Form 8.3 - Spirent Communications plc

Barclays PLC
30 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:

29 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:

 

 

41,160,019

7.11%

1,157,046

0.20%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

724,585

0.13%

40,088,275

6.93%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

41,884,604

7.24%

41,245,321

7.13%

(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

13,711

1.7088  GBP

3 1/3p ordinary

Purchase

13,278

1.7089  GBP

3 1/3p ordinary

Purchase

12,807

1.7009  GBP

3 1/3p ordinary

Purchase

5,748

1.6969  GBP

3 1/3p ordinary

Purchase

5,294

1.7073  GBP

3 1/3p ordinary

Purchase

4,392

1.6952  GBP

3 1/3p ordinary

Purchase

3,907

1.7065  GBP

3 1/3p ordinary

Purchase

2,656

1.7022  GBP

3 1/3p ordinary

Purchase

2,373

1.7100  GBP

3 1/3p ordinary

Purchase

1,203

1.7020  GBP

3 1/3p ordinary

Purchase

920

1.7099  GBP

3 1/3p ordinary

Purchase

834

1.7110  GBP

3 1/3p ordinary

Purchase

830

1.7030  GBP

3 1/3p ordinary

Purchase

599

1.6940  GBP

3 1/3p ordinary

Purchase

523

1.7098  GBP

3 1/3p ordinary

Purchase

167

1.6971  GBP

3 1/3p ordinary

Purchase

62

1.7000  GBP

3 1/3p ordinary

Purchase

8

1.7130  GBP

3 1/3p ordinary

Purchase

5

1.7120  GBP

3 1/3p ordinary

Sale

229,829

1.6951  GBP

3 1/3p ordinary

Sale

40,545

1.6970  GBP

3 1/3p ordinary

Sale

32,283

1.6956  GBP

3 1/3p ordinary

Sale

22,671

1.7014  GBP

3 1/3p ordinary

Sale

17,105

1.7100  GBP

3 1/3p ordinary

Sale

11,800

1.6974  GBP

3 1/3p ordinary

Sale

8,294

1.7078  GBP

3 1/3p ordinary

Sale

6,969

1.6969  GBP

3 1/3p ordinary

Sale

6,287

1.7084  GBP

3 1/3p ordinary

Sale

5,746

1.7069  GBP

3 1/3p ordinary

Sale

3,793

1.6986  GBP

3 1/3p ordinary

Sale

3,563

1.7018  GBP

3 1/3p ordinary

Sale

2,509

1.7087  GBP

3 1/3p ordinary

Sale

1,664

1.7071  GBP

3 1/3p ordinary

Sale

1,087

1.7025  GBP

3 1/3p ordinary

Sale

834

1.7110  GBP

3 1/3p ordinary

Sale

830

1.7030  GBP

3 1/3p ordinary

Sale

793

1.6950  GBP

3 1/3p ordinary

Sale

581

1.6980  GBP

3 1/3p ordinary

Sale

418

1.7140  GBP

3 1/3p ordinary

Sale

299

1.7010  GBP

3 1/3p ordinary

Sale

288

1.6977  GBP

3 1/3p ordinary

Sale

110

1.7026  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

793

1.6950  GBP

3 1/3p ordinary

SWAP

Decreasing Short

229,829

1.6951  GBP

3 1/3p ordinary

SWAP

Decreasing Short

32,283

1.6956  GBP

3 1/3p ordinary

SWAP

Decreasing Short

47,514

1.6969  GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,800

1.6974  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,793

1.6986  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,129

1.7014  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,563

1.7018  GBP

3 1/3p ordinary

SWAP

Decreasing Short

248

1.7029  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,720

1.7065  GBP

3 1/3p ordinary

SWAP

Decreasing Short

6,430

1.7072  GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,294

1.7078  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,509

1.7087  GBP

3 1/3p ordinary

SWAP

Decreasing Short

14,710

1.7100  GBP

3 1/3p ordinary

SWAP

Decreasing Short

17,104

1.7113  GBP

3 1/3p ordinary

SWAP

Decreasing Short

63,368

1.7130  GBP

3 1/3p ordinary

SWAP

Increasing Short

3

1.6950  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,748

1.6969  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,270

1.6987  GBP

3 1/3p ordinary

SWAP

Increasing Short

6,967

1.6992  GBP

3 1/3p ordinary

SWAP

Increasing Short

251

1.6994  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,203

1.7020  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,656

1.7022  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,048

1.7028  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,040

1.7036  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,167

1.7049  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,928

1.7055  GBP

3 1/3p ordinary

SWAP

Increasing Short

489

1.7071  GBP

3 1/3p ordinary

SWAP

Increasing Short

13,711

1.7088  GBP

3 1/3p ordinary

SWAP

Increasing Short

13,277

1.7089  GBP

3 1/3p ordinary

SWAP

Increasing Short

16

1.7091  GBP

3 1/3p ordinary

SWAP

Increasing Short

339

1.7100  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,086

1.7115  GBP

3 1/3p ordinary

CFD

Decreasing Short

8,850

1.6992  GBP

3 1/3p ordinary

CFD

Decreasing Short

9,676

1.7009  GBP

3 1/3p ordinary

CFD

Decreasing Short

110

1.7026  GBP

3 1/3p ordinary

CFD

Decreasing Short

442

1.7100  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:

30 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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