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Form 8.3 SPIRENT COMMUNICATIONS PLC

26th Mar 2025 15:16

RNS Number : 3589C
Barclays PLC
26 March 2025
 

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):

(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

 

 

offeror/offeree, state this and specify identity of

 

offeror/offeree:

(e)

Date position held/dealing undertaken:

25 Mar 2025

(f)

In addition to the company in 1(c) above, is the discloser making

NO

 

 

 

disclosures in respect of any other party to the offer?

 

 

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:

 

 

42,775,595

7.36%

1,147,642

0.20%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

409,049

0.07%

42,513,156

7.32%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

43,184,644

7.43%

43,660,798

7.51%

(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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

3 1/3p ordinary

Purchase

223,821

1.8906 GBP

3 1/3p ordinary

Purchase

201,695

1.8917 GBP

3 1/3p ordinary

Purchase

124,877

1.8964 GBP

3 1/3p ordinary

Purchase

81,326

1.8958 GBP

3 1/3p ordinary

Purchase

75,243

1.8967 GBP

3 1/3p ordinary

Purchase

50,983

1.8905 GBP

3 1/3p ordinary

Purchase

32,755

1.9020 GBP

3 1/3p ordinary

Purchase

14,837

1.8988 GBP

3 1/3p ordinary

Purchase

14,589

1.8979 GBP

3 1/3p ordinary

Purchase

14,316

1.8995 GBP

3 1/3p ordinary

Purchase

7,316

1.8952 GBP

3 1/3p ordinary

Purchase

6,435

1.8982 GBP

3 1/3p ordinary

Purchase

6,400

1.8973 GBP

3 1/3p ordinary

Purchase

6,347

1.8990 GBP

3 1/3p ordinary

Purchase

5,905

1.9019 GBP

3 1/3p ordinary

Purchase

5,840

1.8946 GBP

3 1/3p ordinary

Purchase

5,083

1.8961 GBP

3 1/3p ordinary

Purchase

4,818

1.8996 GBP

3 1/3p ordinary

Purchase

3,808

1.8918 GBP

3 1/3p ordinary

Purchase

3,533

1.8991 GBP

3 1/3p ordinary

Purchase

3,326

1.8930 GBP

3 1/3p ordinary

Purchase

2,435

1.8994 GBP

3 1/3p ordinary

Purchase

2,139

1.9025 GBP

3 1/3p ordinary

Purchase

1,644

1.8954 GBP

3 1/3p ordinary

Purchase

1,510

1.9047 GBP

3 1/3p ordinary

Purchase

905

1.9040 GBP

3 1/3p ordinary

Purchase

611

1.8910 GBP

3 1/3p ordinary

Purchase

536

1.9010 GBP

3 1/3p ordinary

Purchase

262

1.8992 GBP

3 1/3p ordinary

Purchase

90

1.9030 GBP

3 1/3p ordinary

Purchase

22

1.9000 GBP

3 1/3p ordinary

Sale

535,291

1.9020 GBP

3 1/3p ordinary

Sale

164,529

1.8902 GBP

3 1/3p ordinary

Sale

144,038

1.8900 GBP

3 1/3p ordinary

Sale

123,860

1.8898 GBP

3 1/3p ordinary

Sale

67,815

1.8963 GBP

3 1/3p ordinary

Sale

15,909

1.8916 GBP

3 1/3p ordinary

Sale

12,186

1.8954 GBP

3 1/3p ordinary

Sale

10,688

1.8997 GBP

3 1/3p ordinary

Sale

8,689

1.8973 GBP

3 1/3p ordinary

Sale

7,739

1.8912 GBP

3 1/3p ordinary

Sale

5,093

1.9005 GBP

3 1/3p ordinary

Sale

4,227

1.8980 GBP

3 1/3p ordinary

Sale

4,207

1.8978 GBP

3 1/3p ordinary

Sale

4,169

1.9023 GBP

3 1/3p ordinary

Sale

4,007

1.9008 GBP

3 1/3p ordinary

Sale

2,392

1.8950 GBP

3 1/3p ordinary

Sale

2,139

1.9025 GBP

3 1/3p ordinary

Sale

1,743

1.8981 GBP

3 1/3p ordinary

Sale

1,734

1.8890 GBP

3 1/3p ordinary

Sale

1,718

1.8975 GBP

3 1/3p ordinary

Sale

1,633

1.9003 GBP

3 1/3p ordinary

Sale

1,272

1.9000 GBP

3 1/3p ordinary

Sale

1,222

1.8910 GBP

3 1/3p ordinary

Sale

1,206

1.8925 GBP

3 1/3p ordinary

Sale

419

1.8899 GBP

3 1/3p ordinary

Sale

290

1.9030 GBP

3 1/3p ordinary

Sale

274

1.9010 GBP

3 1/3p ordinary

Sale

15

1.9199 GBP

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

3 1/3p ordinary

SWAP

Increasing Short

14,239

1.8971 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,734

1.8890 GBP

3 1/3p ordinary

SWAP

Decreasing Short

123,860

1.8898 GBP

3 1/3p ordinary

SWAP

Decreasing Short

419

1.8899 GBP

3 1/3p ordinary

SWAP

Decreasing Short

60,343

1.8900 GBP

3 1/3p ordinary

SWAP

Decreasing Short

17,792

1.8908 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,639

1.8939 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,248

1.8940 GBP

3 1/3p ordinary

SWAP

Decreasing Short

257

1.8949 GBP

3 1/3p ordinary

SWAP

Decreasing Short

12,186

1.8954 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,718

1.8975 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,700

1.8978 GBP

3 1/3p ordinary

SWAP

Decreasing Short

14,665

1.8995 GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,874

1.9000 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,633

1.9003 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,093

1.9005 GBP

3 1/3p ordinary

SWAP

Decreasing Short

400,000

1.9020 GBP

3 1/3p ordinary

SWAP

Decreasing Short

13

1.9039 GBP

3 1/3p ordinary

SWAP

Decreasing Short

15

1.9199 GBP

3 1/3p ordinary

SWAP

Increasing Short

63,910

1.8900 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,574

1.8909 GBP

3 1/3p ordinary

SWAP

Increasing Short

722

1.8918 GBP

3 1/3p ordinary

SWAP

Increasing Short

80,736

1.8947 GBP

3 1/3p ordinary

SWAP

Increasing Short

81,326

1.8958 GBP

3 1/3p ordinary

SWAP

Increasing Short

124,877

1.8964 GBP

3 1/3p ordinary

SWAP

Increasing Short

24,601

1.8966 GBP

3 1/3p ordinary

SWAP

Increasing Short

16,867

1.8967 GBP

3 1/3p ordinary

SWAP

Increasing Short

24,254

1.8969 GBP

3 1/3p ordinary

SWAP

Increasing Short

15,435

1.8979 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,413

1.9000 GBP

3 1/3p ordinary

SWAP

Increasing Short

739

1.9001 GBP

3 1/3p ordinary

SWAP

Increasing Short

12,607

1.9016 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,139

1.9025 GBP

3 1/3p ordinary

CFD

Increasing Short

8,970

1.9032 GBP

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

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 exempt principal trader 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:

26 Mar 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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