30th Oct 2024 14:32
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: | 29 Oct 2024 | |||||
(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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| 41,160,019 | 7.11% | 1,157,046 | 0.20% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 724,585 | 0.13% | 40,088,275 | 6.93% |
(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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| 41,884,604 | 7.24% | 41,245,321 | 7.13% |
(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 | 13,711 | 1.7088 GBP | ||||
3 1/3p ordinary | Purchase | 13,278 | 1.7089 GBP | ||||
3 1/3p ordinary | Purchase | 12,807 | 1.7009 GBP | ||||
3 1/3p ordinary | Purchase | 5,748 | 1.6969 GBP | ||||
3 1/3p ordinary | Purchase | 5,294 | 1.7073 GBP | ||||
3 1/3p ordinary | Purchase | 4,392 | 1.6952 GBP | ||||
3 1/3p ordinary | Purchase | 3,907 | 1.7065 GBP | ||||
3 1/3p ordinary | Purchase | 2,656 | 1.7022 GBP | ||||
3 1/3p ordinary | Purchase | 2,373 | 1.7100 GBP | ||||
3 1/3p ordinary | Purchase | 1,203 | 1.7020 GBP | ||||
3 1/3p ordinary | Purchase | 920 | 1.7099 GBP | ||||
3 1/3p ordinary | Purchase | 834 | 1.7110 GBP | ||||
3 1/3p ordinary | Purchase | 830 | 1.7030 GBP | ||||
3 1/3p ordinary | Purchase | 599 | 1.6940 GBP | ||||
3 1/3p ordinary | Purchase | 523 | 1.7098 GBP | ||||
3 1/3p ordinary | Purchase | 167 | 1.6971 GBP | ||||
3 1/3p ordinary | Purchase | 62 | 1.7000 GBP | ||||
3 1/3p ordinary | Purchase | 8 | 1.7130 GBP | ||||
3 1/3p ordinary | Purchase | 5 | 1.7120 GBP | ||||
3 1/3p ordinary | Sale | 229,829 | 1.6951 GBP | ||||
3 1/3p ordinary | Sale | 40,545 | 1.6970 GBP | ||||
3 1/3p ordinary | Sale | 32,283 | 1.6956 GBP | ||||
3 1/3p ordinary | Sale | 22,671 | 1.7014 GBP | ||||
3 1/3p ordinary | Sale | 17,105 | 1.7100 GBP | ||||
3 1/3p ordinary | Sale | 11,800 | 1.6974 GBP | ||||
3 1/3p ordinary | Sale | 8,294 | 1.7078 GBP | ||||
3 1/3p ordinary | Sale | 6,969 | 1.6969 GBP | ||||
3 1/3p ordinary | Sale | 6,287 | 1.7084 GBP | ||||
3 1/3p ordinary | Sale | 5,746 | 1.7069 GBP | ||||
3 1/3p ordinary | Sale | 3,793 | 1.6986 GBP | ||||
3 1/3p ordinary | Sale | 3,563 | 1.7018 GBP | ||||
3 1/3p ordinary | Sale | 2,509 | 1.7087 GBP | ||||
3 1/3p ordinary | Sale | 1,664 | 1.7071 GBP | ||||
3 1/3p ordinary | Sale | 1,087 | 1.7025 GBP | ||||
3 1/3p ordinary | Sale | 834 | 1.7110 GBP | ||||
3 1/3p ordinary | Sale | 830 | 1.7030 GBP | ||||
3 1/3p ordinary | Sale | 793 | 1.6950 GBP | ||||
3 1/3p ordinary | Sale | 581 | 1.6980 GBP | ||||
3 1/3p ordinary | Sale | 418 | 1.7140 GBP | ||||
3 1/3p ordinary | Sale | 299 | 1.7010 GBP | ||||
3 1/3p ordinary | Sale | 288 | 1.6977 GBP | ||||
3 1/3p ordinary | Sale | 110 | 1.7026 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 |
| reference | unit | |||
security |
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3 1/3p ordinary | SWAP | Decreasing Short | 793 | 1.6950 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 229,829 | 1.6951 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 32,283 | 1.6956 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 47,514 | 1.6969 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 11,800 | 1.6974 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,793 | 1.6986 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,129 | 1.7014 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,563 | 1.7018 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 248 | 1.7029 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,720 | 1.7065 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 6,430 | 1.7072 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 8,294 | 1.7078 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,509 | 1.7087 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 14,710 | 1.7100 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 17,104 | 1.7113 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 63,368 | 1.7130 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3 | 1.6950 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,748 | 1.6969 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,270 | 1.6987 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,967 | 1.6992 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 251 | 1.6994 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,203 | 1.7020 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,656 | 1.7022 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,048 | 1.7028 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,040 | 1.7036 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,167 | 1.7049 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,928 | 1.7055 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 489 | 1.7071 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 13,711 | 1.7088 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 13,277 | 1.7089 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16 | 1.7091 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 339 | 1.7100 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,086 | 1.7115 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 8,850 | 1.6992 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 9,676 | 1.7009 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 110 | 1.7026 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 442 | 1.7100 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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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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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: | 30 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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