Form 8.3 - Spirent Communications plc

Barclays PLC

23 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:				22 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:			14,431,886	2.49%	5,848,488	1.01%
(2)	Cash-settled derivatives:
	and/or controlled:			1,864,779	0.32%	14,378,671	2.48%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			16,296,665	2.82%	20,227,159	3.50%
(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		359,110		1.8620  GBP
3 1/3p ordinary		Purchase		273,829		1.8613  GBP
3 1/3p ordinary		Purchase		130,076		1.8615  GBP
3 1/3p ordinary		Purchase		117,904		1.8614  GBP
3 1/3p ordinary		Purchase		56,142		1.8599  GBP
3 1/3p ordinary		Purchase		38,570		1.8606  GBP
3 1/3p ordinary		Purchase		13,009		1.8600  GBP
3 1/3p ordinary		Purchase		10,547		1.8625  GBP
3 1/3p ordinary		Purchase		7,172		1.8628  GBP
3 1/3p ordinary		Purchase		2,571		1.8632  GBP
3 1/3p ordinary		Purchase		2,468		1.8610  GBP
3 1/3p ordinary		Purchase		2,341		1.8607  GBP
3 1/3p ordinary		Sale		358,663		1.8620  GBP
3 1/3p ordinary		Sale		62,218		1.8603  GBP
3 1/3p ordinary		Sale		53,333		1.8606  GBP
3 1/3p ordinary		Sale		43,430		1.8600  GBP
3 1/3p ordinary		Sale		19,863		1.8626  GBP
3 1/3p ordinary		Sale		3,311		1.8610  GBP
3 1/3p ordinary		Sale		1,545		1.8601  GBP
3 1/3p ordinary		Sale		1,268		1.8644  GBP
3 1/3p ordinary		Sale		800		1.8598  GBP
3 1/3p ordinary		Sale		153		1.8605  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 Long		1,734	1.8654  GBP
3 1/3p ordinary		SWAP		Closing Long		6,139	1.8625  GBP
3 1/3p ordinary		SWAP		Closing Long		37,330	1.8600  GBP
3 1/3p ordinary		SWAP		Closing Long		137,563	1.8601  GBP
3 1/3p ordinary		SWAP		Decreasing Short		16	1.8730  GBP
3 1/3p ordinary		SWAP		Decreasing Short		389	1.8619  GBP
3 1/3p ordinary		SWAP		Decreasing Short		800	1.8598  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,608	1.8638  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,555	1.8600  GBP
3 1/3p ordinary		SWAP		Decreasing Short		6,837	1.8623  GBP
3 1/3p ordinary		SWAP		Decreasing Short		51,640	1.8609  GBP
3 1/3p ordinary		SWAP		Decreasing Short		62,218	1.8603  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,006	1.8610  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,571	1.8632  GBP
3 1/3p ordinary		SWAP		Increasing Short		4,088	1.8600  GBP
3 1/3p ordinary		CFD		Increasing Short		7,484	1.8616  GBP
3 1/3p ordinary		CFD		Increasing Short		9,094	1.8600  GBP
3 1/3p ordinary		SWAP		Increasing Short		24,951	1.8616  GBP
3 1/3p ordinary		SWAP		Increasing Short		36,473	1.8612  GBP
3 1/3p ordinary		SWAP		Increasing Short		67,497	1.8615  GBP
3 1/3p ordinary		CFD		Increasing Short		94,355	1.8607  GBP
3 1/3p ordinary		SWAP		Increasing Short		117,904	1.8614  GBP
3 1/3p ordinary		CFD		Increasing Short		124,694	1.8627  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:				23 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END