| 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: | 26 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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| 42,313,512 | 7.31% | 1,353,916 | 0.23% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,012,671 | 0.18% | 41,415,616 | 7.16% |
| (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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| 43,326,183 | 7.49% | 42,769,532 | 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 | ||||
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| 3 1/3p ordinary | Purchase | 32,538 | 1.7150 GBP | ||||
| 3 1/3p ordinary | Purchase | 19,980 | 1.7130 GBP | ||||
| 3 1/3p ordinary | Purchase | 8,497 | 1.7143 GBP | ||||
| 3 1/3p ordinary | Purchase | 4,968 | 1.7303 GBP | ||||
| 3 1/3p ordinary | Purchase | 3,572 | 1.7247 GBP | ||||
| 3 1/3p ordinary | Purchase | 2,528 | 1.7180 GBP | ||||
| 3 1/3p ordinary | Purchase | 977 | 1.7272 GBP | ||||
| 3 1/3p ordinary | Purchase | 622 | 1.7360 GBP | ||||
| 3 1/3p ordinary | Purchase | 425 | 1.7217 GBP | ||||
| 3 1/3p ordinary | Purchase | 12 | 1.7160 GBP | ||||
| 3 1/3p ordinary | Purchase | 8 | 1.7185 GBP | ||||
| 3 1/3p ordinary | Sale | 73,603 | 1.7223 GBP | ||||
| 3 1/3p ordinary | Sale | 43,478 | 1.7130 GBP | ||||
| 3 1/3p ordinary | Sale | 23,313 | 1.7400 GBP | ||||
| 3 1/3p ordinary | Sale | 4,043 | 1.7272 GBP | ||||
| 3 1/3p ordinary | Sale | 3,137 | 1.7300 GBP | ||||
| 3 1/3p ordinary | Sale | 1,667 | 1.7338 GBP | ||||
| 3 1/3p ordinary | Sale | 911 | 1.7215 GBP | ||||
| 3 1/3p ordinary | Sale | 837 | 1.7129 GBP | ||||
| 3 1/3p ordinary | Sale | 710 | 1.7331 GBP | ||||
| 3 1/3p ordinary | Sale | 427 | 1.7403 GBP | ||||
| 3 1/3p ordinary | Sale | 388 | 1.7221 GBP | ||||
| 3 1/3p ordinary | Sale | 286 | 1.7395 GBP | ||||
| 3 1/3p ordinary | Sale | 131 | 1.7160 GBP | ||||
| 3 1/3p ordinary | Sale | 21 | 1.7190 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 | |||
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| securities |
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| 3 1/3p ordinary | SWAP | Decreasing Short | 837 | 1.7129 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 36,163 | 1.7130 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 100 | 1.7179 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 4,043 | 1.7272 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,420 | 1.7300 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 1,365 | 1.7319 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 710 | 1.7331 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 1,667 | 1.7338 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 23,313 | 1.7398 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 12,592 | 1.7130 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 287 | 1.7162 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 71 | 1.7163 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,516 | 1.7180 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 3,572 | 1.7247 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 748 | 1.7300 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 4,968 | 1.7303 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2 | 1.7310 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 851 | 1.7311 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1 | 1.7330 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 7,315 | 1.7130 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 664 | 1.7158 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 46,897 | 1.7263 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 15,733 | 1.7137 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 1,869 | 1.7279 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/ |
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| 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: | 27 Nov 2024 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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