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:

30 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:

43,863,018

7.58%

883,594

0.15%

(2)

Cash-settled derivatives:

and/or controlled:

557,046

0.10%

43,491,601

7.52%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

44,420,064

7.68%

44,375,195

7.67%

(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

182,383

1.8150 GBP

3 1/3p ordinary

Purchase

34,986

1.8180 GBP

3 1/3p ordinary

Purchase

20,239

1.8147 GBP

3 1/3p ordinary

Purchase

19,194

1.8155 GBP

3 1/3p ordinary

Purchase

7,412

1.8149 GBP

3 1/3p ordinary

Purchase

6,573

1.8148 GBP

3 1/3p ordinary

Purchase

1,757

1.8175 GBP

3 1/3p ordinary

Purchase

1,582

1.8120 GBP

3 1/3p ordinary

Purchase

1,180

1.8143 GBP

3 1/3p ordinary

Purchase

908

1.8230 GBP

3 1/3p ordinary

Purchase

846

1.8145 GBP

3 1/3p ordinary

Purchase

799

1.8167 GBP

3 1/3p ordinary

Purchase

390

1.8134 GBP

3 1/3p ordinary

Purchase

71

1.8121 GBP

3 1/3p ordinary

Sale

132,252

1.8148 GBP

3 1/3p ordinary

Sale

67,932

1.8150 GBP

3 1/3p ordinary

Sale

14,790

1.8149 GBP

3 1/3p ordinary

Sale

13,814

1.8157 GBP

3 1/3p ordinary

Sale

12,201

1.8137 GBP

3 1/3p ordinary

Sale

9,257

1.8139 GBP

3 1/3p ordinary

Sale

5,500

1.8115 GBP

3 1/3p ordinary

Sale

3,685

1.8109 GBP

3 1/3p ordinary

Sale

2,116

1.8126 GBP

3 1/3p ordinary

Sale

2,009

1.8147 GBP

3 1/3p ordinary

Sale

1,258

1.8134 GBP

3 1/3p ordinary

Sale

817

1.8112 GBP

3 1/3p ordinary

Sale

653

1.8140 GBP

3 1/3p ordinary

Sale

636

1.8110 GBP

3 1/3p ordinary

Sale

71

1.8123 GBP

3 1/3p ordinary

Sale

5

1.8151 GBP

3 1/3p ordinary

Sale

4

1.8120 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

3,685

1.8109 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,500

1.8115 GBP

3 1/3p ordinary

SWAP

Decreasing Short

12,201

1.8137 GBP

3 1/3p ordinary

SWAP

Decreasing Short

9,257

1.8139 GBP

3 1/3p ordinary

SWAP

Decreasing Short

653

1.8140 GBP

3 1/3p ordinary

SWAP

Decreasing Short

86

1.8143 GBP

3 1/3p ordinary

SWAP

Decreasing Short

59,751

1.8147 GBP

3 1/3p ordinary

SWAP

Decreasing Short

14,790

1.8149 GBP

3 1/3p ordinary

SWAP

Decreasing Short

102,707

1.8150 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,582

1.8120 GBP

3 1/3p ordinary

SWAP

Increasing Short

75

1.8126 GBP

3 1/3p ordinary

SWAP

Increasing Short

1

1.8130 GBP

3 1/3p ordinary

SWAP

Increasing Short

2

1.8140 GBP

3 1/3p ordinary

SWAP

Increasing Short

203

1.8141 GBP

3 1/3p ordinary

SWAP

Increasing Short

1,180

1.8143 GBP

3 1/3p ordinary

SWAP

Increasing Short

25,265

1.8148 GBP

3 1/3p ordinary

SWAP

Increasing Short

108,337

1.8150 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,000

1.8151 GBP

3 1/3p ordinary

SWAP

Increasing Short

19,194

1.8155 GBP

3 1/3p ordinary

SWAP

Increasing Short

869

1.8160 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,987

1.8162 GBP

3 1/3p ordinary

SWAP

Increasing Short

799

1.8167 GBP

3 1/3p ordinary

SWAP

Increasing Short

34,986

1.8180 GBP

3 1/3p ordinary

SWAP

Increasing Short

908

1.8230 GBP

3 1/3p ordinary

CFD

Increasing Short

1,896

1.8161 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:

31 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213