Form 8.3 - SPIRENT COMMUNICATIONS PLC

Barclays PLC

28 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:				24 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:			13,045,478	2.25%	5,872,620	1.01%
(2)	Cash-settled derivatives:
	and/or controlled:			1,916,374	0.33%	13,011,035	2.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			14,961,852	2.59%	18,883,655	3.26%
(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		363,396		1.8307  GBP
3 1/3p ordinary		Purchase		280,543		1.8284  GBP
3 1/3p ordinary		Purchase		263,423		1.8324  GBP
3 1/3p ordinary		Purchase		154,552		1.8315  GBP
3 1/3p ordinary		Purchase		117,713		1.8327  GBP
3 1/3p ordinary		Purchase		107,412		1.8285  GBP
3 1/3p ordinary		Purchase		92,003		1.8295  GBP
3 1/3p ordinary		Purchase		83,872		1.8302  GBP
3 1/3p ordinary		Purchase		78,635		1.8309  GBP
3 1/3p ordinary		Purchase		75,000		1.8328  GBP
3 1/3p ordinary		Purchase		45,858		1.8269  GBP
3 1/3p ordinary		Purchase		29,952		1.8299  GBP
3 1/3p ordinary		Purchase		18,381		1.8322  GBP
3 1/3p ordinary		Purchase		17,043		1.8323  GBP
3 1/3p ordinary		Purchase		16,728		1.8292  GBP
3 1/3p ordinary		Purchase		13,808		1.8317  GBP
3 1/3p ordinary		Purchase		11,647		1.8287  GBP
3 1/3p ordinary		Purchase		9,982		1.8301  GBP
3 1/3p ordinary		Purchase		9,094		1.8270  GBP
3 1/3p ordinary		Purchase		8,152		1.8300  GBP
3 1/3p ordinary		Purchase		7,091		1.8321  GBP
3 1/3p ordinary		Purchase		6,343		1.8319  GBP
3 1/3p ordinary		Purchase		3,933		1.8310  GBP
3 1/3p ordinary		Purchase		3,500		1.8282  GBP
3 1/3p ordinary		Purchase		2,730		1.8273  GBP
3 1/3p ordinary		Purchase		2,470		1.8305  GBP
3 1/3p ordinary		Purchase		1,600		1.8331  GBP
3 1/3p ordinary		Purchase		1,341		1.8220  GBP
3 1/3p ordinary		Sale		2,000,000		1.8190  GBP
3 1/3p ordinary		Sale		500,000		1.8290  GBP
3 1/3p ordinary		Sale		236,569		1.8324  GBP
3 1/3p ordinary		Sale		161,431		1.8303  GBP
3 1/3p ordinary		Sale		117,713		1.8327  GBP
3 1/3p ordinary		Sale		116,720		1.8285  GBP
3 1/3p ordinary		Sale		76,018		1.8270  GBP
3 1/3p ordinary		Sale		46,051		1.8200  GBP
3 1/3p ordinary		Sale		12,746		1.8302  GBP
3 1/3p ordinary		Sale		8,390		1.8299  GBP
3 1/3p ordinary		Sale		7,573		1.8301  GBP
3 1/3p ordinary		Sale		5,257		1.8300  GBP
3 1/3p ordinary		Sale		3,419		1.8310  GBP
3 1/3p ordinary		Sale		2,795		1.8311  GBP
3 1/3p ordinary		Sale		2,104		1.8280  GBP
3 1/3p ordinary		Sale		1,815		1.8305  GBP
3 1/3p ordinary		Sale		1,639		1.8325  GBP
3 1/3p ordinary		Sale		172		1.8329  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		5,532	1.8329  GBP
3 1/3p ordinary		SWAP		Closing Long		72,360	1.8270  GBP
3 1/3p ordinary		SWAP		Closing Long		100,693	1.8261  GBP
3 1/3p ordinary		SWAP		Decreasing Long		994	1.8284  GBP
3 1/3p ordinary		SWAP		Decreasing Long		2,730	1.8273  GBP
3 1/3p ordinary		SWAP		Decreasing Long		75,000	1.8328  GBP
3 1/3p ordinary		SWAP		Decreasing Long		75,000	1.8307  GBP
3 1/3p ordinary		SWAP		Decreasing Short		172	1.8329  GBP
3 1/3p ordinary		SWAP		Decreasing Short		289	1.8305  GBP
3 1/3p ordinary		SWAP		Decreasing Short		800	1.8288  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,350	1.8300  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,830	1.8276  GBP
3 1/3p ordinary		SWAP		Decreasing Short		46,051	1.8200  GBP
3 1/3p ordinary		SWAP		Decreasing Short		500,000	1.8290  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,000,000	1.8190  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,341	1.8220  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,600	1.8331  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,500	1.8282  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,847	1.8320  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,933	1.8310  GBP
3 1/3p ordinary		SWAP		Increasing Short		8,719	1.8237  GBP
3 1/3p ordinary		CFD		Increasing Short		9,094	1.8270  GBP
3 1/3p ordinary		CFD		Increasing Short		10,233	1.8277  GBP
3 1/3p ordinary		SWAP		Increasing Short		15,121	1.8270  GBP
3 1/3p ordinary		SWAP		Increasing Short		18,381	1.8322  GBP
3 1/3p ordinary		SWAP		Increasing Short		26,854	1.8324  GBP
3 1/3p ordinary		SWAP		Increasing Short		35,005	1.8316  GBP
3 1/3p ordinary		CFD		Increasing Short		78,608	1.8298  GBP
3 1/3p ordinary		SWAP		Increasing Short		83,872	1.8302  GBP
3 1/3p ordinary		SWAP		Increasing Short		89,206	1.8295  GBP
3 1/3p ordinary		SWAP		Increasing Short		97,024	1.8297  GBP
3 1/3p ordinary		CFD		Increasing Short		151,169	1.8303  GBP
3 1/3p ordinary		SWAP		Increasing Short		178,643	1.8315  GBP
3 1/3p ordinary		SWAP		Increasing Short		288,396	1.8307  GBP
3 1/3p ordinary		SWAP		Opening Long		47,380	1.8292  GBP
3 1/3p ordinary		SWAP		Opening Long		47,800	1.8300  GBP
3 1/3p ordinary		SWAP		Opening Long		54,800	1.8317  GBP
3 1/3p ordinary		SWAP		Opening Long		57,500	1.8295  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:				28 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END