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:

21 Aug 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:

22,159,481

3.81%

3,341,682

0.58%

(2)

Cash-settled derivatives:

3,242,265

0.56%

22,044,679

3.79%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

25,401,746

4.37%

25,386,361

4.37%

(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)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

3 1/3p ordinary

Purchase

774,603

1.9622 GBP

3 1/3p ordinary

Purchase

534,777

1.9500 GBP

3 1/3p ordinary

Purchase

188,027

1.9623 GBP

3 1/3p ordinary

Purchase

113,036

1.9620 GBP

3 1/3p ordinary

Purchase

84,647

1.9560 GBP

3 1/3p ordinary

Purchase

41,678

1.9613 GBP

3 1/3p ordinary

Purchase

23,816

1.9612 GBP

3 1/3p ordinary

Purchase

2,851

1.9640 GBP

3 1/3p ordinary

Purchase

1,959

1.9588 GBP

3 1/3p ordinary

Purchase

596

1.9580 GBP

3 1/3p ordinary

Purchase

521

1.9600 GBP

3 1/3p ordinary

Purchase

76

1.9520 GBP

3 1/3p ordinary

Purchase

21

1.9510 GBP

3 1/3p ordinary

Sale

262,650

1.9613 GBP

3 1/3p ordinary

Sale

200,000

1.9490 GBP

3 1/3p ordinary

Sale

190,000

1.9623 GBP

3 1/3p ordinary

Sale

180,000

1.9550 GBP

3 1/3p ordinary

Sale

125,169

1.9593 GBP

3 1/3p ordinary

Sale

100,754

1.9591 GBP

3 1/3p ordinary

Sale

96,003

1.9596 GBP

3 1/3p ordinary

Sale

89,953

1.9560 GBP

3 1/3p ordinary

Sale

67,526

1.9611 GBP

3 1/3p ordinary

Sale

62,250

1.9498 GBP

3 1/3p ordinary

Sale

54,992

1.9555 GBP

3 1/3p ordinary

Sale

45,994

1.9621 GBP

3 1/3p ordinary

Sale

45,598

1.9618 GBP

3 1/3p ordinary

Sale

45,272

1.9620 GBP

3 1/3p ordinary

Sale

22,359

1.9567 GBP

3 1/3p ordinary

Sale

16,150

1.9595 GBP

3 1/3p ordinary

Sale

12,405

1.9589 GBP

3 1/3p ordinary

Sale

8,715

1.9574 GBP

3 1/3p ordinary

Sale

8,150

1.9570 GBP

3 1/3p ordinary

Sale

4,086

1.9577 GBP

3 1/3p ordinary

Sale

3,381

1.9600 GBP

3 1/3p ordinary

Sale

2,534

1.9604 GBP

3 1/3p ordinary

Sale

1,934

1.9615 GBP

3 1/3p ordinary

Sale

1,756

1.9640 GBP

3 1/3p ordinary

Sale

1,492

1.9564 GBP

3 1/3p ordinary

Sale

1,354

1.9580 GBP

3 1/3p ordinary

Sale

817

1.9520 GBP

3 1/3p ordinary

Sale

447

1.9510 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

5,067

1.9575 GBP

3 1/3p ordinary

SWAP

Decreasing Short

62,250

1.9498 GBP

3 1/3p ordinary

SWAP

Decreasing Short

380,000

1.9518 GBP

3 1/3p ordinary

SWAP

Decreasing Short

41,960

1.9535 GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,666

1.9556 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,415

1.9576 GBP

3 1/3p ordinary

SWAP

Decreasing Short

826

1.9577 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,183

1.9580 GBP

3 1/3p ordinary

SWAP

Decreasing Short

94,596

1.9591 GBP

3 1/3p ordinary

SWAP

Decreasing Short

189,285

1.9593 GBP

3 1/3p ordinary

SWAP

Decreasing Short

556

1.9594 GBP

3 1/3p ordinary

SWAP

Decreasing Short

969

1.9595 GBP

3 1/3p ordinary

SWAP

Decreasing Short

96,003

1.9596 GBP

3 1/3p ordinary

SWAP

Decreasing Short

989

1.9597 GBP

3 1/3p ordinary

SWAP

Decreasing Short

34,753

1.9613 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,934

1.9615 GBP

3 1/3p ordinary

SWAP

Decreasing Short

261,790

1.9618 GBP

3 1/3p ordinary

SWAP

Decreasing Short

21,721

1.9620 GBP

3 1/3p ordinary

SWAP

Increasing Short

534,777

1.9500 GBP

3 1/3p ordinary

SWAP

Increasing Short

21

1.9510 GBP

3 1/3p ordinary

SWAP

Increasing Short

164

1.9563 GBP

3 1/3p ordinary

SWAP

Increasing Short

319

1.9564 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,230

1.9586 GBP

3 1/3p ordinary

SWAP

Increasing Short

392

1.9587 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,567

1.9588 GBP

3 1/3p ordinary

SWAP

Increasing Short

250

1.9600 GBP

3 1/3p ordinary

SWAP

Increasing Short

23,816

1.9612 GBP

3 1/3p ordinary

SWAP

Increasing Short

62,575

1.9620 GBP

3 1/3p ordinary

SWAP

Increasing Short

774,603

1.9622 GBP

3 1/3p ordinary

CFD

Decreasing Short

49,103

1.9562 GBP

3 1/3p ordinary

CFD

Decreasing Short

7,808

1.9581 GBP

3 1/3p ordinary

CFD

Increasing Short

16,345

1.9621 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)

Exercise

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:

22 Aug 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213