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 relevant securities this form relates:

SPIRENT COMMUNICATIONS PLC

(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:

30 Aug 2024

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

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:

31,013,240

5.36%

948,844

0.16%

(2) Cash-settled derivatives:

461,618

0.08%

30,080,112

5.20%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

31,474,858

5.44%

31,028,956

5.36%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

3 1/3p ordinary

Purchase

329,345

1.7788 GBP

3 1/3p ordinary

Purchase

300,000

1.7800 GBP

3 1/3p ordinary

Purchase

296,735

1.7779 GBP

3 1/3p ordinary

Purchase

194,802

1.7770 GBP

3 1/3p ordinary

Purchase

101,351

1.7771 GBP

3 1/3p ordinary

Purchase

67,770

1.7832 GBP

3 1/3p ordinary

Purchase

35,877

1.7766 GBP

3 1/3p ordinary

Purchase

30,742

1.7881 GBP

3 1/3p ordinary

Purchase

18,882

1.7769 GBP

3 1/3p ordinary

Purchase

8,807

1.7900 GBP

3 1/3p ordinary

Purchase

8,754

1.7879 GBP

3 1/3p ordinary

Purchase

7,127

1.7888 GBP

3 1/3p ordinary

Purchase

5,534

1.7891 GBP

3 1/3p ordinary

Purchase

2,773

1.7810 GBP

3 1/3p ordinary

Purchase

624

1.7835 GBP

3 1/3p ordinary

Purchase

419

1.7886 GBP

3 1/3p ordinary

Purchase

145

1.7890 GBP

3 1/3p ordinary

Sale

601,937

1.7792 GBP

3 1/3p ordinary

Sale

411,357

1.7770 GBP

3 1/3p ordinary

Sale

15,459

1.7880 GBP

3 1/3p ordinary

Sale

4,833

1.7891 GBP

3 1/3p ordinary

Sale

4,640

1.7875 GBP

3 1/3p ordinary

Sale

3

1.7910 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

3 1/3p ordinary

SWAP

Increasing Short

47,393

1.7883 GBP

3 1/3p ordinary

CFD

Decreasing Short

38,689

1.7769 GBP

3 1/3p ordinary

CFD

Increasing Short

22,083

1.7771 GBP

3 1/3p ordinary

CFD

Increasing Short

1,704

1.7891 GBP

3 1/3p ordinary

SWAP

Increasing Short

18,614

1.7885 GBP

3 1/3p ordinary

SWAP

Opening Long

151,657

1.7770 GBP

3 1/3p ordinary

SWAP

Decreasing Long

140,657

1.7770 GBP

3 1/3p ordinary

SWAP

Closing Long

7,688

1.7887 GBP

3 1/3p ordinary

SWAP

Opening Long

7,871

1.7766 GBP

3 1/3p ordinary

SWAP

Increasing Short

446

1.7888 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,773

1.7810 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,127

1.7888 GBP

3 1/3p ordinary

SWAP

Decreasing Short

7

1.7791 GBP

3 1/3p ordinary

SWAP

Decreasing Short

15,459

1.7880 GBP

3 1/3p ordinary

SWAP

Increasing Short

143,552

1.7770 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,339

1.7882 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,150

1.7900 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,640

1.7875 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,978

1.7884 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,169

1.7885 GBP

3 1/3p ordinary

SWAP

Decreasing Long

34,270

1.7775 GBP

3 1/3p ordinary

SWAP

Decreasing Long

33,500

1.7891 GBP

3 1/3p ordinary

SWAP

Decreasing Short

13

1.7802 GBP

3 1/3p ordinary

SWAP

Increasing Short

110,741

1.7770 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,534

1.7891 GBP

3 1/3p ordinary

SWAP

Increasing Short

944

1.7930 GBP

3 1/3p ordinary

SWAP

Opening Short

6,883

1.7772 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

02 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213