| 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: | 14 Aug 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: |
|
| 24,232,813 | 4.19% | 1,052,272 | 0.18% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 521,517 | 0.09% | 23,307,266 | 4.03% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 24,754,330 | 4.28% | 24,359,538 | 4.21% |
| (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 | 99,882 | 1.7542 GBP | ||||
| 3 1/3p ordinary | Purchase | 41,631 | 1.7486 GBP | ||||
| 3 1/3p ordinary | Purchase | 35,721 | 1.7500 GBP | ||||
| 3 1/3p ordinary | Purchase | 18,551 | 1.7499 GBP | ||||
| 3 1/3p ordinary | Purchase | 13,280 | 1.7482 GBP | ||||
| 3 1/3p ordinary | Purchase | 12,948 | 1.7483 GBP | ||||
| 3 1/3p ordinary | Purchase | 9,804 | 1.7453 GBP | ||||
| 3 1/3p ordinary | Purchase | 6,326 | 1.7449 GBP | ||||
| 3 1/3p ordinary | Purchase | 6,149 | 1.7419 GBP | ||||
| 3 1/3p ordinary | Purchase | 4,346 | 1.7411 GBP | ||||
| 3 1/3p ordinary | Purchase | 1,029 | 1.7430 GBP | ||||
| 3 1/3p ordinary | Purchase | 614 | 1.7432 GBP | ||||
| 3 1/3p ordinary | Purchase | 319 | 1.7399 GBP | ||||
| 3 1/3p ordinary | Purchase | 137 | 1.7487 GBP | ||||
| 3 1/3p ordinary | Purchase | 5 | 1.7420 GBP | ||||
| 3 1/3p ordinary | Purchase | 2 | 1.7540 GBP | ||||
| 3 1/3p ordinary | Purchase | 1 | 1.7460 GBP | ||||
| 3 1/3p ordinary | Sale | 88,806 | 1.7546 GBP | ||||
| 3 1/3p ordinary | Sale | 46,627 | 1.7500 GBP | ||||
| 3 1/3p ordinary | Sale | 22,087 | 1.7499 GBP | ||||
| 3 1/3p ordinary | Sale | 12,948 | 1.7483 GBP | ||||
| 3 1/3p ordinary | Sale | 11,215 | 1.7431 GBP | ||||
| 3 1/3p ordinary | Sale | 6,791 | 1.7473 GBP | ||||
| 3 1/3p ordinary | Sale | 3,393 | 1.7404 GBP | ||||
| 3 1/3p ordinary | Sale | 2,853 | 1.7451 GBP | ||||
| 3 1/3p ordinary | Sale | 2,355 | 1.7522 GBP | ||||
| 3 1/3p ordinary | Sale | 1,880 | 1.7430 GBP | ||||
| 3 1/3p ordinary | Sale | 1,038 | 1.7525 GBP | ||||
| 3 1/3p ordinary | Sale | 952 | 1.7501 GBP | ||||
| 3 1/3p ordinary | Sale | 319 | 1.7400 GBP | ||||
| 3 1/3p ordinary | Sale | 14 | 1.7370 GBP | ||||
| 3 1/3p ordinary | Sale | 5 | 1.7420 GBP | ||||
| 3 1/3p ordinary | Sale | 1 | 1.7541 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 | 13,074 | 1.7425 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1,816 | 1.7449 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 38,689 | 1.7500 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 28,937 | 1.7500 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 9,391 | 1.7437 GBP | |||
| 3 1/3p ordinary | SWAP | Opening Long | 10,463 | 1.7425 GBP | |||
| 3 1/3p ordinary | SWAP | Opening Short | 20,840 | 1.7498 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1,029 | 1.7430 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 6,611 | 1.7486 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 137 | 1.7487 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 9,804 | 1.7453 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,540 | 1.7499 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 6,326 | 1.7449 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1,867 | 1.7433 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 741 | 1.7436 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 6,149 | 1.7419 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 12,316 | 1.7480 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,171 | 1.7500 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: | 15 Aug 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
