Form 8.3 - Spirent Communications plc

Barclays PLC
07 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:

06 Nov 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:

 

 

42,120,340

7.28%

1,158,987

0.20%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

739,519

0.13%

41,078,091

7.10%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

42,859,859

7.41%

42,237,078

7.30%

(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

186,042

1.7094  GBP

3 1/3p ordinary

Purchase

132,143

1.7050  GBP

3 1/3p ordinary

Purchase

111,824

1.7071  GBP

3 1/3p ordinary

Purchase

39,134

1.7025  GBP

3 1/3p ordinary

Purchase

31,296

1.7040  GBP

3 1/3p ordinary

Purchase

11,813

1.7099  GBP

3 1/3p ordinary

Purchase

10,919

1.7167  GBP

3 1/3p ordinary

Purchase

6,184

1.7058  GBP

3 1/3p ordinary

Purchase

5,500

1.7109  GBP

3 1/3p ordinary

Purchase

5,150

1.7060  GBP

3 1/3p ordinary

Purchase

1,911

1.7310  GBP

3 1/3p ordinary

Purchase

1,314

1.7100  GBP

3 1/3p ordinary

Purchase

941

1.7000  GBP

3 1/3p ordinary

Purchase

893

1.7070  GBP

3 1/3p ordinary

Purchase

7

1.6970  GBP

3 1/3p ordinary

Sale

110,287

1.7049  GBP

3 1/3p ordinary

Sale

101,362

1.7078  GBP

3 1/3p ordinary

Sale

75,086

1.7040  GBP

3 1/3p ordinary

Sale

16,045

1.7041  GBP

3 1/3p ordinary

Sale

12,375

1.6991  GBP

3 1/3p ordinary

Sale

11,728

1.7044  GBP

3 1/3p ordinary

Sale

10,234

1.7104  GBP

3 1/3p ordinary

Sale

6,986

1.6970  GBP

3 1/3p ordinary

Sale

6,015

1.7076  GBP

3 1/3p ordinary

Sale

4,817

1.7079  GBP

3 1/3p ordinary

Sale

4,215

1.7055  GBP

3 1/3p ordinary

Sale

3,057

1.6968  GBP

3 1/3p ordinary

Sale

1,546

1.7000  GBP

3 1/3p ordinary

Sale

890

1.7066  GBP

3 1/3p ordinary

Sale

483

1.6969  GBP

3 1/3p ordinary

Sale

265

1.7004  GBP

3 1/3p ordinary

Sale

49

1.7099  GBP

3 1/3p ordinary

Sale

41

1.7075  GBP

3 1/3p ordinary

Sale

13

1.7070  GBP

3 1/3p ordinary

Sale

11

1.7086  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

2,702

1.6960  GBP

3 1/3p ordinary

SWAP

Decreasing Short

483

1.6969  GBP

3 1/3p ordinary

SWAP

Decreasing Short

6,979

1.6970  GBP

3 1/3p ordinary

SWAP

Decreasing Short

12,375

1.6991  GBP

3 1/3p ordinary

SWAP

Decreasing Short

17

1.7000  GBP

3 1/3p ordinary

SWAP

Decreasing Short

355

1.7030  GBP

3 1/3p ordinary

SWAP

Decreasing Short

75,092

1.7040  GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,728

1.7044  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,026

1.7045  GBP

3 1/3p ordinary

SWAP

Decreasing Short

109,981

1.7049  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,215

1.7055  GBP

3 1/3p ordinary

SWAP

Decreasing Short

289

1.7059  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,377

1.7076  GBP

3 1/3p ordinary

SWAP

Decreasing Short

101,250

1.7078  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,817

1.7079  GBP

3 1/3p ordinary

SWAP

Decreasing Short

389

1.7093  GBP

3 1/3p ordinary

SWAP

Decreasing Short

49

1.7099  GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,234

1.7104  GBP

3 1/3p ordinary

SWAP

Increasing Short

941

1.7000  GBP

3 1/3p ordinary

SWAP

Increasing Short

100

1.7010  GBP

3 1/3p ordinary

SWAP

Increasing Short

39,134

1.7025  GBP

3 1/3p ordinary

SWAP

Increasing Short

111,334

1.7040  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,273

1.7062  GBP

3 1/3p ordinary

SWAP

Increasing Short

111,824

1.7071  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,435

1.7081  GBP

3 1/3p ordinary

SWAP

Increasing Short

526

1.7090  GBP

3 1/3p ordinary

SWAP

Increasing Short

186,042

1.7094  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,813

1.7099  GBP

3 1/3p ordinary

SWAP

Increasing Short

759

1.7100  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,500

1.7109  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,297

1.7112  GBP

3 1/3p ordinary

SWAP

Increasing Short

10,919

1.7167  GBP

3 1/3p ordinary

CFD

Increasing Short

31,864

1.7080  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:

07 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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