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Form 8.3 - Spirent Communications plc Replacement

6th Mar 2025 13:42

RNS Number : 6905Z
Barclays PLC
06 March 2025
 

FORM 8.3 - Amendment - this form replaces RNS number 7163Y published at 10:27 on 27/02/2025, changes made to section 2a and 3a.

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:

26 Feb 2025

(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:

45,067,853

7.79%

1,013,526

0.17%

(2) Cash-settled derivatives:

236,148

0.04%

44,727,784

7.73%

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

0

0.00%

0

0.00%

TOTAL: 

45,304,001

7.83%

45,741,310

7.90%

(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

78,943

1.8500 GBP

3 1/3p ordinary

Purchase

75,933

1.8522 GBP

3 1/3p ordinary

Purchase

48,082

1.8701 GBP

3 1/3p ordinary

Purchase

16,931

1.8710 GBP

3 1/3p ordinary

Purchase

11,419

1.8699 GBP

3 1/3p ordinary

Purchase

4,362

1.8700 GBP

3 1/3p ordinary

Purchase

4,018

1.8536 GBP

3 1/3p ordinary

Purchase

3,906

1.8621 GBP

3 1/3p ordinary

Purchase

2,744

1.8637 GBP

3 1/3p ordinary

Purchase

2,268

1.8716 GBP

3 1/3p ordinary

Purchase

1,315

1.8713 GBP

3 1/3p ordinary

Purchase

934

1.8715 GBP

3 1/3p ordinary

Purchase

900

1.8680 GBP

3 1/3p ordinary

Purchase

476

1.8660 GBP

3 1/3p ordinary

Purchase

261

1.8670 GBP

3 1/3p ordinary

Purchase

230

1.8705 GBP

3 1/3p ordinary

Purchase

131

1.8550 GBP

3 1/3p ordinary

Sale

450,000

1.8691 GBP

3 1/3p ordinary

Sale

32,196

1.8568 GBP

3 1/3p ordinary

Sale

17,380

1.8700 GBP

3 1/3p ordinary

Sale

14,514

1.8552 GBP

3 1/3p ordinary

Sale

10,021

1.8656 GBP

3 1/3p ordinary

Sale

8,153

1.8699 GBP

3 1/3p ordinary

Sale

6,260

1.8669 GBP

3 1/3p ordinary

Sale

5,143

1.8644 GBP

3 1/3p ordinary

Sale

4,667

1.8666 GBP

3 1/3p ordinary

Sale

3,664

1.8634 GBP

3 1/3p ordinary

Sale

3,145

1.8710 GBP

3 1/3p ordinary

Sale

2,700

1.8715 GBP

3 1/3p ordinary

Sale

2,618

1.8701 GBP

3 1/3p ordinary

Sale

1,693

1.8661 GBP

3 1/3p ordinary

Sale

900

1.8680 GBP

3 1/3p ordinary

Sale

546

1.8625 GBP

3 1/3p ordinary

Sale

476

1.8660 GBP

3 1/3p ordinary

Sale

457

1.8577 GBP

3 1/3p ordinary

Sale

406

1.8500 GBP

3 1/3p ordinary

Sale

149

1.8550 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

Decreasing Short

40,110

1.8614 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,664

1.8634 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,445

1.8648 GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,021

1.8656 GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,861

1.8700 GBP

3 1/3p ordinary

SWAP

Increasing Short

110,789

1.8500 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,906

1.8621 GBP

3 1/3p ordinary

SWAP

Increasing Short

11,419

1.8699 GBP

3 1/3p ordinary

SWAP

Increasing Short

48,082

1.8701 GBP

3 1/3p ordinary

SWAP

Increasing Short

397

1.8702 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,908

1.8710 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,372

1.8713 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,772

1.8720 GBP

3 1/3p ordinary

CFD

Increasing Short

24,600

1.8543 GBP

3 1/3p ordinary

CFD

Increasing Short

1,621

1.8702 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:

06 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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