Form 8.3 - Spirent Communications plc

Barclays PLC

12 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:				11 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:			14,669,873	2.54%	463,496	0.08%
(2)	Cash-settled derivatives:
	and/or controlled:			392,175	0.07%	14,509,645	2.51%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			15,062,048	2.60%	14,973,141	2.59%
(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		608,199		1.7676  GBP
3 1/3p ordinary		Purchase		58,605		1.7677  GBP
3 1/3p ordinary		Purchase		27,496		1.7684  GBP
3 1/3p ordinary		Purchase		25,349		1.7678  GBP
3 1/3p ordinary		Purchase		24,235		1.7635  GBP
3 1/3p ordinary		Purchase		22,379		1.7708  GBP
3 1/3p ordinary		Purchase		14,194		1.7691  GBP
3 1/3p ordinary		Purchase		11,595		1.7664  GBP
3 1/3p ordinary		Purchase		10,374		1.7750  GBP
3 1/3p ordinary		Purchase		9,893		1.7672  GBP
3 1/3p ordinary		Purchase		8,264		1.7737  GBP
3 1/3p ordinary		Purchase		7,757		1.7697  GBP
3 1/3p ordinary		Purchase		7,686		1.7716  GBP
3 1/3p ordinary		Purchase		5,486		1.7721  GBP
3 1/3p ordinary		Purchase		3,249		1.7700  GBP
3 1/3p ordinary		Purchase		3,227		1.7618  GBP
3 1/3p ordinary		Purchase		2,608		1.7660  GBP
3 1/3p ordinary		Purchase		2,608		1.7659  GBP
3 1/3p ordinary		Purchase		2,360		1.7667  GBP
3 1/3p ordinary		Purchase		1,629		1.7740  GBP
3 1/3p ordinary		Purchase		1,095		1.7748  GBP
3 1/3p ordinary		Purchase		813		1.7610  GBP
3 1/3p ordinary		Purchase		358		1.7725  GBP
3 1/3p ordinary		Purchase		296		1.7730  GBP
3 1/3p ordinary		Purchase		42		1.7749  GBP
3 1/3p ordinary		Purchase		34		1.7690  GBP
3 1/3p ordinary		Sale		287,304		1.7741  GBP
3 1/3p ordinary		Sale		251,210		1.7722  GBP
3 1/3p ordinary		Sale		93,429		1.7750  GBP
3 1/3p ordinary		Sale		72,666		1.7643  GBP
3 1/3p ordinary		Sale		55,607		1.7605  GBP
3 1/3p ordinary		Sale		31,659		1.7668  GBP
3 1/3p ordinary		Sale		19,796		1.7610  GBP
3 1/3p ordinary		Sale		13,691		1.7642  GBP
3 1/3p ordinary		Sale		12,817		1.7748  GBP
3 1/3p ordinary		Sale		8,802		1.7666  GBP
3 1/3p ordinary		Sale		8,353		1.7703  GBP
3 1/3p ordinary		Sale		4,021		1.7740  GBP
3 1/3p ordinary		Sale		3,200		1.7678  GBP
3 1/3p ordinary		Sale		2,608		1.7660  GBP
3 1/3p ordinary		Sale		2,049		1.7655  GBP
3 1/3p ordinary		Sale		1,656		1.7600  GBP
3 1/3p ordinary		Sale		1,405		1.7690  GBP
3 1/3p ordinary		Sale		358		1.7726  GBP
3 1/3p ordinary		Sale		296		1.7730  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		Decreasing Long		34	1.7690  GBP
3 1/3p ordinary		SWAP		Decreasing Long		196	1.7610  GBP
3 1/3p ordinary		CFD		Decreasing Long		10,112	1.7750  GBP
3 1/3p ordinary		CFD		Decreasing Long		16,383	1.7691  GBP
3 1/3p ordinary		CFD		Decreasing Long		22,379	1.7708  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,634	1.7698  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,049	1.7655  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,200	1.7678  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,359	1.7699  GBP
3 1/3p ordinary		SWAP		Decreasing Short		19,723	1.7650  GBP
3 1/3p ordinary		SWAP		Decreasing Short		20,738	1.7684  GBP
3 1/3p ordinary		SWAP		Decreasing Short		36,820	1.7692  GBP
3 1/3p ordinary		SWAP		Decreasing Short		50,015	1.7605  GBP
3 1/3p ordinary		SWAP		Decreasing Short		72,666	1.7643  GBP
3 1/3p ordinary		SWAP		Decreasing Short		244,091	1.7750  GBP
3 1/3p ordinary		CFD		Increasing Long		5,621	1.7709  GBP
3 1/3p ordinary		CFD		Increasing Long		32,491	1.7750  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,629	1.7740  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,677	1.7700  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,608	1.7660  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,227	1.7618  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,757	1.7697  GBP
3 1/3p ordinary		SWAP		Increasing Short		87,473	1.7713  GBP
3 1/3p ordinary		SWAP		Increasing Short		89,891	1.7714  GBP
3 1/3p ordinary		SWAP		Increasing Short		250,000	1.7601  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:				12 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END