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: | 09 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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| 45,320,640 | 7.83% | 1,003,898 | 0.17% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 688,667 | 0.12% | 45,158,964 | 7.80% |
(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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| 46,009,307 | 7.95% | 46,162,862 | 7.98% |
(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 | 646,400 | 1.7360 GBP | ||||
3 1/3p ordinary | Purchase | 147,716 | 1.7580 GBP | ||||
3 1/3p ordinary | Purchase | 60,458 | 1.7537 GBP | ||||
3 1/3p ordinary | Purchase | 22,915 | 1.7546 GBP | ||||
3 1/3p ordinary | Purchase | 3,906 | 1.7589 GBP | ||||
3 1/3p ordinary | Purchase | 3,799 | 1.7513 GBP | ||||
3 1/3p ordinary | Purchase | 3,600 | 1.7396 GBP | ||||
3 1/3p ordinary | Purchase | 3,376 | 1.7525 GBP | ||||
3 1/3p ordinary | Purchase | 3,326 | 1.7554 GBP | ||||
3 1/3p ordinary | Purchase | 1,504 | 1.7264 GBP | ||||
3 1/3p ordinary | Purchase | 1,139 | 1.7571 GBP | ||||
3 1/3p ordinary | Purchase | 876 | 1.7621 GBP | ||||
3 1/3p ordinary | Purchase | 188 | 1.7540 GBP | ||||
3 1/3p ordinary | Purchase | 145 | 1.7620 GBP | ||||
3 1/3p ordinary | Purchase | 7 | 1.7500 GBP | ||||
3 1/3p ordinary | Purchase | 1 | 1.7370 GBP | ||||
3 1/3p ordinary | Sale | 42,400 | 1.7198 GBP | ||||
3 1/3p ordinary | Sale | 35,507 | 1.7537 GBP | ||||
3 1/3p ordinary | Sale | 8,857 | 1.7283 GBP | ||||
3 1/3p ordinary | Sale | 8,534 | 1.7575 GBP | ||||
3 1/3p ordinary | Sale | 8,404 | 1.7404 GBP | ||||
3 1/3p ordinary | Sale | 8,141 | 1.7581 GBP | ||||
3 1/3p ordinary | Sale | 6,034 | 1.7578 GBP | ||||
3 1/3p ordinary | Sale | 3,797 | 1.7541 GBP | ||||
3 1/3p ordinary | Sale | 3,585 | 1.7530 GBP | ||||
3 1/3p ordinary | Sale | 3,530 | 1.7488 GBP | ||||
3 1/3p ordinary | Sale | 3,337 | 1.7564 GBP | ||||
3 1/3p ordinary | Sale | 3,171 | 1.7270 GBP | ||||
3 1/3p ordinary | Sale | 2,776 | 1.7582 GBP | ||||
3 1/3p ordinary | Sale | 2,501 | 1.7580 GBP | ||||
3 1/3p ordinary | Sale | 1,468 | 1.7361 GBP | ||||
3 1/3p ordinary | Sale | 1,454 | 1.7348 GBP | ||||
3 1/3p ordinary | Sale | 1,067 | 1.7399 GBP | ||||
3 1/3p ordinary | Sale | 959 | 1.7229 GBP | ||||
3 1/3p ordinary | Sale | 654 | 1.7484 GBP | ||||
3 1/3p ordinary | Sale | 320 | 1.7590 GBP | ||||
3 1/3p ordinary | Sale | 10 | 1.7600 GBP | ||||
3 1/3p ordinary | Sale | 9 | 1.7610 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 | 42,400 | 1.7198 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,241 | 1.7227 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 320 | 1.7269 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,171 | 1.7270 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 8,857 | 1.7283 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,468 | 1.7361 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,172 | 1.7380 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,067 | 1.7399 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 7,814 | 1.7404 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 654 | 1.7484 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,530 | 1.7488 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 32,394 | 1.7537 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,337 | 1.7564 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 32,500 | 1.7576 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,471 | 1.7579 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,504 | 1.7264 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 6,396 | 1.7355 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 646,400 | 1.7360 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,600 | 1.7396 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 306 | 1.7431 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2 | 1.7465 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 111 | 1.7469 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4 | 1.7497 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,799 | 1.7512 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16,419 | 1.7516 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,376 | 1.7524 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 22,915 | 1.7546 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,326 | 1.7554 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 946 | 1.7563 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 184,915 | 1.7580 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,922 | 1.7597 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 2,618 | 1.7410 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 381 | 1.7576 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: | 10 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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