1/3p ordinary

Purchase

1,100

1.7430 GBP

3 1/3p ordinary

Purchase

786

1.7472 GBP

3 1/3p ordinary

Purchase

383

1.7470 GBP

3 1/3p ordinary

Sale

128,611

1.7458 GBP

3 1/3p ordinary

Sale

54,716

1.7500 GBP

3 1/3p ordinary

Sale

25,663

1.7359 GBP

3 1/3p ordinary

Sale

11,400

1.7444 GBP

3 1/3p ordinary

Sale

11,400

1.7485 GBP

3 1/3p ordinary

Sale

10,951

1.7351 GBP

3 1/3p ordinary

Sale

7,994

1.7441 GBP

3 1/3p ordinary

Sale

5,322

1.7442 GBP

3 1/3p ordinary

Sale

2,139

1.7416 GBP

3 1/3p ordinary

Sale

2,043

1.7445 GBP

3 1/3p ordinary

Sale

147

1.7448 GBP

3 1/3p ordinary

Sale

49

1.7429 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

10,951

1.7351 GBP

3 1/3p ordinary

SWAP

Decreasing Short

25,663

1.7359 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,515

1.7370 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,139

1.7416 GBP

3 1/3p ordinary

SWAP

Decreasing Short

54,787

1.7427 GBP

3 1/3p ordinary

SWAP

Decreasing Short

49

1.7429 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,809

1.7431 GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,400

1.7444 GBP

3 1/3p ordinary

SWAP

Decreasing Short

147

1.7449 GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,400

1.7485 GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,000

1.7500 GBP

3 1/3p ordinary

SWAP

Increasing Short

9,453

1.7420 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,135

1.7441 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,166

1.7446 GBP

3 1/3p ordinary

SWAP

Increasing Short

18,008

1.7447 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,813

1.7450 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,008

1.7458 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,921

1.7472 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,999

1.7476 GBP

3 1/3p ordinary

SWAP

Increasing Short

65,816

1.7486 GBP

3 1/3p ordinary

SWAP

Increasing Short

2

1.7500 GBP

3 1/3p ordinary

CFD

Decreasing Short

9,905

1.7459 GBP

3 1/3p ordinary

CFD

Decreasing Short

16,848

1.7500 GBP

3 1/3p ordinary

CFD

Increasing Short

4,901

1.7500 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:

06 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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