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: | 20 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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| 36,926,000 | 6.38% | 475,140 | 0.08% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 182,197 | 0.03% | 35,224,859 | 6.09% |
(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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| 37,108,197 | 6.41% | 35,699,999 | 6.17% |
(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 | 506,756 | 1.7115 GBP | ||||
3 1/3p ordinary | Purchase | 327,344 | 1.7100 GBP | ||||
3 1/3p ordinary | Purchase | 317,154 | 1.7160 GBP | ||||
3 1/3p ordinary | Purchase | 213,087 | 1.7108 GBP | ||||
3 1/3p ordinary | Purchase | 200,000 | 1.7408 GBP | ||||
3 1/3p ordinary | Purchase | 200,000 | 1.7508 GBP | ||||
3 1/3p ordinary | Purchase | 157,594 | 1.7446 GBP | ||||
3 1/3p ordinary | Purchase | 124,115 | 1.7559 GBP | ||||
3 1/3p ordinary | Purchase | 71,355 | 1.7427 GBP | ||||
3 1/3p ordinary | Purchase | 71,260 | 1.7455 GBP | ||||
3 1/3p ordinary | Purchase | 60,671 | 1.7550 GBP | ||||
3 1/3p ordinary | Purchase | 50,000 | 1.7305 GBP | ||||
3 1/3p ordinary | Purchase | 47,434 | 1.7521 GBP | ||||
3 1/3p ordinary | Purchase | 31,900 | 1.7464 GBP | ||||
3 1/3p ordinary | Purchase | 30,217 | 1.7313 GBP | ||||
3 1/3p ordinary | Purchase | 22,044 | 1.7520 GBP | ||||
3 1/3p ordinary | Purchase | 16,165 | 1.7308 GBP | ||||
3 1/3p ordinary | Purchase | 12,259 | 1.7283 GBP | ||||
3 1/3p ordinary | Purchase | 11,918 | 1.7473 GBP | ||||
3 1/3p ordinary | Purchase | 8,235 | 1.7513 GBP | ||||
3 1/3p ordinary | Purchase | 7,252 | 1.7459 GBP | ||||
3 1/3p ordinary | Purchase | 7,143 | 1.7444 GBP | ||||
3 1/3p ordinary | Purchase | 7,096 | 1.7099 GBP | ||||
3 1/3p ordinary | Purchase | 5,779 | 1.7405 GBP | ||||
3 1/3p ordinary | Purchase | 5,676 | 1.7353 GBP | ||||
3 1/3p ordinary | Purchase | 4,194 | 1.7501 GBP | ||||
3 1/3p ordinary | Purchase | 3,699 | 1.7140 GBP | ||||
3 1/3p ordinary | Purchase | 3,076 | 1.7529 GBP | ||||
3 1/3p ordinary | Purchase | 1,856 | 1.7476 GBP | ||||
3 1/3p ordinary | Purchase | 1,441 | 1.7475 GBP | ||||
3 1/3p ordinary | Purchase | 648 | 1.7402 GBP | ||||
3 1/3p ordinary | Purchase | 100 | 1.7590 GBP | ||||
3 1/3p ordinary | Purchase | 3 | 1.7533 GBP | ||||
3 1/3p ordinary | Sale | 450,000 | 1.7291 GBP | ||||
3 1/3p ordinary | Sale | 149,838 | 1.7101 GBP | ||||
3 1/3p ordinary | Sale | 89,391 | 1.7100 GBP | ||||
3 1/3p ordinary | Sale | 58,858 | 1.7412 GBP | ||||
3 1/3p ordinary | Sale | 47,683 | 1.7370 GBP | ||||
3 1/3p ordinary | Sale | 32,117 | 1.7262 GBP | ||||
3 1/3p ordinary | Sale | 15,800 | 1.7104 GBP | ||||
3 1/3p ordinary | Sale | 3,699 | 1.7140 GBP | ||||
3 1/3p ordinary | Sale | 3,600 | 1.7205 GBP | ||||
3 1/3p ordinary | Sale | 3,076 | 1.7530 GBP | ||||
3 1/3p ordinary | Sale | 2,690 | 1.7459 GBP | ||||
3 1/3p ordinary | Sale | 2,100 | 1.7388 GBP | ||||
3 1/3p ordinary | Sale | 1,596 | 1.7348 GBP | ||||
3 1/3p ordinary | Sale | 1,164 | 1.7255 GBP | ||||
3 1/3p ordinary | Sale | 294 | 1.7420 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 | 4,501 | 1.7312 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 50 | 1.7100 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 15,800 | 1.7104 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 8,900 | 1.7173 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 32,117 | 1.7262 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,100 | 1.7388 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 41,676 | 1.7404 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 18,608 | 1.7413 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 141,236 | 1.7100 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 213,087 | 1.7108 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 217,329 | 1.7117 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 533 | 1.7224 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 30,217 | 1.7313 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,480 | 1.7337 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,676 | 1.7353 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,629 | 1.7354 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,500 | 1.7446 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 71,260 | 1.7455 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,252 | 1.7459 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 31,900 | 1.7464 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 15,471 | 1.7470 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,194 | 1.7501 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3 | 1.7544 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 124,115 | 1.7559 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 55,533 | 1.7100 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 3,111 | 1.7238 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 55,533 | 1.7100 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 3,577 | 1.7182 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 2,864 | 1.7575 GBP | |||
3 1/3p ordinary | SWAP | Opening Short | 50,000 | 1.7305 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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(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: | 23 Sep 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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