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: | 27 Dec 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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| 44,369,485 | 7.67% | 1,413,158 | 0.24% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 1,118,955 | 0.19% | 44,219,102 | 7.64% |
(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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| 45,488,440 | 7.86% | 45,632,260 | 7.89% |
(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 | 27,246 | 1.7700 GBP | ||||
3 1/3p ordinary | Purchase | 17,309 | 1.7703 GBP | ||||
3 1/3p ordinary | Purchase | 6,346 | 1.7714 GBP | ||||
3 1/3p ordinary | Purchase | 6,153 | 1.7718 GBP | ||||
3 1/3p ordinary | Purchase | 5,809 | 1.7735 GBP | ||||
3 1/3p ordinary | Purchase | 2,119 | 1.7751 GBP | ||||
3 1/3p ordinary | Purchase | 2,091 | 1.7737 GBP | ||||
3 1/3p ordinary | Purchase | 1,228 | 1.7778 GBP | ||||
3 1/3p ordinary | Purchase | 1,090 | 1.7762 GBP | ||||
3 1/3p ordinary | Purchase | 821 | 1.7753 GBP | ||||
3 1/3p ordinary | Purchase | 689 | 1.7690 GBP | ||||
3 1/3p ordinary | Purchase | 680 | 1.7786 GBP | ||||
3 1/3p ordinary | Purchase | 594 | 1.7705 GBP | ||||
3 1/3p ordinary | Purchase | 470 | 1.7742 GBP | ||||
3 1/3p ordinary | Purchase | 391 | 1.7800 GBP | ||||
3 1/3p ordinary | Purchase | 387 | 1.7715 GBP | ||||
3 1/3p ordinary | Purchase | 369 | 1.7720 GBP | ||||
3 1/3p ordinary | Purchase | 351 | 1.7760 GBP | ||||
3 1/3p ordinary | Purchase | 332 | 1.7805 GBP | ||||
3 1/3p ordinary | Purchase | 330 | 1.7770 GBP | ||||
3 1/3p ordinary | Sale | 25,421 | 1.7715 GBP | ||||
3 1/3p ordinary | Sale | 17,162 | 1.7700 GBP | ||||
3 1/3p ordinary | Sale | 11,179 | 1.7702 GBP | ||||
3 1/3p ordinary | Sale | 9,277 | 1.7711 GBP | ||||
3 1/3p ordinary | Sale | 7,094 | 1.7730 GBP | ||||
3 1/3p ordinary | Sale | 5,024 | 1.7706 GBP | ||||
3 1/3p ordinary | Sale | 4,601 | 1.7767 GBP | ||||
3 1/3p ordinary | Sale | 3,732 | 1.7699 GBP | ||||
3 1/3p ordinary | Sale | 599 | 1.7698 GBP | ||||
3 1/3p ordinary | Sale | 451 | 1.7820 GBP | ||||
3 1/3p ordinary | Sale | 391 | 1.7800 GBP | ||||
3 1/3p ordinary | Sale | 369 | 1.7720 GBP | ||||
3 1/3p ordinary | Sale | 335 | 1.7760 GBP | ||||
3 1/3p ordinary | Sale | 330 | 1.7770 GBP | ||||
3 1/3p ordinary | Sale | 292 | 1.7744 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 | 599 | 1.7698 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,732 | 1.7699 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 17,162 | 1.7700 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 11,179 | 1.7702 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,024 | 1.7706 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 9,277 | 1.7711 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 7,094 | 1.7730 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 292 | 1.7744 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,601 | 1.7767 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,019 | 1.7693 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,808 | 1.7700 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,551 | 1.7703 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,113 | 1.7712 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16,315 | 1.7717 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,809 | 1.7735 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,091 | 1.7737 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 170 | 1.7777 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 683 | 1.7778 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 5,229 | 1.7712 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 379 | 1.7762 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: | 30 Dec 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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