Form 8.3 - Spirent Communications plc

Barclays PLC
02 October 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:

01 Oct 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:

 

 

38,572,420

6.67%

495,709

0.09%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

173,228

0.03%

37,543,506

6.49%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

38,745,648

6.70%

38,039,215

6.57%

(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

101,592

1.7100  GBP

3 1/3p ordinary

Purchase

100,000

1.7013  GBP

3 1/3p ordinary

Purchase

38,175

1.7078  GBP

3 1/3p ordinary

Purchase

29,032

1.7000  GBP

3 1/3p ordinary

Purchase

24,676

1.7009  GBP

3 1/3p ordinary

Purchase

23,936

1.7019  GBP

3 1/3p ordinary

Purchase

21,552

1.7037  GBP

3 1/3p ordinary

Purchase

15,499

1.7051  GBP

3 1/3p ordinary

Purchase

12,189

1.7058  GBP

3 1/3p ordinary

Purchase

10,133

1.7008  GBP

3 1/3p ordinary

Purchase

5,989

1.7024  GBP

3 1/3p ordinary

Purchase

5,265

1.7010  GBP

3 1/3p ordinary

Purchase

2,972

1.7099  GBP

3 1/3p ordinary

Purchase

2,435

1.6999  GBP

3 1/3p ordinary

Purchase

2,212

1.7025  GBP

3 1/3p ordinary

Purchase

1,701

1.7015  GBP

3 1/3p ordinary

Purchase

1,006

1.7094  GBP

3 1/3p ordinary

Purchase

120

1.7001  GBP

3 1/3p ordinary

Purchase

80

1.6950  GBP

3 1/3p ordinary

Purchase

59

1.6990  GBP

3 1/3p ordinary

Purchase

55

1.7012  GBP

3 1/3p ordinary

Purchase

45

1.6960  GBP

3 1/3p ordinary

Purchase

36

1.7018  GBP

3 1/3p ordinary

Purchase

18

1.7090  GBP

3 1/3p ordinary

Sale

79,721

1.7100  GBP

3 1/3p ordinary

Sale

62,851

1.7026  GBP

3 1/3p ordinary

Sale

58,396

1.7020  GBP

3 1/3p ordinary

Sale

27,748

1.7047  GBP

3 1/3p ordinary

Sale

23,713

1.7038  GBP

3 1/3p ordinary

Sale

23,633

1.7003  GBP

3 1/3p ordinary

Sale

23,004

1.7007  GBP

3 1/3p ordinary

Sale

14,817

1.7008  GBP

3 1/3p ordinary

Sale

11,061

1.7000  GBP

3 1/3p ordinary

Sale

5,265

1.7010  GBP

3 1/3p ordinary

Sale

3,845

1.7058  GBP

3 1/3p ordinary

Sale

3,645

1.7012  GBP

3 1/3p ordinary

Sale

1,234

1.7050  GBP

3 1/3p ordinary

Sale

558

1.7005  GBP

3 1/3p ordinary

Sale

160

1.6950  GBP

3 1/3p ordinary

Sale

55

1.6980  GBP

3 1/3p ordinary

Sale

45

1.6960  GBP

3 1/3p ordinary

Sale

18

1.7090  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

162

1.6998  GBP

3 1/3p ordinary

SWAP

Decreasing Short

23,002

1.7007  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,397

1.7014  GBP

3 1/3p ordinary

SWAP

Decreasing Short

51,694

1.7021  GBP

3 1/3p ordinary

SWAP

Decreasing Short

27,748

1.7047  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,234

1.7050  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,793

1.7080  GBP

3 1/3p ordinary

SWAP

Increasing Short

8,261

1.6906  GBP

3 1/3p ordinary

SWAP

Increasing Short

313,000

1.6973  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,843

1.6997  GBP

3 1/3p ordinary

SWAP

Increasing Short

19,888

1.7000  GBP

3 1/3p ordinary

SWAP

Increasing Short

24,676

1.7009  GBP

3 1/3p ordinary

SWAP

Increasing Short

8,787

1.7010  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,633

1.7013  GBP

3 1/3p ordinary

SWAP

Increasing Short

926

1.7015  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,098

1.7016  GBP

3 1/3p ordinary

SWAP

Increasing Short

23,936

1.7019  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,989

1.7024  GBP

3 1/3p ordinary

SWAP

Increasing Short

595

1.7041  GBP

3 1/3p ordinary

SWAP

Increasing Short

15,499

1.7051  GBP

3 1/3p ordinary

SWAP

Increasing Short

38,175

1.7078  GBP

3 1/3p ordinary

SWAP

Increasing Short

24,707

1.7100  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,307

1.7108  GBP

3 1/3p ordinary

CFD

Decreasing Short

1,137

1.6998  GBP

3 1/3p ordinary

CFD

Decreasing Short

2

1.7000  GBP

3 1/3p ordinary

CFD

Decreasing Short

6,013

1.7033  GBP

3 1/3p ordinary

CFD

Increasing Short

55

1.7012  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:

02 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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