Form 8.3 - SPIRENT COMMUNICATIONS PLC

Barclays PLC
15 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:

12 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:

 

 

14,512,122

2.51%

353,372

0.06%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

288,207

0.05%

14,304,060

2.47%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

14,800,329

2.56%

14,657,432

2.53%

(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

98,674

1.9626  GBP

3 1/3p ordinary

Purchase

80,014

1.9645  GBP

3 1/3p ordinary

Purchase

62,406

1.9638  GBP

3 1/3p ordinary

Purchase

57,676

1.9634  GBP

3 1/3p ordinary

Purchase

33,388

1.9651  GBP

3 1/3p ordinary

Purchase

32,406

1.9653  GBP

3 1/3p ordinary

Purchase

30,293

1.9646  GBP

3 1/3p ordinary

Purchase

27,864

1.9660  GBP

3 1/3p ordinary

Purchase

25,015

1.9612  GBP

3 1/3p ordinary

Purchase

22,082

1.9663  GBP

3 1/3p ordinary

Purchase

20,218

1.9630  GBP

3 1/3p ordinary

Purchase

14,817

1.9656  GBP

3 1/3p ordinary

Purchase

14,340

1.9631  GBP

3 1/3p ordinary

Purchase

13,552

1.9628  GBP

3 1/3p ordinary

Purchase

12,517

1.9623  GBP

3 1/3p ordinary

Purchase

10,324

1.9664  GBP

3 1/3p ordinary

Purchase

5,257

1.9650  GBP

3 1/3p ordinary

Purchase

3,289

1.9620  GBP

3 1/3p ordinary

Purchase

3,275

1.9661  GBP

3 1/3p ordinary

Purchase

2,333

1.9618  GBP

3 1/3p ordinary

Purchase

1,551

1.9686  GBP

3 1/3p ordinary

Purchase

1,304

1.9680  GBP

3 1/3p ordinary

Purchase

627

1.9666  GBP

3 1/3p ordinary

Purchase

92

1.9598  GBP

3 1/3p ordinary

Sale

191,570

1.9636  GBP

3 1/3p ordinary

Sale

49,750

1.9630  GBP

3 1/3p ordinary

Sale

42,860

1.9660  GBP

3 1/3p ordinary

Sale

42,630

1.9643  GBP

3 1/3p ordinary

Sale

25,905

1.9650  GBP

3 1/3p ordinary

Sale

15,192

1.9661  GBP

3 1/3p ordinary

Sale

7,627

1.9665  GBP

3 1/3p ordinary

Sale

5,041

1.9656  GBP

3 1/3p ordinary

Sale

4,821

1.9666  GBP

3 1/3p ordinary

Sale

3,949

1.9653  GBP

3 1/3p ordinary

Sale

3,103

1.9662  GBP

3 1/3p ordinary

Sale

3,086

1.9645  GBP

3 1/3p ordinary

Sale

2,967

1.9640  GBP

3 1/3p ordinary

Sale

2,095

1.9642  GBP

3 1/3p ordinary

Sale

1,551

1.9688  GBP

3 1/3p ordinary

Sale

1,304

1.9680  GBP

3 1/3p ordinary

Sale

1,000

1.9664  GBP

3 1/3p ordinary

Sale

105

1.9669  GBP

3 1/3p ordinary

Sale

92

1.9600  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

105

1.9669  GBP

3 1/3p ordinary

SWAP

Decreasing Short

633

1.9656  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,470

1.9660  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,840

1.9654  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,967

1.9640  GBP

3 1/3p ordinary

CFD

Decreasing Short

4,358

1.9663  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,378

1.9670  GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,614

1.9650  GBP

3 1/3p ordinary

SWAP

Decreasing Short

15,154

1.9660  GBP

3 1/3p ordinary

SWAP

Decreasing Short

18,793

1.9636  GBP

3 1/3p ordinary

SWAP

Decreasing Short

38,107

1.9644  GBP

3 1/3p ordinary

SWAP

Decreasing Short

38,480

1.9644  GBP

3 1/3p ordinary

SWAP

Increasing Short

627

1.9666  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,366

1.9663  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,658

1.9630  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,679

1.9629  GBP

3 1/3p ordinary

SWAP

Increasing Short

8,872

1.9662  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,466

1.9658  GBP

3 1/3p ordinary

SWAP

Increasing Short

13,623

1.9660  GBP

3 1/3p ordinary

SWAP

Increasing Short

25,015

1.9612  GBP

3 1/3p ordinary

SWAP

Increasing Short

30,293

1.9646  GBP

3 1/3p ordinary

SWAP

Increasing Short

98,674

1.9626  GBP

3 1/3p ordinary

SWAP

Increasing Short

116,572

1.9654  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:

15 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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