Form 8.3 - SPIRENT COMMUNICATIONS PLC

Barclays PLC
04 April 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:

03 Apr 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:

 

 

13,550,356

2.34%

335,454

0.06%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

288,216

0.05%

13,370,804

2.31%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

13,838,572

2.39%

13,706,258

2.37%

(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

186,242

1.9729  GBP

3 1/3p ordinary

Purchase

160,366

1.9800  GBP

3 1/3p ordinary

Purchase

116,322

1.9763  GBP

3 1/3p ordinary

Purchase

115,150

1.9734  GBP

3 1/3p ordinary

Purchase

80,070

1.9730  GBP

3 1/3p ordinary

Purchase

36,761

1.9712  GBP

3 1/3p ordinary

Purchase

23,921

1.9694  GBP

3 1/3p ordinary

Purchase

14,273

1.9731  GBP

3 1/3p ordinary

Purchase

11,454

1.9765  GBP

3 1/3p ordinary

Purchase

9,170

1.9780  GBP

3 1/3p ordinary

Purchase

8,954

1.9733  GBP

3 1/3p ordinary

Purchase

8,237

1.9642  GBP

3 1/3p ordinary

Purchase

7,228

1.9670  GBP

3 1/3p ordinary

Purchase

6,023

1.9710  GBP

3 1/3p ordinary

Purchase

5,391

1.9732  GBP

3 1/3p ordinary

Purchase

5,136

1.9757  GBP

3 1/3p ordinary

Purchase

3,941

1.9760  GBP

3 1/3p ordinary

Purchase

2,820

1.9850  GBP

3 1/3p ordinary

Purchase

2,577

1.9790  GBP

3 1/3p ordinary

Purchase

2,279

1.9700  GBP

3 1/3p ordinary

Purchase

1,984

1.9750  GBP

3 1/3p ordinary

Purchase

1,933

1.9610  GBP

3 1/3p ordinary

Purchase

1,857

1.9630  GBP

3 1/3p ordinary

Purchase

1,303

1.9600  GBP

3 1/3p ordinary

Purchase

991

1.9770  GBP

3 1/3p ordinary

Purchase

303

1.9794  GBP

3 1/3p ordinary

Purchase

291

1.9791  GBP

3 1/3p ordinary

Purchase

261

1.9620  GBP

3 1/3p ordinary

Sale

183,306

1.9845  GBP

3 1/3p ordinary

Sale

171,490

1.9800  GBP

3 1/3p ordinary

Sale

113,078

1.9746  GBP

3 1/3p ordinary

Sale

93,663

1.9715  GBP

3 1/3p ordinary

Sale

19,654

1.9752  GBP

3 1/3p ordinary

Sale

14,053

1.9710  GBP

3 1/3p ordinary

Sale

8,754

1.9739  GBP

3 1/3p ordinary

Sale

8,600

1.9727  GBP

3 1/3p ordinary

Sale

7,428

1.9780  GBP

3 1/3p ordinary

Sale

6,104

1.9626  GBP

3 1/3p ordinary

Sale

5,114

1.9670  GBP

3 1/3p ordinary

Sale

4,953

1.9718  GBP

3 1/3p ordinary

Sale

3,514

1.9760  GBP

3 1/3p ordinary

Sale

3,382

1.9735  GBP

3 1/3p ordinary

Sale

3,362

1.9717  GBP

3 1/3p ordinary

Sale

3,291

1.9650  GBP

3 1/3p ordinary

Sale

2,820

1.9850  GBP

3 1/3p ordinary

Sale

2,577

1.9790  GBP

3 1/3p ordinary

Sale

2,279

1.9700  GBP

3 1/3p ordinary

Sale

2,079

1.9665  GBP

3 1/3p ordinary

Sale

2,032

1.9720  GBP

3 1/3p ordinary

Sale

1,984

1.9750  GBP

3 1/3p ordinary

Sale

1,933

1.9610  GBP

3 1/3p ordinary

Sale

1,857

1.9630  GBP

3 1/3p ordinary

Sale

1,842

1.9635  GBP

3 1/3p ordinary

Sale

1,732

1.9777  GBP

3 1/3p ordinary

Sale

1,303

1.9600  GBP

3 1/3p ordinary

Sale

991

1.9770  GBP

3 1/3p ordinary

Sale

713

1.9660  GBP

3 1/3p ordinary

Sale

546

1.9680  GBP

3 1/3p ordinary

Sale

409

1.9560  GBP

3 1/3p ordinary

Sale

378

1.9614  GBP

3 1/3p ordinary

Sale

348

1.9705  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 Short

546

1.9680  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,188

1.9714  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,178

1.9741  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,382

1.9735  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,155

1.9707  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,380

1.9712  GBP

3 1/3p ordinary

CFD

Decreasing Short

8,030

1.9710  GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,600

1.9727  GBP

3 1/3p ordinary

CFD

Decreasing Short

11,476

1.9680  GBP

3 1/3p ordinary

SWAP

Decreasing Short

19,312

1.9695  GBP

3 1/3p ordinary

CFD

Decreasing Short

34,568

1.9737  GBP

3 1/3p ordinary

SWAP

Decreasing Short

42,563

1.9800  GBP

3 1/3p ordinary

SWAP

Decreasing Short

93,663

1.9715  GBP

3 1/3p ordinary

SWAP

Decreasing Short

108,263

1.9898  GBP

3 1/3p ordinary

SWAP

Decreasing Short

121,137

1.9746  GBP

3 1/3p ordinary

SWAP

Increasing Short

261

1.9620  GBP

3 1/3p ordinary

SWAP

Increasing Short

427

1.9760  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,136

1.9757  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,391

1.9732  GBP

3 1/3p ordinary

CFD

Increasing Short

8,092

1.9800  GBP

3 1/3p ordinary

SWAP

Increasing Short

80,070

1.9730  GBP

3 1/3p ordinary

SWAP

Increasing Short

88,088

1.9734  GBP

3 1/3p ordinary

SWAP

Increasing Short

160,952

1.9724  GBP

3 1/3p ordinary

SWAP

Increasing Short

167,361

1.9725  GBP

3 1/3p ordinary

SWAP

Opening Short

1,292

1.9694  GBP

3 1/3p ordinary

SWAP

Opening Short

62,927

1.9763  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:

04 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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