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: |
12 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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14,512,122 |
2.51% |
353,372 |
0.06% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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288,207 |
0.05% |
14,304,060 |
2.47% |
(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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14,800,329 |
2.56% |
14,657,432 |
2.53% |
(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 |
98,674 |
1.9626 GBP |
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3 1/3p ordinary |
Purchase |
80,014 |
1.9645 GBP |
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3 1/3p ordinary |
Purchase |
62,406 |
1.9638 GBP |
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3 1/3p ordinary |
Purchase |
57,676 |
1.9634 GBP |
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3 1/3p ordinary |
Purchase |
33,388 |
1.9651 GBP |
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3 1/3p ordinary |
Purchase |
32,406 |
1.9653 GBP |
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3 1/3p ordinary |
Purchase |
30,293 |
1.9646 GBP |
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3 1/3p ordinary |
Purchase |
27,864 |
1.9660 GBP |
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3 1/3p ordinary |
Purchase |
25,015 |
1.9612 GBP |
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3 1/3p ordinary |
Purchase |
22,082 |
1.9663 GBP |
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3 1/3p ordinary |
Purchase |
20,218 |
1.9630 GBP |
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3 1/3p ordinary |
Purchase |
14,817 |
1.9656 GBP |
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3 1/3p ordinary |
Purchase |
14,340 |
1.9631 GBP |
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3 1/3p ordinary |
Purchase |
13,552 |
1.9628 GBP |
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3 1/3p ordinary |
Purchase |
12,517 |
1.9623 GBP |
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3 1/3p ordinary |
Purchase |
10,324 |
1.9664 GBP |
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3 1/3p ordinary |
Purchase |
5,257 |
1.9650 GBP |
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3 1/3p ordinary |
Purchase |
3,289 |
1.9620 GBP |
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3 1/3p ordinary |
Purchase |
3,275 |
1.9661 GBP |
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3 1/3p ordinary |
Purchase |
2,333 |
1.9618 GBP |
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3 1/3p ordinary |
Purchase |
1,551 |
1.9686 GBP |
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3 1/3p ordinary |
Purchase |
1,304 |
1.9680 GBP |
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3 1/3p ordinary |
Purchase |
627 |
1.9666 GBP |
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3 1/3p ordinary |
Purchase |
92 |
1.9598 GBP |
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3 1/3p ordinary |
Sale |
191,570 |
1.9636 GBP |
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3 1/3p ordinary |
Sale |
49,750 |
1.9630 GBP |
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3 1/3p ordinary |
Sale |
42,860 |
1.9660 GBP |
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3 1/3p ordinary |
Sale |
42,630 |
1.9643 GBP |
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3 1/3p ordinary |
Sale |
25,905 |
1.9650 GBP |
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3 1/3p ordinary |
Sale |
15,192 |
1.9661 GBP |
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3 1/3p ordinary |
Sale |
7,627 |
1.9665 GBP |
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3 1/3p ordinary |
Sale |
5,041 |
1.9656 GBP |
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3 1/3p ordinary |
Sale |
4,821 |
1.9666 GBP |
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3 1/3p ordinary |
Sale |
3,949 |
1.9653 GBP |
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3 1/3p ordinary |
Sale |
3,103 |
1.9662 GBP |
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3 1/3p ordinary |
Sale |
3,086 |
1.9645 GBP |
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3 1/3p ordinary |
Sale |
2,967 |
1.9640 GBP |
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3 1/3p ordinary |
Sale |
2,095 |
1.9642 GBP |
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3 1/3p ordinary |
Sale |
1,551 |
1.9688 GBP |
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3 1/3p ordinary |
Sale |
1,304 |
1.9680 GBP |
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3 1/3p ordinary |
Sale |
1,000 |
1.9664 GBP |
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3 1/3p ordinary |
Sale |
105 |
1.9669 GBP |
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3 1/3p ordinary |
Sale |
92 |
1.9600 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 |
105 |
1.9669 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
633 |
1.9656 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,470 |
1.9660 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
2,840 |
1.9654 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
2,967 |
1.9640 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
4,358 |
1.9663 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
5,378 |
1.9670 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
11,614 |
1.9650 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
15,154 |
1.9660 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
18,793 |
1.9636 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
38,107 |
1.9644 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
38,480 |
1.9644 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
627 |
1.9666 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,366 |
1.9663 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
4,658 |
1.9630 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
4,679 |
1.9629 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
8,872 |
1.9662 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
11,466 |
1.9658 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
13,623 |
1.9660 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
25,015 |
1.9612 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
30,293 |
1.9646 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
98,674 |
1.9626 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
116,572 |
1.9654 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: |
15 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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