Form 8.3 - SPIRENT COMMUNICATIONS PLC

Barclays PLC

31 May 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:				30 May 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:			13,493,166	2.33%	5,650,613	0.98%
(2)	Cash-settled derivatives:
	and/or controlled:			1,693,790	0.29%	13,598,793	2.35%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			15,186,956	2.62%	19,249,406	3.33%
(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		450,000		1.8319  GBP
3 1/3p ordinary		Purchase		140,416		1.8348  GBP
3 1/3p ordinary		Purchase		92,041		1.8347  GBP
3 1/3p ordinary		Purchase		50,000		1.8312  GBP
3 1/3p ordinary		Purchase		50,000		1.8342  GBP
3 1/3p ordinary		Purchase		48,175		1.8349  GBP
3 1/3p ordinary		Purchase		32,466		1.8322  GBP
3 1/3p ordinary		Purchase		27,043		1.8323  GBP
3 1/3p ordinary		Purchase		15,525		1.8321  GBP
3 1/3p ordinary		Purchase		11,797		1.8318  GBP
3 1/3p ordinary		Purchase		11,664		1.8338  GBP
3 1/3p ordinary		Purchase		10,474		1.8350  GBP
3 1/3p ordinary		Purchase		7,964		1.8309  GBP
3 1/3p ordinary		Purchase		7,908		1.8315  GBP
3 1/3p ordinary		Purchase		3,647		1.8320  GBP
3 1/3p ordinary		Purchase		2,384		1.8311  GBP
3 1/3p ordinary		Purchase		2,056		1.8310  GBP
3 1/3p ordinary		Purchase		152		1.8300  GBP
3 1/3p ordinary		Purchase		9		1.8339  GBP
3 1/3p ordinary		Sale		286,845		1.8350  GBP
3 1/3p ordinary		Sale		102,153		1.8324  GBP
3 1/3p ordinary		Sale		33,055		1.8349  GBP
3 1/3p ordinary		Sale		25,931		1.8297  GBP
3 1/3p ordinary		Sale		22,491		1.8320  GBP
3 1/3p ordinary		Sale		9,312		1.8325  GBP
3 1/3p ordinary		Sale		5,056		1.8322  GBP
3 1/3p ordinary		Sale		3,605		1.8315  GBP
3 1/3p ordinary		Sale		3,387		1.8311  GBP
3 1/3p ordinary		Sale		3,345		1.8300  GBP
3 1/3p ordinary		Sale		2,827		1.8317  GBP
3 1/3p ordinary		Sale		151		1.8303  GBP
3 1/3p ordinary		Sale		141		1.8340  GBP
3 1/3p ordinary		Sale		99		1.8310  GBP
3 1/3p ordinary		Sale		35		1.8304  GBP
3 1/3p ordinary		Sale		4		1.8302  GBP
3 1/3p ordinary		Sale		334		1.8339  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 Long		11,664	1.8338  GBP
3 1/3p ordinary		SWAP		Decreasing Long		15,525	1.8321  GBP
3 1/3p ordinary		SWAP		Decreasing Long		50,000	1.8342  GBP
3 1/3p ordinary		SWAP		Decreasing Long		50,000	1.8312  GBP
3 1/3p ordinary		SWAP		Decreasing Short		325	1.8320  GBP
3 1/3p ordinary		SWAP		Decreasing Short		633	1.8350  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,246	1.8321  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,700	1.8318  GBP
3 1/3p ordinary		CFD		Decreasing Short		2,122	1.8318  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,827	1.8317  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,193	1.8300  GBP
3 1/3p ordinary		SWAP		Decreasing Short		5,139	1.8328  GBP
3 1/3p ordinary		CFD		Decreasing Short		9,094	1.8350  GBP
3 1/3p ordinary		CFD		Decreasing Short		12,048	1.8316  GBP
3 1/3p ordinary		SWAP		Decreasing Short		25,931	1.8297  GBP
3 1/3p ordinary		CFD		Decreasing Short		92,168	1.8323  GBP
3 1/3p ordinary		SWAP		Increasing Short		514	1.8320  GBP
3 1/3p ordinary		SWAP		Increasing Short		4,163	1.8310  GBP
3 1/3p ordinary		SWAP		Increasing Short		4,908	1.8317  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,964	1.8309  GBP
3 1/3p ordinary		CFD		Increasing Short		9,094	1.8350  GBP
3 1/3p ordinary		SWAP		Increasing Short		15,207	1.8323  GBP
3 1/3p ordinary		SWAP		Increasing Short		17,687	1.8350  GBP
3 1/3p ordinary		SWAP		Increasing Short		32,466	1.8322  GBP
3 1/3p ordinary		SWAP		Increasing Short		450,000	1.8319  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:				31 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END