Form 8.3 - Spirent Communications plc

Barclays PLC

30 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:			29 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:				28,690,456	4.96%	997,518	0.17%
(2) Cash-settled derivatives:				521,517	0.09%	27,758,802	4.80%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				29,211,973	5.05%	28,756,320	4.97%
(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	2,194,295	1.7858  GBP
3 1/3p ordinary	Purchase	1,500,058	1.7860  GBP
3 1/3p ordinary	Purchase	290,346	1.7699  GBP
3 1/3p ordinary	Purchase	55,754	1.7813  GBP
3 1/3p ordinary	Purchase	53,419	1.7827  GBP
3 1/3p ordinary	Purchase	40,617	1.7824  GBP
3 1/3p ordinary	Purchase	38,689	1.7840  GBP
3 1/3p ordinary	Purchase	31,064	1.7755  GBP
3 1/3p ordinary	Purchase	21,113	1.7751  GBP
3 1/3p ordinary	Purchase	19,743	1.7806  GBP
3 1/3p ordinary	Purchase	19,000	1.7700  GBP
3 1/3p ordinary	Purchase	18,515	1.7829  GBP
3 1/3p ordinary	Purchase	17,706	1.7832  GBP
3 1/3p ordinary	Purchase	14,707	1.7752  GBP
3 1/3p ordinary	Purchase	9,167	1.7771  GBP
3 1/3p ordinary	Purchase	7,935	1.7807  GBP
3 1/3p ordinary	Purchase	5,895	1.7640  GBP
3 1/3p ordinary	Purchase	3,603	1.7839  GBP
3 1/3p ordinary	Purchase	3,246	1.7870  GBP
3 1/3p ordinary	Purchase	1,900	1.7841  GBP
3 1/3p ordinary	Purchase	1,655	1.7720  GBP
3 1/3p ordinary	Sale	474,049	1.7733  GBP
3 1/3p ordinary	Sale	42,292	1.7840  GBP
3 1/3p ordinary	Sale	32,328	1.7653  GBP
3 1/3p ordinary	Sale	12,156	1.7664  GBP
3 1/3p ordinary	Sale	11,413	1.7656  GBP
3 1/3p ordinary	Sale	5,800	1.7650  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	Decreasing Short	22,649	1.7655  GBP
3 1/3p ordinary	SWAP	Increasing Short	5,558	1.7817  GBP
3 1/3p ordinary	CFD	Decreasing Short	38,689	1.7840  GBP
3 1/3p ordinary	CFD	Increasing Short	10,876	1.7768  GBP
3 1/3p ordinary	CFD	Increasing Short	786	1.7793  GBP
3 1/3p ordinary	CFD	Increasing Short	38,689	1.7840  GBP
3 1/3p ordinary	CFD	Increasing Short	58	1.7860  GBP
3 1/3p ordinary	SWAP	Increasing Short	18,823	1.7783  GBP
3 1/3p ordinary	SWAP	Opening Long	920	1.7788  GBP
3 1/3p ordinary	SWAP	Opening Short	4,232	1.7851  GBP
3 1/3p ordinary	SWAP	Increasing Short	421	1.7865  GBP
3 1/3p ordinary	SWAP	Decreasing Short	5,800	1.7650  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,900	1.7841  GBP
3 1/3p ordinary	SWAP	Decreasing Short	32,328	1.7653  GBP
3 1/3p ordinary	SWAP	Increasing Short	17,706	1.7832  GBP
3 1/3p ordinary	SWAP	Increasing Short	16,221	1.7840  GBP
3 1/3p ordinary	SWAP	Increasing Short	656,437	1.7858  GBP
3 1/3p ordinary	SWAP	Increasing Short	450,000	1.7860  GBP
3 1/3p ordinary	SWAP	Increasing Short	2,843	1.7882  GBP
3 1/3p ordinary	SWAP	Increasing Short	538	1.7870  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,351	1.7777  GBP
3 1/3p ordinary	SWAP	Increasing Short	3,128	1.7797  GBP
3 1/3p ordinary	SWAP	Increasing Short	18,515	1.7830  GBP
3 1/3p ordinary	SWAP	Increasing Short	15,138	1.7840  GBP
3 1/3p ordinary	SWAP	Increasing Short	7,369	1.7844  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,531,687	1.7858  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,050,000	1.7860  GBP
3 1/3p ordinary	SWAP	Increasing Short	9,167	1.7610  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:				30 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END