FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
SPIRENT COMMUNICATIONS PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
02 Dec 2024 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
3 1/3p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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43,414,577 |
7.50% |
1,367,928 |
0.24% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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977,796 |
0.17% |
42,516,968 |
7.35% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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44,392,373 |
7.67% |
43,884,896 |
7.58% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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3 1/3p ordinary |
Purchase |
650,000 |
1.8059 GBP |
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3 1/3p ordinary |
Purchase |
200,000 |
1.8039 GBP |
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3 1/3p ordinary |
Purchase |
125,000 |
1.8089 GBP |
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3 1/3p ordinary |
Purchase |
114,270 |
1.7837 GBP |
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3 1/3p ordinary |
Purchase |
100,000 |
1.7959 GBP |
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3 1/3p ordinary |
Purchase |
96,408 |
1.8043 GBP |
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3 1/3p ordinary |
Purchase |
62,917 |
1.7967 GBP |
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3 1/3p ordinary |
Purchase |
60,852 |
1.7780 GBP |
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3 1/3p ordinary |
Purchase |
52,027 |
1.7983 GBP |
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3 1/3p ordinary |
Purchase |
49,108 |
1.7807 GBP |
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3 1/3p ordinary |
Purchase |
17,887 |
1.7981 GBP |
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3 1/3p ordinary |
Purchase |
13,462 |
1.7894 GBP |
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3 1/3p ordinary |
Purchase |
5,548 |
1.8030 GBP |
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3 1/3p ordinary |
Purchase |
4,582 |
1.7865 GBP |
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3 1/3p ordinary |
Purchase |
4,560 |
1.7825 GBP |
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3 1/3p ordinary |
Purchase |
4,293 |
1.8035 GBP |
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3 1/3p ordinary |
Purchase |
2,955 |
1.7985 GBP |
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3 1/3p ordinary |
Purchase |
2,700 |
1.7947 GBP |
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3 1/3p ordinary |
Purchase |
1,699 |
1.8013 GBP |
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3 1/3p ordinary |
Purchase |
1,354 |
1.7975 GBP |
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3 1/3p ordinary |
Purchase |
388 |
1.7811 GBP |
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3 1/3p ordinary |
Purchase |
211 |
1.8082 GBP |
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3 1/3p ordinary |
Purchase |
84 |
1.7862 GBP |
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3 1/3p ordinary |
Sale |
96,428 |
1.7816 GBP |
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3 1/3p ordinary |
Sale |
87,743 |
1.8016 GBP |
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3 1/3p ordinary |
Sale |
82,524 |
1.7985 GBP |
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3 1/3p ordinary |
Sale |
57,984 |
1.7853 GBP |
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3 1/3p ordinary |
Sale |
56,631 |
1.7780 GBP |
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3 1/3p ordinary |
Sale |
39,707 |
1.7799 GBP |
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3 1/3p ordinary |
Sale |
22,009 |
1.7855 GBP |
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3 1/3p ordinary |
Sale |
19,761 |
1.7898 GBP |
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3 1/3p ordinary |
Sale |
15,377 |
1.7848 GBP |
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3 1/3p ordinary |
Sale |
15,063 |
1.8036 GBP |
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3 1/3p ordinary |
Sale |
7,403 |
1.8012 GBP |
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3 1/3p ordinary |
Sale |
6,100 |
1.7864 GBP |
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3 1/3p ordinary |
Sale |
5,112 |
1.7828 GBP |
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3 1/3p ordinary |
Sale |
4,336 |
1.8014 GBP |
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3 1/3p ordinary |
Sale |
4,293 |
1.8035 GBP |
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3 1/3p ordinary |
Sale |
3,305 |
1.8026 GBP |
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3 1/3p ordinary |
Sale |
2,816 |
1.8050 GBP |
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3 1/3p ordinary |
Sale |
1,899 |
1.8020 GBP |
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3 1/3p ordinary |
Sale |
1,651 |
1.7779 GBP |
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3 1/3p ordinary |
Sale |
900 |
1.7750 GBP |
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3 1/3p ordinary |
Sale |
36 |
1.7950 GBP |
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3 1/3p ordinary |
Sale |
13 |
1.7960 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1 |
1.7370 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
900 |
1.7750 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
171 |
1.7780 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
39,707 |
1.7799 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
6,100 |
1.7864 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
19,761 |
1.7898 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
70,706 |
1.7905 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
165 |
1.7933 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
82,524 |
1.7985 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
73,478 |
1.7780 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
9 |
1.7823 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
3,712 |
1.7825 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
3 |
1.7860 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,383 |
1.7869 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
345 |
1.7870 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,700 |
1.7947 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
100,000 |
1.7958 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
8,120 |
1.7965 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
62,917 |
1.7967 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
21,163 |
1.7969 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
52,027 |
1.7983 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
200,000 |
1.8039 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
650,000 |
1.8059 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
49 |
1.8081 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
125,000 |
1.8089 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
570 |
1.7368 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
2,076 |
1.7780 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
3,361 |
1.7943 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
981 |
1.7950 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
8,659 |
1.7957 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
211 |
1.8082 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
03 Dec 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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