10th Oct 2024 15:10
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: | 09 Oct 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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| 39,816,364 | 6.88% | 606,186 | 0.10% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 251,430 | 0.04% | 38,772,229 | 6.70% |
(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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| 40,067,794 | 6.92% | 39,378,415 | 6.81% |
(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 | 166,219 | 1.7552 GBP | ||||
3 1/3p ordinary | Purchase | 50,900 | 1.7533 GBP | ||||
3 1/3p ordinary | Purchase | 41,936 | 1.7538 GBP | ||||
3 1/3p ordinary | Purchase | 37,679 | 1.7604 GBP | ||||
3 1/3p ordinary | Purchase | 34,472 | 1.7445 GBP | ||||
3 1/3p ordinary | Purchase | 30,034 | 1.7440 GBP | ||||
3 1/3p ordinary | Purchase | 24,233 | 1.7529 GBP | ||||
3 1/3p ordinary | Purchase | 22,450 | 1.7600 GBP | ||||
3 1/3p ordinary | Purchase | 12,849 | 1.7392 GBP | ||||
3 1/3p ordinary | Purchase | 10,697 | 1.7500 GBP | ||||
3 1/3p ordinary | Purchase | 6,005 | 1.7480 GBP | ||||
3 1/3p ordinary | Purchase | 5,683 | 1.7300 GBP | ||||
3 1/3p ordinary | Purchase | 4,272 | 1.7288 GBP | ||||
3 1/3p ordinary | Purchase | 3,258 | 1.7430 GBP | ||||
3 1/3p ordinary | Purchase | 2,761 | 1.7455 GBP | ||||
3 1/3p ordinary | Purchase | 2,463 | 1.7495 GBP | ||||
3 1/3p ordinary | Purchase | 1,433 | 1.7307 GBP | ||||
3 1/3p ordinary | Purchase | 1,013 | 1.7427 GBP | ||||
3 1/3p ordinary | Purchase | 154 | 1.7260 GBP | ||||
3 1/3p ordinary | Purchase | 113 | 1.7295 GBP | ||||
3 1/3p ordinary | Sale | 44,188 | 1.7600 GBP | ||||
3 1/3p ordinary | Sale | 13,675 | 1.7544 GBP | ||||
3 1/3p ordinary | Sale | 11,060 | 1.7641 GBP | ||||
3 1/3p ordinary | Sale | 10,694 | 1.7616 GBP | ||||
3 1/3p ordinary | Sale | 7,075 | 1.7300 GBP | ||||
3 1/3p ordinary | Sale | 6,730 | 1.7399 GBP | ||||
3 1/3p ordinary | Sale | 3,908 | 1.7500 GBP | ||||
3 1/3p ordinary | Sale | 3,258 | 1.7430 GBP | ||||
3 1/3p ordinary | Sale | 2,706 | 1.7422 GBP | ||||
3 1/3p ordinary | Sale | 2,387 | 1.7393 GBP | ||||
3 1/3p ordinary | Sale | 2,133 | 1.7619 GBP | ||||
3 1/3p ordinary | Sale | 1,589 | 1.7269 GBP | ||||
3 1/3p ordinary | Sale | 1,429 | 1.7599 GBP | ||||
3 1/3p ordinary | Sale | 185 | 1.7299 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 | 1,589 | 1.7269 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 185 | 1.7299 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,387 | 1.7393 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 6,730 | 1.7399 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,706 | 1.7422 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 13,675 | 1.7544 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,429 | 1.7599 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 10,694 | 1.7616 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,133 | 1.7619 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 11,060 | 1.7641 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,433 | 1.7307 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 21,744 | 1.7373 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 22,974 | 1.7410 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,013 | 1.7427 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,586 | 1.7484 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 58,548 | 1.7487 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,021 | 1.7488 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,811 | 1.7504 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 24,233 | 1.7529 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 50,900 | 1.7533 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 41,936 | 1.7538 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,237 | 1.7553 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 41,786 | 1.7585 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 348 | 1.7593 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 55,915 | 1.7600 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 37,679 | 1.7604 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 3,204 | 1.7577 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 34,472 | 1.7445 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: | 10 Oct 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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