| 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 | |||||
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| 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 | ||||||
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| offeror/offeree: | ||||||
| (e) | Date position held/dealing undertaken: | 22 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 | ||||||
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| Interests | Short Positions | |||||
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| Number | (%) | Number | (%) | |||
| (1) | Relevant securities owned |
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| and/or controlled: |
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| 45,019,290 | 7.78% | 1,019,900 | 0.18% |
| (2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 528,150 | 0.09% | 44,621,280 | 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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| 45,547,440 | 7.87% | 45,641,180 | 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 | ||||
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| 3 1/3p ordinary | Purchase | 92,228 | 1.7810 GBP | ||||
| 3 1/3p ordinary | Purchase | 24,180 | 1.7811 GBP | ||||
| 3 1/3p ordinary | Purchase | 15,140 | 1.7883 GBP | ||||
| 3 1/3p ordinary | Purchase | 13,920 | 1.7859 GBP | ||||
| 3 1/3p ordinary | Purchase | 8,895 | 1.7828 GBP | ||||
| 3 1/3p ordinary | Purchase | 7,322 | 1.7867 GBP | ||||
| 3 1/3p ordinary | Purchase | 2,925 | 1.7856 GBP | ||||
| 3 1/3p ordinary | Purchase | 2,673 | 1.7839 GBP | ||||
| 3 1/3p ordinary | Purchase | 2,480 | 1.7890 GBP | ||||
| 3 1/3p ordinary | Purchase | 2,052 | 1.7864 GBP | ||||
| 3 1/3p ordinary | Purchase | 492 | 1.7760 GBP | ||||
| 3 1/3p ordinary | Purchase | 349 | 1.7780 GBP | ||||
| 3 1/3p ordinary | Purchase | 143 | 1.7809 GBP | ||||
| 3 1/3p ordinary | Purchase | 49 | 1.7835 GBP | ||||
| 3 1/3p ordinary | Purchase | 26 | 1.7756 GBP | ||||
| 3 1/3p ordinary | Sale | 24,345 | 1.7810 GBP | ||||
| 3 1/3p ordinary | Sale | 20,589 | 1.7846 GBP | ||||
| 3 1/3p ordinary | Sale | 19,299 | 1.7817 GBP | ||||
| 3 1/3p ordinary | Sale | 5,000 | 1.7894 GBP | ||||
| 3 1/3p ordinary | Sale | 3,172 | 1.7841 GBP | ||||
| 3 1/3p ordinary | Sale | 2,334 | 1.7809 GBP | ||||
| 3 1/3p ordinary | Sale | 1,233 | 1.7864 GBP | ||||
| 3 1/3p ordinary | Sale | 930 | 1.7755 GBP | ||||
| 3 1/3p ordinary | Sale | 812 | 1.7833 GBP | ||||
| 3 1/3p ordinary | Sale | 564 | 1.7771 GBP | ||||
| 3 1/3p ordinary | Sale | 349 | 1.7740 GBP | ||||
| 3 1/3p ordinary | Sale | 133 | 1.7821 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 |
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| securities |
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| 3 1/3p ordinary | SWAP | Decreasing Short | 564 | 1.7771 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,334 | 1.7809 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 8 | 1.7810 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 25,613 | 1.7824 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 25,681 | 1.7828 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 56 | 1.7859 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 55,415 | 1.7810 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 24,180 | 1.7811 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 3 | 1.7813 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1 | 1.7840 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,925 | 1.7856 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 13,920 | 1.7859 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 7,322 | 1.7867 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 203 | 1.7871 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 1,703 | 1.7881 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 15,140 | 1.7883 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,480 | 1.7890 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 9,001 | 1.7808 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 1,896 | 1.7781 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 6,807 | 1.7834 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 1,272 | 1.7891 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 5,000 | 1.7895 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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| paid/ |
| 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 | |||
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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 | ||||
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| applicable) | ||||
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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: | 23 Jan 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
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