Form 8.3 - SPIRENT COMMUNICATIONS PLC

Barclays PLC

12 August 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:				09 Aug 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:			24,203,292	4.18%	1,090,666	0.19%
(2)	Cash-settled derivatives:
	and/or controlled:			521,517	0.09%	23,163,598	4.00%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			24,724,809	4.27%	24,254,264	4.19%
(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		490,000		1.7648  GBP
3 1/3p ordinary		Purchase		151,697		1.7669  GBP
3 1/3p ordinary		Purchase		137,111		1.7607  GBP
3 1/3p ordinary		Purchase		50,038		1.7615  GBP
3 1/3p ordinary		Purchase		25,899		1.7651  GBP
3 1/3p ordinary		Purchase		23,034		1.7628  GBP
3 1/3p ordinary		Purchase		15,381		1.7613  GBP
3 1/3p ordinary		Purchase		10,170		1.7610  GBP
3 1/3p ordinary		Purchase		7,986		1.7621  GBP
3 1/3p ordinary		Purchase		7,787		1.7660  GBP
3 1/3p ordinary		Purchase		5,823		1.7656  GBP
3 1/3p ordinary		Purchase		5,126		1.7620  GBP
3 1/3p ordinary		Purchase		4,699		1.7603  GBP
3 1/3p ordinary		Purchase		4,600		1.7654  GBP
3 1/3p ordinary		Purchase		3,669		1.7560  GBP
3 1/3p ordinary		Purchase		3,651		1.7658  GBP
3 1/3p ordinary		Purchase		3,158		1.7614  GBP
3 1/3p ordinary		Purchase		2,676		1.7600  GBP
3 1/3p ordinary		Purchase		2,280		1.7639  GBP
3 1/3p ordinary		Purchase		2,047		1.7599  GBP
3 1/3p ordinary		Purchase		1,572		1.7650  GBP
3 1/3p ordinary		Sale		183,777		1.7668  GBP
3 1/3p ordinary		Sale		137,111		1.7607  GBP
3 1/3p ordinary		Sale		71,073		1.7577  GBP
3 1/3p ordinary		Sale		44,703		1.7600  GBP
3 1/3p ordinary		Sale		31,459		1.7581  GBP
3 1/3p ordinary		Sale		8,598		1.7602  GBP
3 1/3p ordinary		Sale		8,076		1.7570  GBP
3 1/3p ordinary		Sale		6,170		1.7579  GBP
3 1/3p ordinary		Sale		5,616		1.7603  GBP
3 1/3p ordinary		Sale		5,391		1.7629  GBP
3 1/3p ordinary		Sale		5,370		1.7608  GBP
3 1/3p ordinary		Sale		1,572		1.7650  GBP
3 1/3p ordinary		Sale		1,572		1.7550  GBP
3 1/3p ordinary		Sale		1,488		1.7620  GBP
3 1/3p ordinary		Sale		622		1.7558  GBP
3 1/3p ordinary		Sale		317		1.7540  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		9,463	1.7619  GBP
3 1/3p ordinary		SWAP		Decreasing Short		54,696	1.7574  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,866	1.7622  GBP
3 1/3p ordinary		CFD		Decreasing Short		11,534	1.7592  GBP
3 1/3p ordinary		CFD		Decreasing Short		2,738	1.7600  GBP
3 1/3p ordinary		CFD		Increasing Short		162	1.7545  GBP
3 1/3p ordinary		CFD		Increasing Short		2	1.7600  GBP
3 1/3p ordinary		SWAP		Increasing Short		11,573	1.7615  GBP
3 1/3p ordinary		SWAP		Decreasing Short		7,846	1.7582  GBP
3 1/3p ordinary		SWAP		Decreasing Short		8,644	1.7613  GBP
3 1/3p ordinary		SWAP		Increasing Short		709	1.7560  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,986	1.7665  GBP
3 1/3p ordinary		SWAP		Increasing Short		4,600	1.7654  GBP
3 1/3p ordinary		SWAP		Decreasing Short		6,426	1.7574  GBP
3 1/3p ordinary		SWAP		Decreasing Short		10,673	1.7581  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,197	1.7600  GBP
3 1/3p ordinary		SWAP		Increasing Short		10,120	1.7619  GBP
3 1/3p ordinary		SWAP		Increasing Short		23,034	1.7628  GBP
3 1/3p ordinary		SWAP		Increasing Short		147,000	1.7648  GBP
3 1/3p ordinary		SWAP		Decreasing Short		20,786	1.7581  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,823	1.7656  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,307	1.7602  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,092	1.7630  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,620	1.7512  GBP
3 1/3p ordinary		SWAP		Decreasing Short		622	1.7558  GBP
3 1/3p ordinary		SWAP		Increasing Short		6,891	1.7600  GBP
3 1/3p ordinary		SWAP		Increasing Short		42,150	1.7615  GBP
3 1/3p ordinary		SWAP		Increasing Short		343,000	1.7648  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:				12 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END