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: | 24 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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| 45,372,401 | 7.84% | 932,495 | 0.16% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 503,063 | 0.09% | 44,974,391 | 7.77% |
(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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| 45,875,464 | 7.93% | 45,906,886 | 7.93% |
(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 | 79,399 | 1.8186 GBP | ||||
3 1/3p ordinary | Purchase | 35,517 | 1.8184 GBP | ||||
3 1/3p ordinary | Purchase | 29,482 | 1.8200 GBP | ||||
3 1/3p ordinary | Purchase | 21,424 | 1.8194 GBP | ||||
3 1/3p ordinary | Purchase | 19,526 | 1.8102 GBP | ||||
3 1/3p ordinary | Purchase | 17,130 | 1.8159 GBP | ||||
3 1/3p ordinary | Purchase | 16,834 | 1.8119 GBP | ||||
3 1/3p ordinary | Purchase | 8,073 | 1.8110 GBP | ||||
3 1/3p ordinary | Purchase | 5,575 | 1.8202 GBP | ||||
3 1/3p ordinary | Purchase | 5,112 | 1.8151 GBP | ||||
3 1/3p ordinary | Purchase | 3,361 | 1.8167 GBP | ||||
3 1/3p ordinary | Purchase | 2,915 | 1.8185 GBP | ||||
3 1/3p ordinary | Purchase | 1,706 | 1.8176 GBP | ||||
3 1/3p ordinary | Purchase | 1,244 | 1.8170 GBP | ||||
3 1/3p ordinary | Purchase | 1,165 | 1.8090 GBP | ||||
3 1/3p ordinary | Purchase | 699 | 1.8190 GBP | ||||
3 1/3p ordinary | Purchase | 692 | 1.8150 GBP | ||||
3 1/3p ordinary | Purchase | 433 | 1.8100 GBP | ||||
3 1/3p ordinary | Purchase | 287 | 1.8179 GBP | ||||
3 1/3p ordinary | Purchase | 253 | 1.8156 GBP | ||||
3 1/3p ordinary | Sale | 97,482 | 1.8200 GBP | ||||
3 1/3p ordinary | Sale | 55,996 | 1.8134 GBP | ||||
3 1/3p ordinary | Sale | 21,358 | 1.8114 GBP | ||||
3 1/3p ordinary | Sale | 13,981 | 1.8124 GBP | ||||
3 1/3p ordinary | Sale | 6,415 | 1.8145 GBP | ||||
3 1/3p ordinary | Sale | 4,984 | 1.8113 GBP | ||||
3 1/3p ordinary | Sale | 3,338 | 1.8156 GBP | ||||
3 1/3p ordinary | Sale | 2,324 | 1.8110 GBP | ||||
3 1/3p ordinary | Sale | 1,972 | 1.8125 GBP | ||||
3 1/3p ordinary | Sale | 1,054 | 1.8090 GBP | ||||
3 1/3p ordinary | Sale | 953 | 1.8170 GBP | ||||
3 1/3p ordinary | Sale | 938 | 1.8102 GBP | ||||
3 1/3p ordinary | Sale | 333 | 1.8199 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 | 4,984 | 1.8113 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 375 | 1.8115 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 46,066 | 1.8134 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 39,474 | 1.8145 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 40,678 | 1.8149 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1 | 1.8150 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,868 | 1.8158 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 349 | 1.8199 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 69,786 | 1.8200 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16,505 | 1.8101 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,021 | 1.8105 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 8,731 | 1.8110 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 16,834 | 1.8119 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,858 | 1.8128 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,613 | 1.8130 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 892 | 1.8131 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 253 | 1.8156 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 4,454 | 1.8157 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 17,130 | 1.8159 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,361 | 1.8167 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,706 | 1.8176 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 287 | 1.8179 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 69,771 | 1.8185 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 699 | 1.8190 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 9,628 | 1.8194 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 44,764 | 1.8200 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,575 | 1.8202 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 1,644 | 1.8104 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 6,642 | 1.8158 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: | 27 Jan 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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