Form 8.3 - Spirent Communications plc

Barclays PLC

13 August 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  relevant securities this form relates:			SPIRENT COMMUNICATIONS PLC
(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 Aug 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			NO
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:				24,174,926	4.18%	1,089,608	0.19%
(2) Cash-settled derivatives:				521,517	0.09%	23,172,261	4.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,696,443	4.27%	24,261,869	4.19%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
3 1/3p ordinary	Purchase	109,984	1.7483  GBP
3 1/3p ordinary	Purchase	67,457	1.7424  GBP
3 1/3p ordinary	Purchase	31,537	1.7379  GBP
3 1/3p ordinary	Purchase	29,444	1.7501  GBP
3 1/3p ordinary	Purchase	15,771	1.7457  GBP
3 1/3p ordinary	Purchase	13,050	1.7524  GBP
3 1/3p ordinary	Purchase	11,910	1.7482  GBP
3 1/3p ordinary	Purchase	11,150	1.7442  GBP
3 1/3p ordinary	Purchase	9,824	1.7474  GBP
3 1/3p ordinary	Purchase	3,819	1.7477  GBP
3 1/3p ordinary	Purchase	2,344	1.7529  GBP
3 1/3p ordinary	Purchase	1,654	1.7550  GBP
3 1/3p ordinary	Purchase	1,538	1.7510  GBP
3 1/3p ordinary	Purchase	908	1.7480  GBP
3 1/3p ordinary	Purchase	793	1.7548  GBP
3 1/3p ordinary	Purchase	697	1.7380  GBP
3 1/3p ordinary	Purchase	434	1.7450  GBP
3 1/3p ordinary	Purchase	394	1.7420  GBP
3 1/3p ordinary	Purchase	264	1.7610  GBP
3 1/3p ordinary	Purchase	263	1.7490  GBP
3 1/3p ordinary	Sale	170,063	1.7380  GBP
3 1/3p ordinary	Sale	109,984	1.7483  GBP
3 1/3p ordinary	Sale	72,078	1.7424  GBP
3 1/3p ordinary	Sale	41,219	1.7381  GBP
3 1/3p ordinary	Sale	32,452	1.7382  GBP
3 1/3p ordinary	Sale	29,573	1.7378  GBP
3 1/3p ordinary	Sale	19,062	1.7500  GBP
3 1/3p ordinary	Sale	12,266	1.7476  GBP
3 1/3p ordinary	Sale	11,646	1.7456  GBP
3 1/3p ordinary	Sale	10,225	1.7428  GBP
3 1/3p ordinary	Sale	6,135	1.7515  GBP
3 1/3p ordinary	Sale	4,410	1.7506  GBP
3 1/3p ordinary	Sale	4,221	1.7501  GBP
3 1/3p ordinary	Sale	3,557	1.7390  GBP
3 1/3p ordinary	Sale	3,422	1.7524  GBP
3 1/3p ordinary	Sale	1,883	1.7502  GBP
3 1/3p ordinary	Sale	1,808	1.7540  GBP
3 1/3p ordinary	Sale	1,556	1.7375  GBP
3 1/3p ordinary	Sale	1,379	1.7400  GBP
3 1/3p ordinary	Sale	1,323	1.7531  GBP
3 1/3p ordinary	Sale	1,314	1.7505  GBP
3 1/3p ordinary	Sale	703	1.7559  GBP
3 1/3p ordinary	Sale	264	1.7611  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
3 1/3p ordinary	SWAP	Opening Short	11,150	1.7445  GBP
3 1/3p ordinary	SWAP	Decreasing Short	27,279	1.7515  GBP
3 1/3p ordinary	SWAP	Increasing Short	2,597	1.7528  GBP
3 1/3p ordinary	CFD	Decreasing Short	2	1.7400  GBP
3 1/3p ordinary	CFD	Increasing Short	2	1.7400  GBP
3 1/3p ordinary	CFD	Increasing Short	5,176	1.7568  GBP
3 1/3p ordinary	SWAP	Increasing Short	13,945	1.7523  GBP
3 1/3p ordinary	SWAP	Decreasing Short	170,061	1.7380  GBP
3 1/3p ordinary	SWAP	Opening Long	50,024	1.7386  GBP
3 1/3p ordinary	SWAP	Increasing Long	7,685	1.7513  GBP
3 1/3p ordinary	SWAP	Closing Long	9,317	1.7443  GBP
3 1/3p ordinary	SWAP	Decreasing Short	155	1.7380  GBP
3 1/3p ordinary	SWAP	Decreasing Short	10,225	1.7428  GBP
3 1/3p ordinary	SWAP	Increasing Short	11,910	1.7482  GBP
3 1/3p ordinary	SWAP	Increasing Short	3,965	1.7495  GBP
3 1/3p ordinary	SWAP	Decreasing Short	703	1.7559  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,406	1.7550  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,129	1.7504  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,995	1.7507  GBP
3 1/3p ordinary	SWAP	Decreasing Short	755	1.7380  GBP
3 1/3p ordinary	SWAP	Increasing Short	3,136	1.7472  GBP
3 1/3p ordinary	SWAP	Increasing Short	9,824	1.7474  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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:				13 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END