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: | 08 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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| 44,669,172 | 7.72% | 1,105,271 | 0.19% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 789,981 | 0.14% | 44,504,963 | 7.69% |
(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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| 45,459,153 | 7.86% | 45,610,234 | 7.88% |
(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 | 74,800 | 1.7201 GBP | ||||
3 1/3p ordinary | Purchase | 48,000 | 1.7200 GBP | ||||
3 1/3p ordinary | Purchase | 46,409 | 1.7232 GBP | ||||
3 1/3p ordinary | Purchase | 11,878 | 1.7360 GBP | ||||
3 1/3p ordinary | Purchase | 7,429 | 1.7291 GBP | ||||
3 1/3p ordinary | Purchase | 5,100 | 1.7341 GBP | ||||
3 1/3p ordinary | Purchase | 1,539 | 1.7371 GBP | ||||
3 1/3p ordinary | Purchase | 1,164 | 1.7359 GBP | ||||
3 1/3p ordinary | Purchase | 826 | 1.7256 GBP | ||||
3 1/3p ordinary | Purchase | 744 | 1.7318 GBP | ||||
3 1/3p ordinary | Purchase | 682 | 1.7354 GBP | ||||
3 1/3p ordinary | Purchase | 347 | 1.7349 GBP | ||||
3 1/3p ordinary | Purchase | 309 | 1.7350 GBP | ||||
3 1/3p ordinary | Purchase | 275 | 1.7274 GBP | ||||
3 1/3p ordinary | Purchase | 137 | 1.7365 GBP | ||||
3 1/3p ordinary | Purchase | 124 | 1.7357 GBP | ||||
3 1/3p ordinary | Purchase | 93 | 1.7348 GBP | ||||
3 1/3p ordinary | Purchase | 66 | 1.7370 GBP | ||||
3 1/3p ordinary | Purchase | 38 | 1.7310 GBP | ||||
3 1/3p ordinary | Purchase | 12 | 1.7358 GBP | ||||
3 1/3p ordinary | Sale | 64,780 | 1.7200 GBP | ||||
3 1/3p ordinary | Sale | 61,016 | 1.7206 GBP | ||||
3 1/3p ordinary | Sale | 55,845 | 1.7213 GBP | ||||
3 1/3p ordinary | Sale | 30,122 | 1.7319 GBP | ||||
3 1/3p ordinary | Sale | 25,818 | 1.7342 GBP | ||||
3 1/3p ordinary | Sale | 16,991 | 1.7283 GBP | ||||
3 1/3p ordinary | Sale | 14,275 | 1.7249 GBP | ||||
3 1/3p ordinary | Sale | 10,935 | 1.7309 GBP | ||||
3 1/3p ordinary | Sale | 7,427 | 1.7203 GBP | ||||
3 1/3p ordinary | Sale | 4,406 | 1.7256 GBP | ||||
3 1/3p ordinary | Sale | 3,976 | 1.7311 GBP | ||||
3 1/3p ordinary | Sale | 3,950 | 1.7298 GBP | ||||
3 1/3p ordinary | Sale | 3,794 | 1.7276 GBP | ||||
3 1/3p ordinary | Sale | 3,340 | 1.7363 GBP | ||||
3 1/3p ordinary | Sale | 3,237 | 1.7350 GBP | ||||
3 1/3p ordinary | Sale | 3,203 | 1.7349 GBP | ||||
3 1/3p ordinary | Sale | 3,178 | 1.7284 GBP | ||||
3 1/3p ordinary | Sale | 2,385 | 1.7289 GBP | ||||
3 1/3p ordinary | Sale | 1,236 | 1.7328 GBP | ||||
3 1/3p ordinary | Sale | 645 | 1.7345 GBP | ||||
3 1/3p ordinary | Sale | 595 | 1.7361 GBP | ||||
3 1/3p ordinary | Sale | 403 | 1.7340 GBP | ||||
3 1/3p ordinary | Sale | 66 | 1.7371 GBP | ||||
3 1/3p ordinary | Sale | 56 | 1.7300 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 | 741 | 1.7199 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 64,709 | 1.7200 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 59,210 | 1.7202 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 300 | 1.7229 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 14,275 | 1.7249 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 42,102 | 1.7252 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 42,407 | 1.7253 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,208 | 1.7263 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,794 | 1.7276 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 16,991 | 1.7283 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 30,122 | 1.7320 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 10,570 | 1.7323 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 645 | 1.7345 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,203 | 1.7349 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 69,645 | 1.7200 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 74,800 | 1.7201 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6 | 1.7250 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 66 | 1.7251 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,078 | 1.7260 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 275 | 1.7274 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,429 | 1.7290 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 422 | 1.7303 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 588 | 1.7307 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,893 | 1.7340 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,100 | 1.7341 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 124 | 1.7357 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,876 | 1.7360 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 368 | 1.7371 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 6,058 | 1.7281 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 1,578 | 1.7358 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 10,194 | 1.7201 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: | 09 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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