6th May 2025 15:17
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): |
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(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: |
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(e) | Date position held/dealing undertaken: | 02 May 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: | 42,145,443 | 7.25% | 2,356,016 | 0.40% | |||
(2) Cash-settled derivatives: | 1,631,971 | 0.28% | 41,687,786 | 7.17% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 43,777,414 | 7.53% | 44,043,802 | 7.57% | |||
(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 | 96,514 | 1.8628 GBP | ||||
3 1/3p ordinary | Purchase | 92,083 | 1.8591 GBP | ||||
3 1/3p ordinary | Purchase | 110,779 | 1.8658 GBP | ||||
3 1/3p ordinary | Purchase | 59,456 | 1.8489 GBP | ||||
3 1/3p ordinary | Purchase | 44,510 | 1.8729 GBP | ||||
3 1/3p ordinary | Purchase | 35,845 | 1.8682 GBP | ||||
3 1/3p ordinary | Purchase | 35,543 | 1.8703 GBP | ||||
3 1/3p ordinary | Purchase | 24,611 | 1.8658 GBP | ||||
3 1/3p ordinary | Purchase | 12,358 | 1.8440 GBP | ||||
3 1/3p ordinary | Purchase | 10,064 | 1.8484 GBP | ||||
3 1/3p ordinary | Purchase | 9,865 | 1.8559 GBP | ||||
3 1/3p ordinary | Purchase | 4,136 | 1.8672 GBP | ||||
3 1/3p ordinary | Purchase | 3,239 | 1.8686 GBP | ||||
3 1/3p ordinary | Purchase | 3,096 | 1.8620 GBP | ||||
3 1/3p ordinary | Purchase | 3,089 | 1.8441 GBP | ||||
3 1/3p ordinary | Purchase | 2,844 | 1.8600 GBP | ||||
3 1/3p ordinary | Purchase | 2,617 | 1.8740 GBP | ||||
3 1/3p ordinary | Purchase | 1,683 | 1.8711 GBP | ||||
3 1/3p ordinary | Purchase | 1,648 | 1.8653 GBP | ||||
3 1/3p ordinary | Purchase | 1,358 | 1.8717 GBP | ||||
3 1/3p ordinary | Purchase | 1,262 | 1.8720 GBP | ||||
3 1/3p ordinary | Purchase | 590 | 1.8654 GBP | ||||
3 1/3p ordinary | Purchase | 573 | 1.8780 GBP | ||||
3 1/3p ordinary | Purchase | 530 | 1.8640 GBP | ||||
3 1/3p ordinary | Purchase | 432 | 1.8700 GBP | ||||
3 1/3p ordinary | Purchase | 361 | 1.8487 GBP | ||||
3 1/3p ordinary | Purchase | 318 | 1.8730 GBP | ||||
3 1/3p ordinary | Purchase | 151 | 1.8480 GBP | ||||
3 1/3p ordinary | Purchase | 86 | 1.8710 GBP | ||||
3 1/3p ordinary | Sale | 490,339 | 1.8668 GBP | ||||
3 1/3p ordinary | Sale | 75,878 | 1.8440 GBP | ||||
3 1/3p ordinary | Sale | 18,192 | 1.8652 GBP | ||||
3 1/3p ordinary | Sale | 8,043 | 1.8633 GBP | ||||
3 1/3p ordinary | Sale | 2,194 | 1.8509 GBP | ||||
3 1/3p ordinary | Sale | 2,092 | 1.8741 GBP | ||||
3 1/3p ordinary | Sale | 1,489 | 1.8686 GBP | ||||
3 1/3p ordinary | Sale | 1,021 | 1.8696 GBP | ||||
3 1/3p ordinary | Sale | 821 | 1.8620 GBP | ||||
3 1/3p ordinary | Sale | 746 | 1.8603 GBP | ||||
3 1/3p ordinary | Sale | 573 | 1.8781 GBP | ||||
3 1/3p ordinary | Sale | 530 | 1.8640 GBP | ||||
3 1/3p ordinary | Sale | 527 | 1.8720 GBP | ||||
3 1/3p ordinary | Sale | 508 | 1.8690 GBP | ||||
3 1/3p ordinary | Sale | 508 | 1.8480 GBP | ||||
3 1/3p ordinary | Sale | 432 | 1.8700 GBP | ||||
3 1/3p ordinary | Sale | 173 | 1.8660 GBP | ||||
3 1/3p ordinary | Sale | 86 | 1.8711 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 | 44,481 | 1.8440 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 248 | 1.8478 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 746 | 1.8603 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,878 | 1.8651 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,017 | 1.8662 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 490,339 | 1.8668 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,049 | 1.8677 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 36,334 | 1.8440 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,089 | 1.8441 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 59,456 | 1.8488 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 9,424 | 1.8541 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 9,865 | 1.8559 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,673 | 1.8620 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 76,214 | 1.8628 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,658 | 1.8630 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 24,611 | 1.8658 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 35,845 | 1.8682 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,360 | 1.8698 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 35,543 | 1.8703 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 44,510 | 1.8729 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 525 | 1.8740 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 2,103 | 1.8601 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 20,300 | 1.8628 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 45,487 | 1.8668 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 |
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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 |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 06-May-25 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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