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: | 07 Jan 2025 | |||||
(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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| 44,779,441 | 7.74% | 1,093,833 | 0.19% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 787,649 | 0.14% | 44,615,680 | 7.71% |
(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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| 45,567,090 | 7.87% | 45,709,513 | 7.90% |
(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 | 236,818 | 1.7309 GBP | ||||
3 1/3p ordinary | Purchase | 39,051 | 1.7326 GBP | ||||
3 1/3p ordinary | Purchase | 24,594 | 1.7323 GBP | ||||
3 1/3p ordinary | Purchase | 16,735 | 1.7314 GBP | ||||
3 1/3p ordinary | Purchase | 13,728 | 1.7300 GBP | ||||
3 1/3p ordinary | Purchase | 11,370 | 1.7241 GBP | ||||
3 1/3p ordinary | Purchase | 5,745 | 1.7294 GBP | ||||
3 1/3p ordinary | Purchase | 3,119 | 1.7337 GBP | ||||
3 1/3p ordinary | Purchase | 2,723 | 1.7304 GBP | ||||
3 1/3p ordinary | Purchase | 2,681 | 1.7292 GBP | ||||
3 1/3p ordinary | Purchase | 1,342 | 1.7303 GBP | ||||
3 1/3p ordinary | Purchase | 1,000 | 1.7330 GBP | ||||
3 1/3p ordinary | Purchase | 1,000 | 1.7328 GBP | ||||
3 1/3p ordinary | Purchase | 926 | 1.7295 GBP | ||||
3 1/3p ordinary | Purchase | 762 | 1.7351 GBP | ||||
3 1/3p ordinary | Purchase | 741 | 1.7438 GBP | ||||
3 1/3p ordinary | Purchase | 684 | 1.7230 GBP | ||||
3 1/3p ordinary | Purchase | 559 | 1.7256 GBP | ||||
3 1/3p ordinary | Purchase | 503 | 1.7343 GBP | ||||
3 1/3p ordinary | Purchase | 398 | 1.7240 GBP | ||||
3 1/3p ordinary | Purchase | 302 | 1.7315 GBP | ||||
3 1/3p ordinary | Purchase | 194 | 1.7320 GBP | ||||
3 1/3p ordinary | Purchase | 132 | 1.7210 GBP | ||||
3 1/3p ordinary | Purchase | 38 | 1.7390 GBP | ||||
3 1/3p ordinary | Sale | 64,525 | 1.7301 GBP | ||||
3 1/3p ordinary | Sale | 58,065 | 1.7292 GBP | ||||
3 1/3p ordinary | Sale | 29,302 | 1.7299 GBP | ||||
3 1/3p ordinary | Sale | 18,083 | 1.7300 GBP | ||||
3 1/3p ordinary | Sale | 13,586 | 1.7288 GBP | ||||
3 1/3p ordinary | Sale | 10,407 | 1.7296 GBP | ||||
3 1/3p ordinary | Sale | 9,815 | 1.7289 GBP | ||||
3 1/3p ordinary | Sale | 9,790 | 1.7294 GBP | ||||
3 1/3p ordinary | Sale | 6,810 | 1.7290 GBP | ||||
3 1/3p ordinary | Sale | 5,607 | 1.7280 GBP | ||||
3 1/3p ordinary | Sale | 4,351 | 1.7313 GBP | ||||
3 1/3p ordinary | Sale | 2,760 | 1.7291 GBP | ||||
3 1/3p ordinary | Sale | 2,600 | 1.7305 GBP | ||||
3 1/3p ordinary | Sale | 1,000 | 1.7330 GBP | ||||
3 1/3p ordinary | Sale | 398 | 1.7240 GBP | ||||
3 1/3p ordinary | Sale | 351 | 1.7235 GBP | ||||
3 1/3p ordinary | Sale | 20 | 1.7312 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 | 57,979 | 1.7288 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 6,859 | 1.7289 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 808 | 1.7290 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 44,896 | 1.7295 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 21,597 | 1.7299 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 17,651 | 1.7300 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 64,525 | 1.7301 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 260 | 1.7314 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 453 | 1.7235 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 11,370 | 1.7241 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5 | 1.7280 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2 | 1.7290 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,681 | 1.7291 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,100 | 1.7298 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 19,831 | 1.7300 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 200,000 | 1.7308 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 313 | 1.7309 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 144 | 1.7310 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16,735 | 1.7314 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 9,874 | 1.7315 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,002 | 1.7317 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 24,740 | 1.7323 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 39,051 | 1.7326 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,878 | 1.7349 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,247 | 1.7358 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 38 | 1.7391 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 1,488 | 1.7312 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 1,392 | 1.7431 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: | 08 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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