Form 8.3 -SPIRENT COMMUNICATIONS PLC

Barclays PLC
11 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:

10 Apr 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:

 

 

13,940,716

2.41%

338,461

0.06%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

288,207

0.05%

13,738,330

2.37%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

14,228,923

2.46%

14,076,791

2.43%

(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

522,229

1.9608  GBP

3 1/3p ordinary

Purchase

413,336

1.9618  GBP

3 1/3p ordinary

Purchase

313,327

1.9522  GBP

3 1/3p ordinary

Purchase

302,483

1.9615  GBP

3 1/3p ordinary

Purchase

94,530

1.9578  GBP

3 1/3p ordinary

Purchase

71,233

1.9561  GBP

3 1/3p ordinary

Purchase

58,903

1.9584  GBP

3 1/3p ordinary

Purchase

56,616

1.9607  GBP

3 1/3p ordinary

Purchase

38,176

1.9557  GBP

3 1/3p ordinary

Purchase

30,717

1.9585  GBP

3 1/3p ordinary

Purchase

29,867

1.9460  GBP

3 1/3p ordinary

Purchase

19,750

1.9413  GBP

3 1/3p ordinary

Purchase

18,993

1.9426  GBP

3 1/3p ordinary

Purchase

13,546

1.9562  GBP

3 1/3p ordinary

Purchase

11,967

1.9665  GBP

3 1/3p ordinary

Purchase

11,085

1.9583  GBP

3 1/3p ordinary

Purchase

9,758

1.9400  GBP

3 1/3p ordinary

Purchase

7,885

1.9546  GBP

3 1/3p ordinary

Purchase

5,797

1.9620  GBP

3 1/3p ordinary

Purchase

5,708

1.9538  GBP

3 1/3p ordinary

Purchase

3,566

1.9600  GBP

3 1/3p ordinary

Purchase

3,166

1.9580  GBP

3 1/3p ordinary

Purchase

3,102

1.9575  GBP

3 1/3p ordinary

Purchase

3,080

1.9528  GBP

3 1/3p ordinary

Purchase

2,973

1.9541  GBP

3 1/3p ordinary

Purchase

1,500

1.9565  GBP

3 1/3p ordinary

Purchase

1,394

1.9540  GBP

3 1/3p ordinary

Purchase

768

1.9470  GBP

3 1/3p ordinary

Purchase

768

1.9469  GBP

3 1/3p ordinary

Purchase

473

1.9478  GBP

3 1/3p ordinary

Purchase

58

1.9614  GBP

3 1/3p ordinary

Sale

518,536

1.9608  GBP

3 1/3p ordinary

Sale

413,336

1.9618  GBP

3 1/3p ordinary

Sale

73,081

1.9620  GBP

3 1/3p ordinary

Sale

68,880

1.9560  GBP

3 1/3p ordinary

Sale

61,827

1.9439  GBP

3 1/3p ordinary

Sale

52,600

1.9522  GBP

3 1/3p ordinary

Sale

39,909

1.9548  GBP

3 1/3p ordinary

Sale

22,235

1.9585  GBP

3 1/3p ordinary

Sale

11,967

1.9665  GBP

3 1/3p ordinary

Sale

9,746

1.9589  GBP

3 1/3p ordinary

Sale

9,307

1.9621  GBP

3 1/3p ordinary

Sale

5,086

1.9605  GBP

3 1/3p ordinary

Sale

3,950

1.9580  GBP

3 1/3p ordinary

Sale

3,102

1.9575  GBP

3 1/3p ordinary

Sale

2,353

1.9602  GBP

3 1/3p ordinary

Sale

1,394

1.9610  GBP

3 1/3p ordinary

Sale

798

1.9557  GBP

3 1/3p ordinary

Sale

768

1.9470  GBP

3 1/3p ordinary

Sale

675

1.9565  GBP

3 1/3p ordinary

Sale

506

1.9600  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

35

1.9700  GBP

3 1/3p ordinary

SWAP

Decreasing Short

603

1.9535  GBP

3 1/3p ordinary

SWAP

Decreasing Short

784

1.9580  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,062

1.9589  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,300

1.9543  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,373

1.9574  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,310

1.9551  GBP

3 1/3p ordinary

CFD

Decreasing Short

9,268

1.9602  GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,053

1.9555  GBP

3 1/3p ordinary

SWAP

Decreasing Short

52,600

1.9522  GBP

3 1/3p ordinary

SWAP

Decreasing Short

61,827

1.9439  GBP

3 1/3p ordinary

SWAP

Increasing Short

117

1.9620  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,018

1.9580  GBP

3 1/3p ordinary

SWAP

Increasing Short

7,885

1.9546  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,085

1.9583  GBP

3 1/3p ordinary

SWAP

Increasing Short

58,903

1.9584  GBP

3 1/3p ordinary

SWAP

Increasing Short

94,530

1.9578  GBP

3 1/3p ordinary

SWAP

Increasing Short

100,000

1.9401  GBP

3 1/3p ordinary

SWAP

Increasing Short

100,000

1.9501  GBP

3 1/3p ordinary

SWAP

Increasing Short

212,485

1.9549  GBP

3 1/3p ordinary

SWAP

Increasing Short

302,483

1.9615  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:

11 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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