| 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 | |||||
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| 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 | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 13 Nov 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 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 40,611,192 | 7.02% | 1,182,809 | 0.20% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 728,898 | 0.13% | 39,674,830 | 6.86% |
| (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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| 41,340,090 | 7.14% | 40,857,639 | 7.06% |
| (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 | 22,468 | 1.6896 GBP | ||||
| 3 1/3p ordinary | Purchase | 17,011 | 1.6905 GBP | ||||
| 3 1/3p ordinary | Purchase | 11,976 | 1.6915 GBP | ||||
| 3 1/3p ordinary | Purchase | 4,074 | 1.6927 GBP | ||||
| 3 1/3p ordinary | Purchase | 2,057 | 1.6920 GBP | ||||
| 3 1/3p ordinary | Purchase | 1,004 | 1.6870 GBP | ||||
| 3 1/3p ordinary | Purchase | 596 | 1.7030 GBP | ||||
| 3 1/3p ordinary | Purchase | 336 | 1.6908 GBP | ||||
| 3 1/3p ordinary | Purchase | 2 | 1.6883 GBP | ||||
| 3 1/3p ordinary | Sale | 2,067,386 | 1.6870 GBP | ||||
| 3 1/3p ordinary | Sale | 96,298 | 1.6904 GBP | ||||
| 3 1/3p ordinary | Sale | 61,682 | 1.6884 GBP | ||||
| 3 1/3p ordinary | Sale | 58,856 | 1.6978 GBP | ||||
| 3 1/3p ordinary | Sale | 58,370 | 1.6878 GBP | ||||
| 3 1/3p ordinary | Sale | 35,375 | 1.7030 GBP | ||||
| 3 1/3p ordinary | Sale | 7,489 | 1.6871 GBP | ||||
| 3 1/3p ordinary | Sale | 5,020 | 1.6935 GBP | ||||
| 3 1/3p ordinary | Sale | 4,813 | 1.6862 GBP | ||||
| 3 1/3p ordinary | Sale | 2,057 | 1.7029 GBP | ||||
| 3 1/3p ordinary | Sale | 2,023 | 1.6909 GBP | ||||
| 3 1/3p ordinary | Sale | 1,662 | 1.6830 GBP | ||||
| 3 1/3p ordinary | Sale | 891 | 1.7031 GBP | ||||
| 3 1/3p ordinary | Sale | 524 | 1.6932 GBP | ||||
| 3 1/3p ordinary | Sale | 79 | 1.6840 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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| securities |
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| 3 1/3p ordinary | SWAP | Decreasing Short | 1,662 | 1.6830 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 46,700 | 1.6867 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,058,941 | 1.6870 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 58,370 | 1.6878 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 16,623 | 1.6892 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 39,883 | 1.6894 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,023 | 1.6909 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 5,020 | 1.6935 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 4,151 | 1.7002 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 8,344 | 1.7029 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 16,364 | 1.7030 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 729 | 1.6878 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 9,031 | 1.6879 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 159 | 1.6891 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 12,539 | 1.6900 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 737 | 1.6903 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 14,441 | 1.6905 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 11,976 | 1.6915 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,057 | 1.6920 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 4,074 | 1.6927 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 72 | 1.7030 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 12,553 | 1.6880 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 8,981 | 1.7030 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 48,930 | 1.6881 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 2,110 | 1.6892 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 2 | 1.6900 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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| paid/ |
| 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 | |||
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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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| applicable) | ||||
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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: | 14 Nov 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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