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:

24 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:

45,372,401

7.84%

932,495

0.16%

(2)

Cash-settled derivatives:

and/or controlled:

503,063

0.09%

44,974,391

7.77%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

45,875,464

7.93%

45,906,886

7.93%

(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

79,399

1.8186 GBP

3 1/3p ordinary

Purchase

35,517

1.8184 GBP

3 1/3p ordinary

Purchase

29,482

1.8200 GBP

3 1/3p ordinary

Purchase

21,424

1.8194 GBP

3 1/3p ordinary

Purchase

19,526

1.8102 GBP

3 1/3p ordinary

Purchase

17,130

1.8159 GBP

3 1/3p ordinary

Purchase

16,834

1.8119 GBP

3 1/3p ordinary

Purchase

8,073

1.8110 GBP

3 1/3p ordinary

Purchase

5,575

1.8202 GBP

3 1/3p ordinary

Purchase

5,112

1.8151 GBP

3 1/3p ordinary

Purchase

3,361

1.8167 GBP

3 1/3p ordinary

Purchase

2,915

1.8185 GBP

3 1/3p ordinary

Purchase

1,706

1.8176 GBP

3 1/3p ordinary

Purchase

1,244

1.8170 GBP

3 1/3p ordinary

Purchase

1,165

1.8090 GBP

3 1/3p ordinary

Purchase

699

1.8190 GBP

3 1/3p ordinary

Purchase

692

1.8150 GBP

3 1/3p ordinary

Purchase

433

1.8100 GBP

3 1/3p ordinary

Purchase

287

1.8179 GBP

3 1/3p ordinary

Purchase

253

1.8156 GBP

3 1/3p ordinary

Sale

97,482

1.8200 GBP

3 1/3p ordinary

Sale

55,996

1.8134 GBP

3 1/3p ordinary

Sale

21,358

1.8114 GBP

3 1/3p ordinary

Sale

13,981

1.8124 GBP

3 1/3p ordinary

Sale

6,415

1.8145 GBP

3 1/3p ordinary

Sale

4,984

1.8113 GBP

3 1/3p ordinary

Sale

3,338

1.8156 GBP

3 1/3p ordinary

Sale

2,324

1.8110 GBP

3 1/3p ordinary

Sale

1,972

1.8125 GBP

3 1/3p ordinary

Sale

1,054

1.8090 GBP

3 1/3p ordinary

Sale

953

1.8170 GBP

3 1/3p ordinary

Sale

938

1.8102 GBP

3 1/3p ordinary

Sale

333

1.8199 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

4,984

1.8113 GBP

3 1/3p ordinary

SWAP

Decreasing Short

375

1.8115 GBP

3 1/3p ordinary

SWAP

Decreasing Short

46,066

1.8134 GBP

3 1/3p ordinary

SWAP

Decreasing Short

39,474

1.8145 GBP

3 1/3p ordinary

SWAP

Decreasing Short

40,678

1.8149 GBP

3 1/3p ordinary

SWAP

Decreasing Short

1

1.8150 GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,868

1.8158 GBP

3 1/3p ordinary

SWAP

Decreasing Short

349

1.8199 GBP

3 1/3p ordinary

SWAP

Decreasing Short

69,786

1.8200 GBP

3 1/3p ordinary

SWAP

Increasing Short

16,505

1.8101 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,021

1.8105 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,731

1.8110 GBP

3 1/3p ordinary

SWAP

Increasing Short

16,834

1.8119 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,858

1.8128 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,613

1.8130 GBP

3 1/3p ordinary

SWAP

Increasing Short

892

1.8131 GBP

3 1/3p ordinary

SWAP

Increasing Short

253

1.8156 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,454

1.8157 GBP

3 1/3p ordinary

SWAP

Increasing Short

17,130

1.8159 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,361

1.8167 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,706

1.8176 GBP

3 1/3p ordinary

SWAP

Increasing Short

287

1.8179 GBP

3 1/3p ordinary

SWAP

Increasing Short

69,771

1.8185 GBP

3 1/3p ordinary

SWAP

Increasing Short

699

1.8190 GBP

3 1/3p ordinary

SWAP

Increasing Short

9,628

1.8194 GBP

3 1/3p ordinary

SWAP

Increasing Short

44,764

1.8200 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,575

1.8202 GBP

3 1/3p ordinary

CFD

Increasing Short

1,644

1.8104 GBP

3 1/3p ordinary

CFD

Increasing Short

6,642

1.8158 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:

27 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213