Form 8.3 - Spirent Communications plc

Barclays PLC
01 November 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:

31 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:

 

 

41,526,921

7.18%

934,303

0.16%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

506,691

0.09%

40,478,400

7.00%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

42,033,612

7.26%

41,412,703

7.16%

(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

158,874

1.6794  GBP

3 1/3p ordinary

Purchase

140,378

1.6800  GBP

3 1/3p ordinary

Purchase

67,294

1.6801  GBP

3 1/3p ordinary

Purchase

14,257

1.6808  GBP

3 1/3p ordinary

Purchase

6,105

1.6907  GBP

3 1/3p ordinary

Purchase

4,879

1.6772  GBP

3 1/3p ordinary

Purchase

3,821

1.6805  GBP

3 1/3p ordinary

Purchase

1,453

1.6841  GBP

3 1/3p ordinary

Purchase

201

1.6825  GBP

3 1/3p ordinary

Purchase

192

1.6817  GBP

3 1/3p ordinary

Purchase

42

1.6743  GBP

3 1/3p ordinary

Purchase

29

1.6870  GBP

3 1/3p ordinary

Purchase

27

1.6830  GBP

3 1/3p ordinary

Purchase

19

1.6770  GBP

3 1/3p ordinary

Purchase

13

1.6920  GBP

3 1/3p ordinary

Purchase

13

1.6650  GBP

3 1/3p ordinary

Purchase

12

1.6840  GBP

3 1/3p ordinary

Purchase

12

1.6720  GBP

3 1/3p ordinary

Purchase

5

1.6890  GBP

3 1/3p ordinary

Purchase

4

1.6780  GBP

3 1/3p ordinary

Purchase

4

1.6810  GBP

3 1/3p ordinary

Sale

98,947

1.6802  GBP

3 1/3p ordinary

Sale

67,767

1.6800  GBP

3 1/3p ordinary

Sale

34,940

1.6762  GBP

3 1/3p ordinary

Sale

13,600

1.6795  GBP

3 1/3p ordinary

Sale

8,449

1.6759  GBP

3 1/3p ordinary

Sale

4,884

1.6778  GBP

3 1/3p ordinary

Sale

3,267

1.6750  GBP

3 1/3p ordinary

Sale

2,913

1.6839  GBP

3 1/3p ordinary

Sale

1,980

1.6742  GBP

3 1/3p ordinary

Sale

1,686

1.6736  GBP

3 1/3p ordinary

Sale

955

1.6820  GBP

3 1/3p ordinary

Sale

950

1.6749  GBP

3 1/3p ordinary

Sale

278

1.6899  GBP

3 1/3p ordinary

Sale

177

1.6812  GBP

3 1/3p ordinary

Sale

141

1.6809  GBP

3 1/3p ordinary

Sale

90

1.6849  GBP

3 1/3p ordinary

Sale

64

1.6859  GBP

3 1/3p ordinary

Sale

29

1.6870  GBP

3 1/3p ordinary

Sale

27

1.6830  GBP

3 1/3p ordinary

Sale

22

1.6781  GBP

3 1/3p ordinary

Sale

19

1.6770  GBP

3 1/3p ordinary

Sale

13

1.6650  GBP

3 1/3p ordinary

Sale

12

1.6720  GBP

3 1/3p ordinary

Sale

12

1.6840  GBP

3 1/3p ordinary

Sale

7

1.6920  GBP

3 1/3p ordinary

Sale

5

1.6890  GBP

3 1/3p ordinary

Sale

4

1.6780  GBP

3 1/3p ordinary

Sale

4

1.6810  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

4,821

1.6745  GBP

3 1/3p ordinary

SWAP

Decreasing Short

950

1.6749  GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,449

1.6759  GBP

3 1/3p ordinary

SWAP

Decreasing Short

16,004

1.6762  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,016

1.6777  GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,600

1.6795  GBP

3 1/3p ordinary

SWAP

Decreasing Short

29,661

1.6800  GBP

3 1/3p ordinary

SWAP

Decreasing Short

177

1.6812  GBP

3 1/3p ordinary

SWAP

Decreasing Short

327

1.6835  GBP

3 1/3p ordinary

SWAP

Decreasing Short

278

1.6899  GBP

3 1/3p ordinary

SWAP

Increasing Short

187

1.6731  GBP

3 1/3p ordinary

SWAP

Increasing Short

158,874

1.6794  GBP

3 1/3p ordinary

SWAP

Increasing Short

72,624

1.6800  GBP

3 1/3p ordinary

SWAP

Increasing Short

960

1.6803  GBP

3 1/3p ordinary

SWAP

Increasing Short

201

1.6825  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,763

1.6829  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,453

1.6841  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,792

1.6862  GBP

3 1/3p ordinary

SWAP

Increasing Short

6,105

1.6907  GBP

3 1/3p ordinary

CFD

Decreasing Short

2,976

1.6847  GBP

3 1/3p ordinary

CFD

Increasing Short

278

1.6841  GBP

3 1/3p ordinary

CFD

Increasing Short

1,488

1.6847  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:

01 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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