Form 8.3 - Spirent Communications plc

Barclays PLC

09 May 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:				08 May 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:			15,341,432	2.65%	5,897,861	1.02%
(2)	Cash-settled derivatives:
	and/or controlled:			2,206,702	0.38%	14,982,072	2.59%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			17,548,134	3.03%	20,879,933	3.61%
(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		291,556		1.9103  GBP
3 1/3p ordinary		Purchase		263,405		1.9100  GBP
3 1/3p ordinary		Purchase		84,386		1.9149  GBP
3 1/3p ordinary		Purchase		25,181		1.9194  GBP
3 1/3p ordinary		Purchase		17,862		1.9160  GBP
3 1/3p ordinary		Purchase		17,729		1.9135  GBP
3 1/3p ordinary		Purchase		12,571		1.9170  GBP
3 1/3p ordinary		Purchase		10,719		1.9169  GBP
3 1/3p ordinary		Purchase		10,250		1.9161  GBP
3 1/3p ordinary		Purchase		9,337		1.9204  GBP
3 1/3p ordinary		Purchase		9,173		1.9099  GBP
3 1/3p ordinary		Purchase		8,514		1.9163  GBP
3 1/3p ordinary		Purchase		4,786		1.9157  GBP
3 1/3p ordinary		Purchase		4,192		1.9147  GBP
3 1/3p ordinary		Purchase		3,768		1.9183  GBP
3 1/3p ordinary		Purchase		3,760		1.9218  GBP
3 1/3p ordinary		Purchase		3,663		1.9115  GBP
3 1/3p ordinary		Purchase		2,906		1.9165  GBP
3 1/3p ordinary		Purchase		2,901		1.9126  GBP
3 1/3p ordinary		Purchase		2,833		1.9162  GBP
3 1/3p ordinary		Purchase		2,720		1.9150  GBP
3 1/3p ordinary		Purchase		2,498		1.9155  GBP
3 1/3p ordinary		Purchase		951		1.9130  GBP
3 1/3p ordinary		Purchase		542		1.9110  GBP
3 1/3p ordinary		Sale		702,414		1.9190  GBP
3 1/3p ordinary		Sale		286,790		1.9107  GBP
3 1/3p ordinary		Sale		69,681		1.9252  GBP
3 1/3p ordinary		Sale		35,078		1.9143  GBP
3 1/3p ordinary		Sale		26,989		1.9100  GBP
3 1/3p ordinary		Sale		23,946		1.9141  GBP
3 1/3p ordinary		Sale		9,428		1.9164  GBP
3 1/3p ordinary		Sale		9,164		1.9160  GBP
3 1/3p ordinary		Sale		7,624		1.9157  GBP
3 1/3p ordinary		Sale		6,734		1.9153  GBP
3 1/3p ordinary		Sale		6,326		1.9128  GBP
3 1/3p ordinary		Sale		5,188		1.9150  GBP
3 1/3p ordinary		Sale		4,192		1.9149  GBP
3 1/3p ordinary		Sale		3,068		1.9155  GBP
3 1/3p ordinary		Sale		2,901		1.9158  GBP
3 1/3p ordinary		Sale		2,888		1.9172  GBP
3 1/3p ordinary		Sale		2,151		1.9154  GBP
3 1/3p ordinary		Sale		1,898		1.9148  GBP
3 1/3p ordinary		Sale		1,559		1.9130  GBP
3 1/3p ordinary		Sale		1,058		1.9132  GBP
3 1/3p ordinary		Sale		542		1.9110  GBP
3 1/3p ordinary		Sale		311		1.9170  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		Closing Short		79,503	1.9154  GBP
3 1/3p ordinary		SWAP		Decreasing Long		1,618	1.9126  GBP
3 1/3p ordinary		SWAP		Decreasing Long		3,925	1.9153  GBP
3 1/3p ordinary		SWAP		Decreasing Long		8,514	1.9163  GBP
3 1/3p ordinary		SWAP		Decreasing Long		9,963	1.9100  GBP
3 1/3p ordinary		SWAP		Decreasing Short		45	1.9350  GBP
3 1/3p ordinary		SWAP		Decreasing Short		300	1.9206  GBP
3 1/3p ordinary		SWAP		Decreasing Short		311	1.9170  GBP
3 1/3p ordinary		SWAP		Decreasing Short		449	1.9137  GBP
3 1/3p ordinary		SWAP		Decreasing Short		608	1.9130  GBP
3 1/3p ordinary		SWAP		Decreasing Short		732	1.9129  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,000	1.9148  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,000	1.9103  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,076	1.9127  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,464	1.9126  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,684	1.9148  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,320	1.9173  GBP
3 1/3p ordinary		CFD		Decreasing Short		3,333	1.9147  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,350	1.9110  GBP
3 1/3p ordinary		SWAP		Decreasing Short		8,102	1.9177  GBP
3 1/3p ordinary		CFD		Decreasing Short		12,454	1.9183  GBP
3 1/3p ordinary		SWAP		Decreasing Short		23,946	1.9141  GBP
3 1/3p ordinary		SWAP		Decreasing Short		69,681	1.9252  GBP
3 1/3p ordinary		SWAP		Decreasing Short		700,000	1.9190  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,283	1.9126  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,747	1.9157  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,833	1.9162  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,660	1.9115  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,760	1.9218  GBP
3 1/3p ordinary		CFD		Increasing Short		46,351	1.9192  GBP
3 1/3p ordinary		CFD		Increasing Short		75,225	1.9150  GBP
3 1/3p ordinary		SWAP		Increasing Short		104,092	1.9107  GBP
3 1/3p ordinary		SWAP		Increasing Short		208,239	1.9113  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:				09 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END