22nd May 2025 15:18
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: | 16 May 2025 | |||||
(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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| 46,251,572 | 7.96% | 2,210,193 | 0.38% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,944,506 | 0.33% | 45,967,325 | 7.91% |
(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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| 48,196,078 | 8.29% | 48,177,518 | 8.29% |
(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 | 372,948 | 1.9309 GBP | ||||
3 1/3p ordinary | Purchase | 51,075 | 1.9347 GBP | ||||
3 1/3p ordinary | Purchase | 35,262 | 1.9320 GBP | ||||
3 1/3p ordinary | Purchase | 30,859 | 1.9322 GBP | ||||
3 1/3p ordinary | Purchase | 22,731 | 1.9301 GBP | ||||
3 1/3p ordinary | Purchase | 10,021 | 1.9364 GBP | ||||
3 1/3p ordinary | Purchase | 8,540 | 1.9359 GBP | ||||
3 1/3p ordinary | Purchase | 8,121 | 1.9357 GBP | ||||
3 1/3p ordinary | Purchase | 7,279 | 1.9321 GBP | ||||
3 1/3p ordinary | Purchase | 3,540 | 1.9300 GBP | ||||
3 1/3p ordinary | Purchase | 2,538 | 1.9330 GBP | ||||
3 1/3p ordinary | Purchase | 1,828 | 1.9340 GBP | ||||
3 1/3p ordinary | Purchase | 749 | 1.9332 GBP | ||||
3 1/3p ordinary | Purchase | 157 | 1.9318 GBP | ||||
3 1/3p ordinary | Purchase | 75 | 1.9360 GBP | ||||
3 1/3p ordinary | Purchase | 30 | 1.9366 GBP | ||||
3 1/3p ordinary | Purchase | 20 | 1.9338 GBP | ||||
3 1/3p ordinary | Purchase | 3 | 1.9498 GBP | ||||
3 1/3p ordinary | Sale | 40,153 | 1.9360 GBP | ||||
3 1/3p ordinary | Sale | 26,138 | 1.9320 GBP | ||||
3 1/3p ordinary | Sale | 6,783 | 1.9319 GBP | ||||
3 1/3p ordinary | Sale | 6,534 | 1.9353 GBP | ||||
3 1/3p ordinary | Sale | 4,555 | 1.9322 GBP | ||||
3 1/3p ordinary | Sale | 1,155 | 1.9340 GBP | ||||
3 1/3p ordinary | Sale | 129 | 1.9361 GBP | ||||
3 1/3p ordinary | Sale | 50 | 1.9370 GBP | ||||
3 1/3p ordinary | Sale | 30 | 1.9368 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 |
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security |
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3 1/3p ordinary | SWAP | Decreasing Short | 163 | 1.9318 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 9,597 | 1.9319 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 21,379 | 1.9320 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,641 | 1.9322 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 62 | 1.9340 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,084 | 1.9349 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,225 | 1.9355 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 39,039 | 1.9360 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,540 | 1.9300 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 22,927 | 1.9301 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 372,948 | 1.9309 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 10,961 | 1.9320 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,279 | 1.9321 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 35,553 | 1.9322 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 75 | 1.9340 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,279 | 1.9349 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,160 | 1.9351 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,874 | 1.9357 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,263 | 1.9359 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,188 | 1.9364 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,833 | 1.9365 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 3,875 | 1.9331 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 32,389 | 1.9355 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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| relates |
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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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| securities | unit | |||
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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: | 22 May 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSpirent