Form 8.3 -SPIRENT COMMUNICATIONS PLC

Barclays PLC

25 June 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:				24 Jun 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:			22,225,731	3.84%	5,674,552	0.98%
(2)	Cash-settled derivatives:
	and/or controlled:			1,584,785	0.27%	22,156,509	3.83%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			23,810,516	4.11%	27,831,061	4.81%
(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		1,000,000		1.8469  GBP
3 1/3p ordinary		Purchase		30,581		1.8439  GBP
3 1/3p ordinary		Purchase		22,787		1.8458  GBP
3 1/3p ordinary		Purchase		21,301		1.8440  GBP
3 1/3p ordinary		Purchase		17,041		1.8523  GBP
3 1/3p ordinary		Purchase		5,709		1.8558  GBP
3 1/3p ordinary		Purchase		5,372		1.8565  GBP
3 1/3p ordinary		Purchase		3,761		1.8518  GBP
3 1/3p ordinary		Purchase		863		1.8540  GBP
3 1/3p ordinary		Purchase		194		1.8594  GBP
3 1/3p ordinary		Purchase		59		1.8640  GBP
3 1/3p ordinary		Purchase		11		1.8537  GBP
3 1/3p ordinary		Sale		125,459		1.8506  GBP
3 1/3p ordinary		Sale		23,867		1.8600  GBP
3 1/3p ordinary		Sale		14,262		1.8486  GBP
3 1/3p ordinary		Sale		2,418		1.8439  GBP
3 1/3p ordinary		Sale		1,844		1.8601  GBP
3 1/3p ordinary		Sale		1,287		1.8524  GBP
3 1/3p ordinary		Sale		1,215		1.8620  GBP
3 1/3p ordinary		Sale		656		1.8485  GBP
3 1/3p ordinary		Sale		381		1.8437  GBP
3 1/3p ordinary		Sale		341		1.8650  GBP
3 1/3p ordinary		Sale		253		1.8606  GBP
3 1/3p ordinary		Sale		11		1.8539  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		189	1.8500  GBP
3 1/3p ordinary		SWAP		Decreasing Short		341	1.8650  GBP
3 1/3p ordinary		SWAP		Decreasing Short		381	1.8437  GBP
3 1/3p ordinary		SWAP		Decreasing Short		656	1.8485  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,215	1.8620  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,238	1.8527  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,287	1.8524  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,844	1.8601  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,995	1.8534  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,418	1.8439  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,805	1.8533  GBP
3 1/3p ordinary		SWAP		Decreasing Short		18,745	1.8505  GBP
3 1/3p ordinary		SWAP		Decreasing Short		50,000	1.8598  GBP
3 1/3p ordinary		SWAP		Decreasing Short		50,000	1.8498  GBP
3 1/3p ordinary		CFD		Increasing Short		1,625	1.8441  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,977	1.8500  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,647	1.8540  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,372	1.8565  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,709	1.8558  GBP
3 1/3p ordinary		SWAP		Increasing Short		17,041	1.8523  GBP
3 1/3p ordinary		SWAP		Increasing Short		17,892	1.8440  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,000,000	1.8469  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:				25 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END