Form 8.3 - SPIRENT COMMUNICATIONS PLC

Barclays PLC

22 July 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:				19 Jul 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:			23,407,252	4.05%	692,663	0.12%
(2)	Cash-settled derivatives:
	and/or controlled:			341,836	0.06%	22,961,409	3.97%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			23,749,088	4.10%	23,654,072	4.09%
(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		69,000		1.7900  GBP
3 1/3p ordinary		Purchase		53,558		1.7833  GBP
3 1/3p ordinary		Purchase		25,577		1.7837  GBP
3 1/3p ordinary		Purchase		18,769		1.7820  GBP
3 1/3p ordinary		Purchase		9,453		1.7860  GBP
3 1/3p ordinary		Purchase		7,775		1.7807  GBP
3 1/3p ordinary		Purchase		7,089		1.7841  GBP
3 1/3p ordinary		Purchase		5,724		1.7846  GBP
3 1/3p ordinary		Purchase		167		1.8070  GBP
3 1/3p ordinary		Purchase		101		1.7700  GBP
3 1/3p ordinary		Sale		1,632,887		1.7686  GBP
3 1/3p ordinary		Sale		799,829		1.7687  GBP
3 1/3p ordinary		Sale		122,870		1.7809  GBP
3 1/3p ordinary		Sale		52,754		1.7820  GBP
3 1/3p ordinary		Sale		46,881		1.7799  GBP
3 1/3p ordinary		Sale		27,430		1.7785  GBP
3 1/3p ordinary		Sale		15,000		1.7780  GBP
3 1/3p ordinary		Sale		11,044		1.7937  GBP
3 1/3p ordinary		Sale		8,686		1.7814  GBP
3 1/3p ordinary		Sale		900		1.7790  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		Opening Short		7,256	1.7848  GBP
3 1/3p ordinary		SWAP		Increasing Long		30,085	1.7799  GBP
3 1/3p ordinary		SWAP		Decreasing Long		14	1.7700  GBP
3 1/3p ordinary		SWAP		Decreasing Long		2,511	1.7869  GBP
3 1/3p ordinary		CFD		Decreasing Short		4,444	1.7798  GBP
3 1/3p ordinary		CFD		Decreasing Short		11,586	1.7818  GBP
3 1/3p ordinary		CFD		Decreasing Short		35,171	1.7819  GBP
3 1/3p ordinary		CFD		Increasing Short		17,034	1.7820  GBP
3 1/3p ordinary		SWAP		Decreasing Short		180	1.7709  GBP
3 1/3p ordinary		SWAP		Increasing Short		75	1.7700  GBP
3 1/3p ordinary		SWAP		Increasing Short		13,946	1.7862  GBP
3 1/3p ordinary		SWAP		Opening Long		13,628	1.7780  GBP
3 1/3p ordinary		SWAP		Opening Short		34,481	1.7816  GBP
3 1/3p ordinary		SWAP		Decreasing Short		11,044	1.7937  GBP
3 1/3p ordinary		SWAP		Decreasing Short		799,829	1.7687  GBP
3 1/3p ordinary		SWAP		Decreasing Short		46,881	1.7799  GBP
3 1/3p ordinary		SWAP		Decreasing Short		38,138	1.7820  GBP
3 1/3p ordinary		SWAP		Decreasing Short		8,686	1.7814  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,775	1.7807  GBP
3 1/3p ordinary		SWAP		Opening Long		22,000	1.7790  GBP
3 1/3p ordinary		SWAP		Increasing Short		12	1.7700  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,620	1.7865  GBP
3 1/3p ordinary		SWAP		Decreasing Long		34,061	1.7851  GBP
3 1/3p ordinary		SWAP		Decreasing Long		69,000	1.7901  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,632,887	1.7686  GBP
3 1/3p ordinary		SWAP		Decreasing Short		27,430	1.7785  GBP
3 1/3p ordinary		SWAP		Decreasing Short		25,709	1.7820  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:				22 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END