Form 8.3 - Spirent Communications plc

Barclays PLC

02 April 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:				28 Mar 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:			13,665,140	2.36%	334,243	0.06%
(2)	Cash-settled derivatives:
	and/or controlled:			288,216	0.05%	13,493,459	2.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,953,356	2.41%	13,827,702	2.39%
(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		450,077		2.0005  GBP
3 1/3p ordinary		Purchase		351,025		1.9980  GBP
3 1/3p ordinary		Purchase		338,706		1.9893  GBP
3 1/3p ordinary		Purchase		310,428		2.0020  GBP
3 1/3p ordinary		Purchase		283,641		1.9892  GBP
3 1/3p ordinary		Purchase		154,499		2.0000  GBP
3 1/3p ordinary		Purchase		109,739		2.0040  GBP
3 1/3p ordinary		Purchase		81,706		2.0008  GBP
3 1/3p ordinary		Purchase		58,198		1.9739  GBP
3 1/3p ordinary		Purchase		25,379		1.9795  GBP
3 1/3p ordinary		Purchase		22,939		2.0105  GBP
3 1/3p ordinary		Purchase		20,975		2.0056  GBP
3 1/3p ordinary		Purchase		13,736		1.9899  GBP
3 1/3p ordinary		Purchase		11,753		2.0058  GBP
3 1/3p ordinary		Purchase		11,643		2.0100  GBP
3 1/3p ordinary		Purchase		10,584		2.0033  GBP
3 1/3p ordinary		Purchase		7,765		2.0077  GBP
3 1/3p ordinary		Purchase		5,073		1.9800  GBP
3 1/3p ordinary		Purchase		5,048		1.9810  GBP
3 1/3p ordinary		Purchase		3,344		2.0049  GBP
3 1/3p ordinary		Purchase		2,315		1.9913  GBP
3 1/3p ordinary		Purchase		1,660		1.9990  GBP
3 1/3p ordinary		Purchase		36		1.9798  GBP
3 1/3p ordinary		Sale		1,476,131		2.0139  GBP
3 1/3p ordinary		Sale		500,000		1.9848  GBP
3 1/3p ordinary		Sale		450,000		1.9930  GBP
3 1/3p ordinary		Sale		405,609		1.9914  GBP
3 1/3p ordinary		Sale		350,000		1.9757  GBP
3 1/3p ordinary		Sale		310,572		1.9990  GBP
3 1/3p ordinary		Sale		300,000		1.9793  GBP
3 1/3p ordinary		Sale		250,000		2.0029  GBP
3 1/3p ordinary		Sale		216,787		1.9972  GBP
3 1/3p ordinary		Sale		80,119		1.9945  GBP
3 1/3p ordinary		Sale		38,877		1.9982  GBP
3 1/3p ordinary		Sale		36,799		2.0091  GBP
3 1/3p ordinary		Sale		36,658		2.0049  GBP
3 1/3p ordinary		Sale		35,521		1.9906  GBP
3 1/3p ordinary		Sale		32,872		1.9956  GBP
3 1/3p ordinary		Sale		30,092		2.0028  GBP
3 1/3p ordinary		Sale		28,156		2.0149  GBP
3 1/3p ordinary		Sale		27,348		1.9992  GBP
3 1/3p ordinary		Sale		27,110		1.9997  GBP
3 1/3p ordinary		Sale		24,596		1.9922  GBP
3 1/3p ordinary		Sale		23,355		1.9897  GBP
3 1/3p ordinary		Sale		19,973		2.0011  GBP
3 1/3p ordinary		Sale		16,703		2.0000  GBP
3 1/3p ordinary		Sale		14,125		1.9904  GBP
3 1/3p ordinary		Sale		11,963		1.9975  GBP
3 1/3p ordinary		Sale		10,921		2.0050  GBP
3 1/3p ordinary		Sale		10,326		2.0063  GBP
3 1/3p ordinary		Sale		10,121		1.9806  GBP
3 1/3p ordinary		Sale		9,527		1.9812  GBP
3 1/3p ordinary		Sale		9,118		2.0117  GBP
3 1/3p ordinary		Sale		9,072		2.0009  GBP
3 1/3p ordinary		Sale		6,619		2.0033  GBP
3 1/3p ordinary		Sale		5,224		2.0008  GBP
3 1/3p ordinary		Sale		5,103		1.9800  GBP
3 1/3p ordinary		Sale		5,048		1.9810  GBP
3 1/3p ordinary		Sale		4,187		2.0040  GBP
3 1/3p ordinary		Sale		4,129		1.9954  GBP
3 1/3p ordinary		Sale		4,050		2.0001  GBP
3 1/3p ordinary		Sale		3,933		1.9928  GBP
3 1/3p ordinary		Sale		3,635		2.0038  GBP
3 1/3p ordinary		Sale		3,300		1.9798  GBP
3 1/3p ordinary		Sale		2,995		2.0140  GBP
3 1/3p ordinary		Sale		2,137		1.9973  GBP
3 1/3p ordinary		Sale		594		1.9850  GBP
3 1/3p ordinary		Sale		473		2.0060  GBP
3 1/3p ordinary		Sale		81		1.9809  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		Closing Short		1,602	2.0043  GBP
3 1/3p ordinary		SWAP		Closing Short		9,180	1.9989  GBP
3 1/3p ordinary		SWAP		Closing Short		138,049	2.0000  GBP
3 1/3p ordinary		SWAP		Closing Short		167,570	1.9997  GBP
3 1/3p ordinary		SWAP		Closing Short		300,000	1.9793  GBP
3 1/3p ordinary		SWAP		Closing Short		350,000	1.9757  GBP
3 1/3p ordinary		SWAP		Closing Short		500,000	1.9848  GBP
3 1/3p ordinary		SWAP		Decreasing Long		22,939	2.0105  GBP
3 1/3p ordinary		SWAP		Decreasing Short		594	1.9850  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,221	2.0001  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,173	1.9955  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,300	1.9798  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,504	1.9979  GBP
3 1/3p ordinary		SWAP		Decreasing Short		6,492	1.9911  GBP
3 1/3p ordinary		SWAP		Decreasing Short		6,939	1.9800  GBP
3 1/3p ordinary		CFD		Decreasing Short		8,529	2.0000  GBP
3 1/3p ordinary		SWAP		Decreasing Short		10,326	2.0063  GBP
3 1/3p ordinary		SWAP		Decreasing Short		11,509	1.9992  GBP
3 1/3p ordinary		CFD		Decreasing Short		16,490	1.9798  GBP
3 1/3p ordinary		SWAP		Decreasing Short		27,348	1.9992  GBP
3 1/3p ordinary		SWAP		Decreasing Short		28,156	2.0149  GBP
3 1/3p ordinary		SWAP		Decreasing Short		250,000	2.0029  GBP
3 1/3p ordinary		SWAP		Decreasing Short		308,912	1.9990  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,476,131	2.0139  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,315	1.9913  GBP
3 1/3p ordinary		CFD		Increasing Short		63,872	2.0053  GBP
3 1/3p ordinary		SWAP		Increasing Short		109,739	2.0040  GBP
3 1/3p ordinary		SWAP		Increasing Short		203,985	2.0000  GBP
3 1/3p ordinary		SWAP		Increasing Short		351,025	1.9980  GBP
3 1/3p ordinary		SWAP		Opening Short		37,000	2.0020  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:				02 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END