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:

23 Jul 2024

(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:

21,553,458

3.72%

717,225

0.12%

(2)

Cash-settled derivatives:

and/or controlled:

387,299

0.07%

21,136,393

3.65%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,940,757

3.79%

21,853,618

3.78%

(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

241,803

1.7468 GBP

3 1/3p ordinary

Purchase

127,608

1.7476 GBP

3 1/3p ordinary

Purchase

78,815

1.7453 GBP

3 1/3p ordinary

Purchase

28,258

1.7439 GBP

3 1/3p ordinary

Purchase

20,030

1.7464 GBP

3 1/3p ordinary

Purchase

15,400

1.7463 GBP

3 1/3p ordinary

Purchase

15,063

1.7409 GBP

3 1/3p ordinary

Purchase

11,472

1.7470 GBP

3 1/3p ordinary

Purchase

8,211

1.7467 GBP

3 1/3p ordinary

Purchase

5,736

1.7473 GBP

3 1/3p ordinary

Purchase

4,872

1.7395 GBP

3 1/3p ordinary

Purchase

4,506

1.7425 GBP

3 1/3p ordinary

Purchase

4,363

1.7416 GBP

3 1/3p ordinary

Purchase

3,457

1.7440 GBP

3 1/3p ordinary

Purchase

2,718

1.7450 GBP

3 1/3p ordinary

Purchase

2,314

1.7400 GBP

3 1/3p ordinary

Purchase

1,607

1.7415 GBP

3 1/3p ordinary

Purchase

1,477

1.7480 GBP

3 1/3p ordinary

Sale

127,608

1.7476 GBP

3 1/3p ordinary

Sale

32,725

1.7412 GBP

3 1/3p ordinary

Sale

30,072

1.7456 GBP

3 1/3p ordinary

Sale

28,259

1.7440 GBP

3 1/3p ordinary

Sale

20,353

1.7444 GBP

3 1/3p ordinary

Sale

5,859

1.7473 GBP

3 1/3p ordinary

Sale

3,551

1.7435 GBP

3 1/3p ordinary

Sale

2,718

1.7450 GBP

3 1/3p ordinary

Sale

2,718

1.7451 GBP

3 1/3p ordinary

Sale

1,608

1.7380 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

Increasing Long

5,876

1.7436 GBP

3 1/3p ordinary

SWAP

Increasing Long

1

1.7440 GBP

3 1/3p ordinary

SWAP

Opening Short

173,627

1.7473 GBP

3 1/3p ordinary

CFD

Increasing Short

16,772

1.7441 GBP

3 1/3p ordinary

CFD

Increasing Short

4,190

1.7481 GBP

3 1/3p ordinary

SWAP

Increasing Short

28,021

1.7464 GBP

3 1/3p ordinary

SWAP

Opening Long

14,477

1.7447 GBP

3 1/3p ordinary

SWAP

Decreasing Long

3,457

1.7440 GBP

3 1/3p ordinary

SWAP

Closing Long

9,588

1.7442 GBP

3 1/3p ordinary

SWAP

Increasing Short

437

1.7462 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,598

1.7480 GBP

3 1/3p ordinary

SWAP

Increasing Short

15,400

1.7463 GBP

3 1/3p ordinary

SWAP

Decreasing Short

30,072

1.7456 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,040

1.7440 GBP

3 1/3p ordinary

SWAP

Increasing Short

78,815

1.7453 GBP

3 1/3p ordinary

SWAP

Increasing Short

4,413

1.7458 GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,859

1.7473 GBP

3 1/3p ordinary

SWAP

Increasing Short

11,472

1.7470 GBP

3 1/3p ordinary

SWAP

Increasing Short

7,237

1.7465 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,511

1.7466 GBP

3 1/3p ordinary

SWAP

Increasing Short

556

1.7440 GBP

3 1/3p ordinary

SWAP

Increasing Short

20,030

1.7464 GBP

3 1/3p ordinary

SWAP

Increasing Short

3,237

1.7467 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:

24 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213