FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
SPIRENT COMMUNICATIONS PLC |
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relevant securities this form relates: |
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(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: |
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(e) |
Date position held/dealing undertaken: |
03 Apr 2024 |
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(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 |
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(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 |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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13,550,356 |
2.34% |
335,454 |
0.06% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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288,216 |
0.05% |
13,370,804 |
2.31% |
(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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13,838,572 |
2.39% |
13,706,258 |
2.37% |
(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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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3 1/3p ordinary |
Purchase |
186,242 |
1.9729 GBP |
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3 1/3p ordinary |
Purchase |
160,366 |
1.9800 GBP |
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3 1/3p ordinary |
Purchase |
116,322 |
1.9763 GBP |
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3 1/3p ordinary |
Purchase |
115,150 |
1.9734 GBP |
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3 1/3p ordinary |
Purchase |
80,070 |
1.9730 GBP |
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3 1/3p ordinary |
Purchase |
36,761 |
1.9712 GBP |
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3 1/3p ordinary |
Purchase |
23,921 |
1.9694 GBP |
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3 1/3p ordinary |
Purchase |
14,273 |
1.9731 GBP |
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3 1/3p ordinary |
Purchase |
11,454 |
1.9765 GBP |
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3 1/3p ordinary |
Purchase |
9,170 |
1.9780 GBP |
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3 1/3p ordinary |
Purchase |
8,954 |
1.9733 GBP |
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3 1/3p ordinary |
Purchase |
8,237 |
1.9642 GBP |
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3 1/3p ordinary |
Purchase |
7,228 |
1.9670 GBP |
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3 1/3p ordinary |
Purchase |
6,023 |
1.9710 GBP |
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3 1/3p ordinary |
Purchase |
5,391 |
1.9732 GBP |
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3 1/3p ordinary |
Purchase |
5,136 |
1.9757 GBP |
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3 1/3p ordinary |
Purchase |
3,941 |
1.9760 GBP |
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3 1/3p ordinary |
Purchase |
2,820 |
1.9850 GBP |
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3 1/3p ordinary |
Purchase |
2,577 |
1.9790 GBP |
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3 1/3p ordinary |
Purchase |
2,279 |
1.9700 GBP |
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3 1/3p ordinary |
Purchase |
1,984 |
1.9750 GBP |
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3 1/3p ordinary |
Purchase |
1,933 |
1.9610 GBP |
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3 1/3p ordinary |
Purchase |
1,857 |
1.9630 GBP |
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3 1/3p ordinary |
Purchase |
1,303 |
1.9600 GBP |
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3 1/3p ordinary |
Purchase |
991 |
1.9770 GBP |
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3 1/3p ordinary |
Purchase |
303 |
1.9794 GBP |
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3 1/3p ordinary |
Purchase |
291 |
1.9791 GBP |
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3 1/3p ordinary |
Purchase |
261 |
1.9620 GBP |
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3 1/3p ordinary |
Sale |
183,306 |
1.9845 GBP |
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3 1/3p ordinary |
Sale |
171,490 |
1.9800 GBP |
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3 1/3p ordinary |
Sale |
113,078 |
1.9746 GBP |
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3 1/3p ordinary |
Sale |
93,663 |
1.9715 GBP |
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3 1/3p ordinary |
Sale |
19,654 |
1.9752 GBP |
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3 1/3p ordinary |
Sale |
14,053 |
1.9710 GBP |
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3 1/3p ordinary |
Sale |
8,754 |
1.9739 GBP |
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3 1/3p ordinary |
Sale |
8,600 |
1.9727 GBP |
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3 1/3p ordinary |
Sale |
7,428 |
1.9780 GBP |
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3 1/3p ordinary |
Sale |
6,104 |
1.9626 GBP |
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3 1/3p ordinary |
Sale |
5,114 |
1.9670 GBP |
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3 1/3p ordinary |
Sale |
4,953 |
1.9718 GBP |
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3 1/3p ordinary |
Sale |
3,514 |
1.9760 GBP |
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3 1/3p ordinary |
Sale |
3,382 |
1.9735 GBP |
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3 1/3p ordinary |
Sale |
3,362 |
1.9717 GBP |
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3 1/3p ordinary |
Sale |
3,291 |
1.9650 GBP |
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3 1/3p ordinary |
Sale |
2,820 |
1.9850 GBP |
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3 1/3p ordinary |
Sale |
2,577 |
1.9790 GBP |
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3 1/3p ordinary |
Sale |
2,279 |
1.9700 GBP |
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3 1/3p ordinary |
Sale |
2,079 |
1.9665 GBP |
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3 1/3p ordinary |
Sale |
2,032 |
1.9720 GBP |
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3 1/3p ordinary |
Sale |
1,984 |
1.9750 GBP |
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3 1/3p ordinary |
Sale |
1,933 |
1.9610 GBP |
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3 1/3p ordinary |
Sale |
1,857 |
1.9630 GBP |
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3 1/3p ordinary |
Sale |
1,842 |
1.9635 GBP |
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3 1/3p ordinary |
Sale |
1,732 |
1.9777 GBP |
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3 1/3p ordinary |
Sale |
1,303 |
1.9600 GBP |
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3 1/3p ordinary |
Sale |
991 |
1.9770 GBP |
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3 1/3p ordinary |
Sale |
713 |
1.9660 GBP |
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3 1/3p ordinary |
Sale |
546 |
1.9680 GBP |
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3 1/3p ordinary |
Sale |
409 |
1.9560 GBP |
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3 1/3p ordinary |
Sale |
378 |
1.9614 GBP |
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3 1/3p ordinary |
Sale |
348 |
1.9705 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
546 |
1.9680 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,188 |
1.9714 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
2,178 |
1.9741 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
3,382 |
1.9735 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
4,155 |
1.9707 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
4,380 |
1.9712 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
8,030 |
1.9710 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
8,600 |
1.9727 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
11,476 |
1.9680 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
19,312 |
1.9695 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
34,568 |
1.9737 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
42,563 |
1.9800 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
93,663 |
1.9715 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
108,263 |
1.9898 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
121,137 |
1.9746 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
261 |
1.9620 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
427 |
1.9760 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
5,136 |
1.9757 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
5,391 |
1.9732 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
8,092 |
1.9800 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
80,070 |
1.9730 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
88,088 |
1.9734 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
160,952 |
1.9724 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
167,361 |
1.9725 GBP |
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3 1/3p ordinary |
SWAP |
Opening Short |
1,292 |
1.9694 GBP |
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3 1/3p ordinary |
SWAP |
Opening Short |
62,927 |
1.9763 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 |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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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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security |
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securities |
unit |
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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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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
04 Apr 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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