Form 8.3 -SPIRENT COMMUNICATIONS PLC

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:

17 Jan 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:

44,736,989

7.73%

1,029,662

0.18%

(2)

Cash-settled derivatives:

and/or controlled:

714,989

0.12%

44,578,083

7.70%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

45,451,978

7.85%

45,607,745

7.88%

(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

138,808

1.7641 GBP

3 1/3p ordinary

Purchase

77,273

1.7800 GBP

3 1/3p ordinary

Purchase

71,953

1.7640 GBP

3 1/3p ordinary

Purchase

71,390

1.7652 GBP

3 1/3p ordinary

Purchase

40,500

1.7646 GBP

3 1/3p ordinary

Purchase

5,438

1.7660 GBP

3 1/3p ordinary

Purchase

4,350

1.7695 GBP

3 1/3p ordinary

Purchase

3,088

1.7729 GBP

3 1/3p ordinary

Purchase

1,773

1.7711 GBP

3 1/3p ordinary

Purchase

1,344

1.7720 GBP

3 1/3p ordinary

Purchase

1,226

1.7690 GBP

3 1/3p ordinary

Purchase

13

1.7674 GBP

3 1/3p ordinary

Purchase

10

1.7680 GBP

3 1/3p ordinary

Sale

182,193

1.7642 GBP

3 1/3p ordinary

Sale

9,908

1.7669 GBP

3 1/3p ordinary

Sale

1,530

1.7663 GBP

3 1/3p ordinary

Sale

1,500

1.7684 GBP

3 1/3p ordinary

Sale

1,410

1.7700 GBP

3 1/3p ordinary

Sale

706

1.7705 GBP

3 1/3p ordinary

Sale

353

1.7660 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

Decreasing Short

6,584

1.7639 GBP

3 1/3p ordinary

SWAP

Decreasing Short

69,731

1.7642 GBP

3 1/3p ordinary

SWAP

Decreasing Short

109,967

1.7643 GBP

3 1/3p ordinary

SWAP

Decreasing Short

318

1.7669 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,410

1.7700 GBP

3 1/3p ordinary

SWAP

Increasing Short

197,997

1.7640 GBP

3 1/3p ordinary

SWAP

Increasing Short

50,308

1.7643 GBP

3 1/3p ordinary

SWAP

Increasing Short

40,500

1.7646 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,438

1.7660 GBP

3 1/3p ordinary

SWAP

Increasing Short

21,082

1.7672 GBP

3 1/3p ordinary

SWAP

Increasing Short

32

1.7678 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,893

1.7681 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,281

1.7689 GBP

3 1/3p ordinary

SWAP

Increasing Short

3

1.7693 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,352

1.7695 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,569

1.7705 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,773

1.7711 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,088

1.7730 GBP

3 1/3p ordinary

SWAP

Increasing Short

77,273

1.7800 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:

20 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213