Form 8.3 - Spirent Communications plc

Barclays PLC

08 March 2024

 

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:				07 Mar 2024
(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:			12,743,822	2.20%	495,992	0.09%
(2)	Cash-settled derivatives:
	and/or controlled:			424,613	0.07%	12,577,890	2.17%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,168,435	2.28%	13,073,882	2.26%
(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		2,953,148		1.7503  GBP
3 1/3p ordinary		Purchase		354,210		1.7515  GBP
3 1/3p ordinary		Purchase		196,136		1.7513  GBP
3 1/3p ordinary		Purchase		142,104		1.7528  GBP
3 1/3p ordinary		Purchase		130,605		1.7527  GBP
3 1/3p ordinary		Purchase		120,032		1.7517  GBP
3 1/3p ordinary		Purchase		94,411		1.7509  GBP
3 1/3p ordinary		Purchase		77,880		1.7538  GBP
3 1/3p ordinary		Purchase		58,658		1.7512  GBP
3 1/3p ordinary		Purchase		46,853		1.7500  GBP
3 1/3p ordinary		Purchase		34,439		1.7545  GBP
3 1/3p ordinary		Purchase		23,070		1.7505  GBP
3 1/3p ordinary		Purchase		15,881		1.7516  GBP
3 1/3p ordinary		Purchase		15,016		1.7530  GBP
3 1/3p ordinary		Purchase		13,050		1.7560  GBP
3 1/3p ordinary		Purchase		6,576		1.7499  GBP
3 1/3p ordinary		Purchase		5,409		1.7551  GBP
3 1/3p ordinary		Purchase		577		1.7525  GBP
3 1/3p ordinary		Purchase		124		1.7574  GBP
3 1/3p ordinary		Purchase		43		1.7580  GBP
3 1/3p ordinary		Purchase		26		1.7570  GBP
3 1/3p ordinary		Purchase		16		1.7558  GBP
3 1/3p ordinary		Purchase		3		1.7600  GBP
3 1/3p ordinary		Sale		2,730,940		1.7500  GBP
3 1/3p ordinary		Sale		780,439		1.7516  GBP
3 1/3p ordinary		Sale		159,648		1.7538  GBP
3 1/3p ordinary		Sale		100,778		1.7515  GBP
3 1/3p ordinary		Sale		99,151		1.7527  GBP
3 1/3p ordinary		Sale		55,927		1.7539  GBP
3 1/3p ordinary		Sale		51,364		1.7549  GBP
3 1/3p ordinary		Sale		42,693		1.7517  GBP
3 1/3p ordinary		Sale		40,428		1.7507  GBP
3 1/3p ordinary		Sale		15,371		1.7532  GBP
3 1/3p ordinary		Sale		13,858		1.7521  GBP
3 1/3p ordinary		Sale		2,989		1.7525  GBP
3 1/3p ordinary		Sale		2,645		1.7560  GBP
3 1/3p ordinary		Sale		1,896		1.7535  GBP
3 1/3p ordinary		Sale		1,525		1.7510  GBP
3 1/3p ordinary		Sale		1,430		1.7598  GBP
3 1/3p ordinary		Sale		67		1.7557  GBP
3 1/3p ordinary		Sale		43		1.7580  GBP
3 1/3p ordinary		Sale		26		1.7570  GBP
3 1/3p ordinary		Sale		26		1.7530  GBP
3 1/3p ordinary		Sale		12		1.7550  GBP
3 1/3p ordinary		Sale		3		1.7601  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		CFD		Closing Short		2,974	1.7500  GBP
3 1/3p ordinary		SWAP		Decreasing Short		486	1.7500  GBP
3 1/3p ordinary		SWAP		Decreasing Short		528	1.7580  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,228	1.7542  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,989	1.7525  GBP
3 1/3p ordinary		SWAP		Decreasing Short		12,382	1.7534  GBP
3 1/3p ordinary		SWAP		Decreasing Short		41,053	1.7539  GBP
3 1/3p ordinary		SWAP		Decreasing Short		91,382	1.7519  GBP
3 1/3p ordinary		SWAP		Decreasing Short		108,547	1.7523  GBP
3 1/3p ordinary		SWAP		Decreasing Short		768,408	1.7516  GBP
3 1/3p ordinary		SWAP		Increasing Short		264	1.7580  GBP
3 1/3p ordinary		SWAP		Increasing Short		550	1.7560  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,409	1.7551  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,594	1.7517  GBP
3 1/3p ordinary		SWAP		Increasing Short		15,881	1.7516  GBP
3 1/3p ordinary		SWAP		Increasing Short		34,439	1.7545  GBP
3 1/3p ordinary		SWAP		Increasing Short		43,851	1.7500  GBP
3 1/3p ordinary		SWAP		Increasing Short		77,880	1.7538  GBP
3 1/3p ordinary		SWAP		Increasing Short		506,536	1.7523  GBP
3 1/3p ordinary		SWAP		Increasing Short		783,866	1.7522  GBP
3 1/3p ordinary		SWAP		Opening Long		1,896	1.7535  GBP
3 1/3p ordinary		SWAP		Opening Long		2,149	1.7499  GBP
3 1/3p ordinary		CFD		Opening Long		2,974	1.7500  GBP
3 1/3p ordinary		CFD		Opening Long		5,704	1.7530  GBP
3 1/3p ordinary		SWAP		Opening Long		8,490	1.7528  GBP
3 1/3p ordinary		SWAP		Opening Long		29,789	1.7501  GBP
3 1/3p ordinary		CFD		Opening Long		211,012	1.7540  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:				08 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END