Form 8.3 -SPIRENT COMMUNICATIONS PLC

Barclays PLC

23 September 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:				20 Sep 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:			36,926,000	6.38%	475,140	0.08%
(2)	Cash-settled derivatives:
	and/or controlled:			182,197	0.03%	35,224,859	6.09%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			37,108,197	6.41%	35,699,999	6.17%
(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		506,756		1.7115  GBP
3 1/3p ordinary		Purchase		327,344		1.7100  GBP
3 1/3p ordinary		Purchase		317,154		1.7160  GBP
3 1/3p ordinary		Purchase		213,087		1.7108  GBP
3 1/3p ordinary		Purchase		200,000		1.7408  GBP
3 1/3p ordinary		Purchase		200,000		1.7508  GBP
3 1/3p ordinary		Purchase		157,594		1.7446  GBP
3 1/3p ordinary		Purchase		124,115		1.7559  GBP
3 1/3p ordinary		Purchase		71,355		1.7427  GBP
3 1/3p ordinary		Purchase		71,260		1.7455  GBP
3 1/3p ordinary		Purchase		60,671		1.7550  GBP
3 1/3p ordinary		Purchase		50,000		1.7305  GBP
3 1/3p ordinary		Purchase		47,434		1.7521  GBP
3 1/3p ordinary		Purchase		31,900		1.7464  GBP
3 1/3p ordinary		Purchase		30,217		1.7313  GBP
3 1/3p ordinary		Purchase		22,044		1.7520  GBP
3 1/3p ordinary		Purchase		16,165		1.7308  GBP
3 1/3p ordinary		Purchase		12,259		1.7283  GBP
3 1/3p ordinary		Purchase		11,918		1.7473  GBP
3 1/3p ordinary		Purchase		8,235		1.7513  GBP
3 1/3p ordinary		Purchase		7,252		1.7459  GBP
3 1/3p ordinary		Purchase		7,143		1.7444  GBP
3 1/3p ordinary		Purchase		7,096		1.7099  GBP
3 1/3p ordinary		Purchase		5,779		1.7405  GBP
3 1/3p ordinary		Purchase		5,676		1.7353  GBP
3 1/3p ordinary		Purchase		4,194		1.7501  GBP
3 1/3p ordinary		Purchase		3,699		1.7140  GBP
3 1/3p ordinary		Purchase		3,076		1.7529  GBP
3 1/3p ordinary		Purchase		1,856		1.7476  GBP
3 1/3p ordinary		Purchase		1,441		1.7475  GBP
3 1/3p ordinary		Purchase		648		1.7402  GBP
3 1/3p ordinary		Purchase		100		1.7590  GBP
3 1/3p ordinary		Purchase		3		1.7533  GBP
3 1/3p ordinary		Sale		450,000		1.7291  GBP
3 1/3p ordinary		Sale		149,838		1.7101  GBP
3 1/3p ordinary		Sale		89,391		1.7100  GBP
3 1/3p ordinary		Sale		58,858		1.7412  GBP
3 1/3p ordinary		Sale		47,683		1.7370  GBP
3 1/3p ordinary		Sale		32,117		1.7262  GBP
3 1/3p ordinary		Sale		15,800		1.7104  GBP
3 1/3p ordinary		Sale		3,699		1.7140  GBP
3 1/3p ordinary		Sale		3,600		1.7205  GBP
3 1/3p ordinary		Sale		3,076		1.7530  GBP
3 1/3p ordinary		Sale		2,690		1.7459  GBP
3 1/3p ordinary		Sale		2,100		1.7388  GBP
3 1/3p ordinary		Sale		1,596		1.7348  GBP
3 1/3p ordinary		Sale		1,164		1.7255  GBP
3 1/3p ordinary		Sale		294		1.7420  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		Decreasing Short		4,501	1.7312  GBP
3 1/3p ordinary		SWAP		Decreasing Short		50	1.7100  GBP
3 1/3p ordinary		SWAP		Decreasing Short		15,800	1.7104  GBP
3 1/3p ordinary		SWAP		Decreasing Short		8,900	1.7173  GBP
3 1/3p ordinary		SWAP		Decreasing Short		32,117	1.7262  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,100	1.7388  GBP
3 1/3p ordinary		SWAP		Decreasing Short		41,676	1.7404  GBP
3 1/3p ordinary		SWAP		Decreasing Short		18,608	1.7413  GBP
3 1/3p ordinary		SWAP		Increasing Short		141,236	1.7100  GBP
3 1/3p ordinary		SWAP		Increasing Short		213,087	1.7108  GBP
3 1/3p ordinary		SWAP		Increasing Short		217,329	1.7117  GBP
3 1/3p ordinary		SWAP		Increasing Short		533	1.7224  GBP
3 1/3p ordinary		SWAP		Increasing Short		30,217	1.7313  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,480	1.7337  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,676	1.7353  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,629	1.7354  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,500	1.7446  GBP
3 1/3p ordinary		SWAP		Increasing Short		71,260	1.7455  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,252	1.7459  GBP
3 1/3p ordinary		SWAP		Increasing Short		31,900	1.7464  GBP
3 1/3p ordinary		SWAP		Increasing Short		15,471	1.7470  GBP
3 1/3p ordinary		SWAP		Increasing Short		4,194	1.7501  GBP
3 1/3p ordinary		SWAP		Increasing Short		3	1.7544  GBP
3 1/3p ordinary		SWAP		Increasing Short		124,115	1.7559  GBP
3 1/3p ordinary		CFD		Decreasing Short		55,533	1.7100  GBP
3 1/3p ordinary		CFD		Decreasing Short		3,111	1.7238  GBP
3 1/3p ordinary		CFD		Increasing Short		55,533	1.7100  GBP
3 1/3p ordinary		CFD		Increasing Short		3,577	1.7182  GBP
3 1/3p ordinary		CFD		Increasing Short		2,864	1.7575  GBP
3 1/3p ordinary		SWAP		Opening Short		50,000	1.7305  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 Sep 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END