Form 8.3 - Spirent Communications plc

Barclays PLC

28 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:				25 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:			41,473,253	7.17%	1,078,777	0.19%
(2)	Cash-settled derivatives:
	and/or controlled:			641,504	0.11%	40,391,242	6.98%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			42,114,757	7.28%	41,470,019	7.17%
(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		1.6908  GBP
3 1/3p ordinary		Purchase		350,000		1.7008  GBP
3 1/3p ordinary		Purchase		68,686		1.6978  GBP
3 1/3p ordinary		Purchase		33,954		1.6794  GBP
3 1/3p ordinary		Purchase		28,145		1.6995  GBP
3 1/3p ordinary		Purchase		9,965		1.6798  GBP
3 1/3p ordinary		Purchase		8,442		1.6746  GBP
3 1/3p ordinary		Purchase		7,154		1.6888  GBP
3 1/3p ordinary		Purchase		6,432		1.6870  GBP
3 1/3p ordinary		Purchase		5,808		1.7010  GBP
3 1/3p ordinary		Purchase		3,798		1.6925  GBP
3 1/3p ordinary		Purchase		3,434		1.6747  GBP
3 1/3p ordinary		Purchase		2,794		1.6900  GBP
3 1/3p ordinary		Purchase		1,843		1.6760  GBP
3 1/3p ordinary		Purchase		1,800		1.7009  GBP
3 1/3p ordinary		Purchase		460		1.6820  GBP
3 1/3p ordinary		Sale		1,000,000		1.6892  GBP
3 1/3p ordinary		Sale		750,000		1.6791  GBP
3 1/3p ordinary		Sale		600,000		1.6891  GBP
3 1/3p ordinary		Sale		400,000		1.6741  GBP
3 1/3p ordinary		Sale		89,760		1.6967  GBP
3 1/3p ordinary		Sale		70,000		1.6957  GBP
3 1/3p ordinary		Sale		30,364		1.6750  GBP
3 1/3p ordinary		Sale		13,100		1.6837  GBP
3 1/3p ordinary		Sale		10,875		1.7010  GBP
3 1/3p ordinary		Sale		5,932		1.6960  GBP
3 1/3p ordinary		Sale		5,765		1.6925  GBP
3 1/3p ordinary		Sale		4,941		1.6846  GBP
3 1/3p ordinary		Sale		4,440		1.6856  GBP
3 1/3p ordinary		Sale		2,990		1.6860  GBP
3 1/3p ordinary		Sale		2,849		1.6953  GBP
3 1/3p ordinary		Sale		1,484		1.6932  GBP
3 1/3p ordinary		Sale		1,240		1.6905  GBP
3 1/3p ordinary		Sale		1,183		1.6836  GBP
3 1/3p ordinary		Sale		949		1.6840  GBP
3 1/3p ordinary		Sale		899		1.6820  GBP
3 1/3p ordinary		Sale		888		1.6979  GBP
3 1/3p ordinary		Sale		187		1.6822  GBP
3 1/3p ordinary		Sale		173		1.6760  GBP
3 1/3p ordinary		Sale		43		1.6765  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		400,000	1.6741  GBP
3 1/3p ordinary		SWAP		Decreasing Short		750,000	1.6791  GBP
3 1/3p ordinary		SWAP		Decreasing Short		779	1.6830  GBP
3 1/3p ordinary		SWAP		Decreasing Short		13,100	1.6837  GBP
3 1/3p ordinary		SWAP		Decreasing Short		11,313	1.6845  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,440	1.6856  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,990	1.6860  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,860	1.6867  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,814	1.6889  GBP
3 1/3p ordinary		SWAP		Decreasing Short		600,000	1.6891  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,000,000	1.6892  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,853	1.6902  GBP
3 1/3p ordinary		SWAP		Decreasing Short		70,000	1.6957  GBP
3 1/3p ordinary		SWAP		Decreasing Short		888	1.6979  GBP
3 1/3p ordinary		SWAP		Decreasing Short		41,194	1.7010  GBP
3 1/3p ordinary		SWAP		Increasing Short		13,474	1.6794  GBP
3 1/3p ordinary		SWAP		Increasing Short		9,965	1.6798  GBP
3 1/3p ordinary		SWAP		Increasing Short		460	1.6820  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,389	1.6836  GBP
3 1/3p ordinary		SWAP		Increasing Short		735	1.6853  GBP
3 1/3p ordinary		SWAP		Increasing Short		6,432	1.6870  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,212	1.6871  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,218	1.6882  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,154	1.6888  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,794	1.6900  GBP
3 1/3p ordinary		SWAP		Increasing Short		353	1.6906  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,000,000	1.6908  GBP
3 1/3p ordinary		SWAP		Increasing Short		28,145	1.6995  GBP
3 1/3p ordinary		SWAP		Increasing Short		56,779	1.7001  GBP
3 1/3p ordinary		SWAP		Increasing Short		350,000	1.7008  GBP
3 1/3p ordinary		SWAP		Increasing Short		1	1.7010  GBP
3 1/3p ordinary		CFD		Decreasing Short		10,453	1.6818  GBP
3 1/3p ordinary		CFD		Decreasing Short		187	1.6822  GBP
3 1/3p ordinary		CFD		Decreasing Short		27,093	1.7008  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:				28 Oct 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END