1st Oct 2024 15:23
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 |
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| 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 |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 30 Sep 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO |
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| disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 3 1/3p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 38,501,522 | 6.65% | 483,819 | 0.08% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 161,338 | 0.03% | 37,153,423 | 6.42% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 38,662,860 | 6.68% | 37,637,242 | 6.50% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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3 1/3p ordinary | Purchase | 1,096,000 | 1.6973 GBP | ||||
3 1/3p ordinary | Purchase | 113,438 | 1.7039 GBP | ||||
3 1/3p ordinary | Purchase | 73,424 | 1.7050 GBP | ||||
3 1/3p ordinary | Purchase | 59,084 | 1.7036 GBP | ||||
3 1/3p ordinary | Purchase | 38,966 | 1.6988 GBP | ||||
3 1/3p ordinary | Purchase | 27,538 | 1.6906 GBP | ||||
3 1/3p ordinary | Purchase | 11,057 | 1.7060 GBP | ||||
3 1/3p ordinary | Purchase | 10,614 | 1.6987 GBP | ||||
3 1/3p ordinary | Purchase | 10,269 | 1.6942 GBP | ||||
3 1/3p ordinary | Purchase | 7,689 | 1.6984 GBP | ||||
3 1/3p ordinary | Purchase | 5,564 | 1.6884 GBP | ||||
3 1/3p ordinary | Purchase | 5,431 | 1.7059 GBP | ||||
3 1/3p ordinary | Purchase | 3,006 | 1.7000 GBP | ||||
3 1/3p ordinary | Purchase | 2,857 | 1.6962 GBP | ||||
3 1/3p ordinary | Purchase | 1,816 | 1.7034 GBP | ||||
3 1/3p ordinary | Purchase | 1,735 | 1.6958 GBP | ||||
3 1/3p ordinary | Purchase | 46 | 1.6960 GBP | ||||
3 1/3p ordinary | Purchase | 26 | 1.6996 GBP | ||||
3 1/3p ordinary | Purchase | 18 | 1.6981 GBP | ||||
3 1/3p ordinary | Purchase | 10 | 1.7020 GBP | ||||
3 1/3p ordinary | Purchase | 2 | 1.6940 GBP | ||||
3 1/3p ordinary | Purchase | 1 | 1.6980 GBP | ||||
3 1/3p ordinary | Sale | 134,035 | 1.7033 GBP | ||||
3 1/3p ordinary | Sale | 128,394 | 1.7046 GBP | ||||
3 1/3p ordinary | Sale | 16,115 | 1.7060 GBP | ||||
3 1/3p ordinary | Sale | 15,100 | 1.6972 GBP | ||||
3 1/3p ordinary | Sale | 12,811 | 1.6998 GBP | ||||
3 1/3p ordinary | Sale | 9,757 | 1.6961 GBP | ||||
3 1/3p ordinary | Sale | 7,363 | 1.6950 GBP | ||||
3 1/3p ordinary | Sale | 2,728 | 1.6974 GBP | ||||
3 1/3p ordinary | Sale | 1,826 | 1.6999 GBP | ||||
3 1/3p ordinary | Sale | 755 | 1.7000 GBP | ||||
3 1/3p ordinary | Sale | 644 | 1.7020 GBP | ||||
3 1/3p ordinary | Sale | 103 | 1.6980 GBP | ||||
3 1/3p ordinary | Sale | 46 | 1.6960 GBP | ||||
3 1/3p ordinary | Sale | 14 | 1.7019 GBP | ||||
3 1/3p ordinary | Sale | 11 | 1.6956 GBP | ||||
3 1/3p ordinary | Sale | 2 | 1.6940 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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3 1/3p ordinary | SWAP | Decreasing Short | 16 | 1.6912 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 7,111 | 1.6953 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 9,757 | 1.6961 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,300 | 1.6970 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 15,100 | 1.6972 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 831 | 1.6985 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 26,011 | 1.7002 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 95,962 | 1.7060 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,564 | 1.6884 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 19,277 | 1.6906 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,097 | 1.6967 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,362 | 1.6970 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 783,000 | 1.6973 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,259 | 1.6977 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,410 | 1.6980 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 10,614 | 1.6987 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 38,966 | 1.6988 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,255 | 1.7000 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,816 | 1.7034 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 73,424 | 1.7050 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 42,269 | 1.7055 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,305 | 1.7060 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 7,646 | 1.7016 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 15,021 | 1.7058 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 10,111 | 1.7003 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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| securities | unit | |||
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 01 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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