| 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: | 14 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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| 42,528,443 | 7.35% | 1,270,625 | 0.22% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 795,261 | 0.14% | 41,518,225 | 7.18% |
| (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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| 43,323,704 | 7.49% | 42,788,850 | 7.39% |
| (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 | 47,375 | 1.7222 GBP | ||||
| 3 1/3p ordinary | Purchase | 12,003 | 1.7230 GBP | ||||
| 3 1/3p ordinary | Purchase | 5,468 | 1.7229 GBP | ||||
| 3 1/3p ordinary | Purchase | 4,500 | 1.7130 GBP | ||||
| 3 1/3p ordinary | Purchase | 1,573 | 1.7250 GBP | ||||
| 3 1/3p ordinary | Purchase | 686 | 1.7210 GBP | ||||
| 3 1/3p ordinary | Purchase | 555 | 1.7170 GBP | ||||
| 3 1/3p ordinary | Purchase | 537 | 1.7235 GBP | ||||
| 3 1/3p ordinary | Purchase | 508 | 1.7220 GBP | ||||
| 3 1/3p ordinary | Purchase | 119 | 1.7245 GBP | ||||
| 3 1/3p ordinary | Purchase | 67 | 1.7240 GBP | ||||
| 3 1/3p ordinary | Sale | 88,618 | 1.7230 GBP | ||||
| 3 1/3p ordinary | Sale | 64,735 | 1.7186 GBP | ||||
| 3 1/3p ordinary | Sale | 35,693 | 1.7225 GBP | ||||
| 3 1/3p ordinary | Sale | 33,423 | 1.7206 GBP | ||||
| 3 1/3p ordinary | Sale | 13,598 | 1.7074 GBP | ||||
| 3 1/3p ordinary | Sale | 9,128 | 1.7249 GBP | ||||
| 3 1/3p ordinary | Sale | 9,052 | 1.7172 GBP | ||||
| 3 1/3p ordinary | Sale | 8,518 | 1.7216 GBP | ||||
| 3 1/3p ordinary | Sale | 7,107 | 1.7228 GBP | ||||
| 3 1/3p ordinary | Sale | 6,723 | 1.7171 GBP | ||||
| 3 1/3p ordinary | Sale | 5,409 | 1.7224 GBP | ||||
| 3 1/3p ordinary | Sale | 4,918 | 1.7227 GBP | ||||
| 3 1/3p ordinary | Sale | 4,764 | 1.7235 GBP | ||||
| 3 1/3p ordinary | Sale | 3,174 | 1.7210 GBP | ||||
| 3 1/3p ordinary | Sale | 3,100 | 1.7043 GBP | ||||
| 3 1/3p ordinary | Sale | 3,025 | 1.7200 GBP | ||||
| 3 1/3p ordinary | Sale | 1,153 | 1.7070 GBP | ||||
| 3 1/3p ordinary | Sale | 662 | 1.7232 GBP | ||||
| 3 1/3p ordinary | Sale | 97 | 1.7229 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 | 3,100 | 1.7043 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 13,598 | 1.7074 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 6,298 | 1.7183 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 9,365 | 1.7194 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 31,405 | 1.7206 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 32,862 | 1.7213 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 8,518 | 1.7216 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 801 | 1.7219 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 5,409 | 1.7224 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 3,719 | 1.7227 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 7,107 | 1.7228 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 10,275 | 1.7229 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 5,024 | 1.7230 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,058,941 | 1.6870 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 4,500 | 1.7130 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 14,182 | 1.7230 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 23,132 | 1.7231 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 156 | 1.7241 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1,573 | 1.7250 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 61,682 | 1.6885 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 22,500 | 1.6898 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 14,928 | 1.6937 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 15,684 | 1.7028 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 63,934 | 1.7184 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 14,788 | 1.7226 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 8,856 | 1.7230 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 1,509 | 1.7232 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 6,515 | 1.7170 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 9,395 | 1.7231 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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| 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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| 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: | 15 Nov 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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