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: |
13 Nov 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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40,611,192 |
7.02% |
1,182,809 |
0.20% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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728,898 |
0.13% |
39,674,830 |
6.86% |
(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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41,340,090 |
7.14% |
40,857,639 |
7.06% |
(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 |
22,468 |
1.6896 GBP |
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3 1/3p ordinary |
Purchase |
17,011 |
1.6905 GBP |
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3 1/3p ordinary |
Purchase |
11,976 |
1.6915 GBP |
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3 1/3p ordinary |
Purchase |
4,074 |
1.6927 GBP |
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3 1/3p ordinary |
Purchase |
2,057 |
1.6920 GBP |
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3 1/3p ordinary |
Purchase |
1,004 |
1.6870 GBP |
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3 1/3p ordinary |
Purchase |
596 |
1.7030 GBP |
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3 1/3p ordinary |
Purchase |
336 |
1.6908 GBP |
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3 1/3p ordinary |
Purchase |
2 |
1.6883 GBP |
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3 1/3p ordinary |
Sale |
2,067,386 |
1.6870 GBP |
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3 1/3p ordinary |
Sale |
96,298 |
1.6904 GBP |
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3 1/3p ordinary |
Sale |
61,682 |
1.6884 GBP |
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3 1/3p ordinary |
Sale |
58,856 |
1.6978 GBP |
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3 1/3p ordinary |
Sale |
58,370 |
1.6878 GBP |
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3 1/3p ordinary |
Sale |
35,375 |
1.7030 GBP |
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3 1/3p ordinary |
Sale |
7,489 |
1.6871 GBP |
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3 1/3p ordinary |
Sale |
5,020 |
1.6935 GBP |
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3 1/3p ordinary |
Sale |
4,813 |
1.6862 GBP |
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3 1/3p ordinary |
Sale |
2,057 |
1.7029 GBP |
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3 1/3p ordinary |
Sale |
2,023 |
1.6909 GBP |
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3 1/3p ordinary |
Sale |
1,662 |
1.6830 GBP |
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3 1/3p ordinary |
Sale |
891 |
1.7031 GBP |
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3 1/3p ordinary |
Sale |
524 |
1.6932 GBP |
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3 1/3p ordinary |
Sale |
79 |
1.6840 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 |
1,662 |
1.6830 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
46,700 |
1.6867 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
2,058,941 |
1.6870 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
58,370 |
1.6878 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
16,623 |
1.6892 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
39,883 |
1.6894 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
2,023 |
1.6909 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
5,020 |
1.6935 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
4,151 |
1.7002 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
8,344 |
1.7029 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
16,364 |
1.7030 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
729 |
1.6878 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
9,031 |
1.6879 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
159 |
1.6891 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
12,539 |
1.6900 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
737 |
1.6903 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
14,441 |
1.6905 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
11,976 |
1.6915 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,057 |
1.6920 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
4,074 |
1.6927 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
72 |
1.7030 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
12,553 |
1.6880 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
8,981 |
1.7030 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
48,930 |
1.6881 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
2,110 |
1.6892 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
2 |
1.6900 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: |
14 Nov 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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