1st Nov 2024 14:40
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: | 31 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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| 41,526,921 | 7.18% | 934,303 | 0.16% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 506,691 | 0.09% | 40,478,400 | 7.00% |
(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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| 42,033,612 | 7.26% | 41,412,703 | 7.16% |
(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 | 158,874 | 1.6794 GBP | ||||
3 1/3p ordinary | Purchase | 140,378 | 1.6800 GBP | ||||
3 1/3p ordinary | Purchase | 67,294 | 1.6801 GBP | ||||
3 1/3p ordinary | Purchase | 14,257 | 1.6808 GBP | ||||
3 1/3p ordinary | Purchase | 6,105 | 1.6907 GBP | ||||
3 1/3p ordinary | Purchase | 4,879 | 1.6772 GBP | ||||
3 1/3p ordinary | Purchase | 3,821 | 1.6805 GBP | ||||
3 1/3p ordinary | Purchase | 1,453 | 1.6841 GBP | ||||
3 1/3p ordinary | Purchase | 201 | 1.6825 GBP | ||||
3 1/3p ordinary | Purchase | 192 | 1.6817 GBP | ||||
3 1/3p ordinary | Purchase | 42 | 1.6743 GBP | ||||
3 1/3p ordinary | Purchase | 29 | 1.6870 GBP | ||||
3 1/3p ordinary | Purchase | 27 | 1.6830 GBP | ||||
3 1/3p ordinary | Purchase | 19 | 1.6770 GBP | ||||
3 1/3p ordinary | Purchase | 13 | 1.6920 GBP | ||||
3 1/3p ordinary | Purchase | 13 | 1.6650 GBP | ||||
3 1/3p ordinary | Purchase | 12 | 1.6840 GBP | ||||
3 1/3p ordinary | Purchase | 12 | 1.6720 GBP | ||||
3 1/3p ordinary | Purchase | 5 | 1.6890 GBP | ||||
3 1/3p ordinary | Purchase | 4 | 1.6780 GBP | ||||
3 1/3p ordinary | Purchase | 4 | 1.6810 GBP | ||||
3 1/3p ordinary | Sale | 98,947 | 1.6802 GBP | ||||
3 1/3p ordinary | Sale | 67,767 | 1.6800 GBP | ||||
3 1/3p ordinary | Sale | 34,940 | 1.6762 GBP | ||||
3 1/3p ordinary | Sale | 13,600 | 1.6795 GBP | ||||
3 1/3p ordinary | Sale | 8,449 | 1.6759 GBP | ||||
3 1/3p ordinary | Sale | 4,884 | 1.6778 GBP | ||||
3 1/3p ordinary | Sale | 3,267 | 1.6750 GBP | ||||
3 1/3p ordinary | Sale | 2,913 | 1.6839 GBP | ||||
3 1/3p ordinary | Sale | 1,980 | 1.6742 GBP | ||||
3 1/3p ordinary | Sale | 1,686 | 1.6736 GBP | ||||
3 1/3p ordinary | Sale | 955 | 1.6820 GBP | ||||
3 1/3p ordinary | Sale | 950 | 1.6749 GBP | ||||
3 1/3p ordinary | Sale | 278 | 1.6899 GBP | ||||
3 1/3p ordinary | Sale | 177 | 1.6812 GBP | ||||
3 1/3p ordinary | Sale | 141 | 1.6809 GBP | ||||
3 1/3p ordinary | Sale | 90 | 1.6849 GBP | ||||
3 1/3p ordinary | Sale | 64 | 1.6859 GBP | ||||
3 1/3p ordinary | Sale | 29 | 1.6870 GBP | ||||
3 1/3p ordinary | Sale | 27 | 1.6830 GBP | ||||
3 1/3p ordinary | Sale | 22 | 1.6781 GBP | ||||
3 1/3p ordinary | Sale | 19 | 1.6770 GBP | ||||
3 1/3p ordinary | Sale | 13 | 1.6650 GBP | ||||
3 1/3p ordinary | Sale | 12 | 1.6720 GBP | ||||
3 1/3p ordinary | Sale | 12 | 1.6840 GBP | ||||
3 1/3p ordinary | Sale | 7 | 1.6920 GBP | ||||
3 1/3p ordinary | Sale | 5 | 1.6890 GBP | ||||
3 1/3p ordinary | Sale | 4 | 1.6780 GBP | ||||
3 1/3p ordinary | Sale | 4 | 1.6810 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 | 4,821 | 1.6745 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 950 | 1.6749 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 8,449 | 1.6759 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 16,004 | 1.6762 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,016 | 1.6777 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,600 | 1.6795 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 29,661 | 1.6800 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 177 | 1.6812 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 327 | 1.6835 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 278 | 1.6899 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 187 | 1.6731 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 158,874 | 1.6794 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 72,624 | 1.6800 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 960 | 1.6803 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 201 | 1.6825 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,763 | 1.6829 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,453 | 1.6841 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,792 | 1.6862 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,105 | 1.6907 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 2,976 | 1.6847 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 278 | 1.6841 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 1,488 | 1.6847 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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(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: | 01 Nov 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysSpirent