FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
SPIRENT COMMUNICATIONS PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
14 Oct 2024 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
3 1/3p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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41,254,945 |
7.13% |
588,357 |
0.10% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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211,608 |
0.04% |
40,192,947 |
6.95% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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41,466,553 |
7.17% |
40,781,304 |
7.05% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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3 1/3p ordinary |
Purchase |
60,929 |
1.7500 GBP |
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3 1/3p ordinary |
Purchase |
54,746 |
1.7562 GBP |
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3 1/3p ordinary |
Purchase |
31,333 |
1.7518 GBP |
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3 1/3p ordinary |
Purchase |
31,011 |
1.7506 GBP |
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3 1/3p ordinary |
Purchase |
10,395 |
1.7578 GBP |
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3 1/3p ordinary |
Purchase |
9,101 |
1.7569 GBP |
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3 1/3p ordinary |
Purchase |
9,033 |
1.7545 GBP |
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3 1/3p ordinary |
Purchase |
2,670 |
1.7610 GBP |
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3 1/3p ordinary |
Purchase |
1,500 |
1.7591 GBP |
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3 1/3p ordinary |
Purchase |
795 |
1.7580 GBP |
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3 1/3p ordinary |
Sale |
113,143 |
1.7522 GBP |
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3 1/3p ordinary |
Sale |
57,916 |
1.7543 GBP |
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3 1/3p ordinary |
Sale |
29,320 |
1.7513 GBP |
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3 1/3p ordinary |
Sale |
28,018 |
1.7500 GBP |
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3 1/3p ordinary |
Sale |
11,738 |
1.7530 GBP |
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3 1/3p ordinary |
Sale |
11,094 |
1.7507 GBP |
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3 1/3p ordinary |
Sale |
4,445 |
1.7559 GBP |
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3 1/3p ordinary |
Sale |
4,276 |
1.7516 GBP |
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3 1/3p ordinary |
Sale |
3,702 |
1.7529 GBP |
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3 1/3p ordinary |
Sale |
3,281 |
1.7534 GBP |
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3 1/3p ordinary |
Sale |
1,988 |
1.7569 GBP |
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3 1/3p ordinary |
Sale |
1,718 |
1.7570 GBP |
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3 1/3p ordinary |
Sale |
1,317 |
1.7510 GBP |
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3 1/3p ordinary |
Sale |
471 |
1.7525 GBP |
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3 1/3p ordinary |
Sale |
55 |
1.7552 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
58,392 |
1.7507 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
29,320 |
1.7513 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,494 |
1.7518 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,432 |
1.7522 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
471 |
1.7525 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
3,702 |
1.7529 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
37,724 |
1.7537 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
57,916 |
1.7543 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
4,445 |
1.7559 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
18,349 |
1.7500 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,518 |
1.7503 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
31,011 |
1.7506 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
12,895 |
1.7546 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
16,783 |
1.7559 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
54,746 |
1.7562 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
10,395 |
1.7578 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
795 |
1.7580 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
395 |
1.7586 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,500 |
1.7591 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,670 |
1.7610 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
6,945 |
1.7533 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
7,870 |
1.7535 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
11,824 |
1.7536 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
55 |
1.7552 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
15 Oct 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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