| 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: | 17 Mar 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: |
|
| 43,293,283 | 7.48% | 1,260,329 | 0.22% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 219,671 | 0.04% | 43,150,098 | 7.46% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 43,512,954 | 7.52% | 44,410,427 | 7.67% |
| (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 | 96,361 | 1.8833 GBP | ||||
| 3 1/3p ordinary | Purchase | 34,643 | 1.8830 GBP | ||||
| 3 1/3p ordinary | Purchase | 12,685 | 1.8859 GBP | ||||
| 3 1/3p ordinary | Purchase | 7,336 | 1.8846 GBP | ||||
| 3 1/3p ordinary | Purchase | 7,104 | 1.8834 GBP | ||||
| 3 1/3p ordinary | Purchase | 5,501 | 1.8858 GBP | ||||
| 3 1/3p ordinary | Purchase | 4,816 | 1.8848 GBP | ||||
| 3 1/3p ordinary | Purchase | 1,251 | 1.8850 GBP | ||||
| 3 1/3p ordinary | Purchase | 1,020 | 1.8854 GBP | ||||
| 3 1/3p ordinary | Purchase | 982 | 1.8800 GBP | ||||
| 3 1/3p ordinary | Purchase | 567 | 1.8810 GBP | ||||
| 3 1/3p ordinary | Purchase | 395 | 1.8840 GBP | ||||
| 3 1/3p ordinary | Purchase | 167 | 1.8845 GBP | ||||
| 3 1/3p ordinary | Sale | 906,196 | 1.8840 GBP | ||||
| 3 1/3p ordinary | Sale | 145,172 | 1.8828 GBP | ||||
| 3 1/3p ordinary | Sale | 82,927 | 1.8843 GBP | ||||
| 3 1/3p ordinary | Sale | 28,717 | 1.8845 GBP | ||||
| 3 1/3p ordinary | Sale | 22,965 | 1.8837 GBP | ||||
| 3 1/3p ordinary | Sale | 13,802 | 1.8832 GBP | ||||
| 3 1/3p ordinary | Sale | 13,781 | 1.8831 GBP | ||||
| 3 1/3p ordinary | Sale | 10,082 | 1.8830 GBP | ||||
| 3 1/3p ordinary | Sale | 7,204 | 1.8839 GBP | ||||
| 3 1/3p ordinary | Sale | 6,237 | 1.8850 GBP | ||||
| 3 1/3p ordinary | Sale | 1,767 | 1.8859 GBP | ||||
| 3 1/3p ordinary | Sale | 1,342 | 1.8849 GBP | ||||
| 3 1/3p ordinary | Sale | 1,062 | 1.8834 GBP | ||||
| 3 1/3p ordinary | Sale | 865 | 1.8851 GBP | ||||
| 3 1/3p ordinary | Sale | 721 | 1.8854 GBP | ||||
| 3 1/3p ordinary | Sale | 556 | 1.8880 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 | Increasing Short | 9,221 | 1.8832 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,460 | 1.8827 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 145,172 | 1.8828 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 541 | 1.8829 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 13,781 | 1.8831 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 500 | 1.8833 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 22,965 | 1.8837 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 7,204 | 1.8839 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 905,716 | 1.8840 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 17,847 | 1.8843 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 167 | 1.8845 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 1,653 | 1.8847 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 10,204 | 1.8848 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 3,849 | 1.8850 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 865 | 1.8851 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 318 | 1.8856 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 6,553 | 1.8829 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 46,205 | 1.8830 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 10,116 | 1.8837 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 395 | 1.8840 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 4,816 | 1.8848 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 159 | 1.8850 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 17,405 | 1.8837 GBP | |||
| 3 1/3p ordinary | CFD | Increasing Short | 6,634 | 1.8841 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: | 18 Mar 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
