Source - LSE Regulatory
RNS Number : 6291S
Barclays PLC
08 January 2025
 

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

 

 

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

 

 

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

 

 

 

disclosures in respect of any other party to the offer?

 

 

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 

 

to which the disclosure relates following the dealing(if any)

 

Class of relevant security:

3 1/3p ordinary

 

Interests

Short Positions

 

Number

(%)

Number

(%)

(1)

Relevant securities owned

 

 

 

 

 

and/or controlled:

 

 

44,779,441

7.74%

1,093,833

0.19%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

787,649

0.14%

44,615,680

7.71%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

45,567,090

7.87%

45,709,513

7.90%

(b)

Rights to subscribe for new securities (including directors and other executive

 

 

options)

 

 

 

 

 

 

Class of relevant security in relation to

 

 

 

 

which subscription right exists

 

 

 

 

Details, including nature of the rights

 

 

 

 

concerned and relevant percentages:

 

 

 

 

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

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

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

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

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding,

 

 

formal or informal, relating to relevant securities which may be an inducement to deal

 

 

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

 

to the offer or any person acting in concert with a party to the offer:

 

 

 

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between

 

 

the person making the disclosure and any other person relating to:

 

 

(i)  the voting rights of any relevant securities under any option; or

 

 

 

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

 

 

any derivative is referenced:

 

 

 

 

 

 

NONE

(c)

Attachments

 

 

 

 

 

 

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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