Form 8.3 - Spirent Communications plc Replacement

Barclays PLC

28 February 2025

 

FORM 8.3 - Amendment - this form replaces RNS number 1319A published at 14:52 on Released at 12/08/2024, changes made to section 2a.
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  relevant securities this form relates:			SPIRENT COMMUNICATIONS PLC
(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:			09 Aug 2024
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			NO
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:				24,403,292	4.21%	1,090,666	0.19%
(2) Cash-settled derivatives:				521,517	0.09%	23,363,598	4.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				24,924,809	4.30%	24,454,264	4.22%
(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 PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
3 1/3p ordinary	Purchase	490,000	1.7648  GBP
3 1/3p ordinary	Purchase	151,697	1.7669  GBP
3 1/3p ordinary	Purchase	137,111	1.7607  GBP
3 1/3p ordinary	Purchase	50,038	1.7615  GBP
3 1/3p ordinary	Purchase	25,899	1.7651  GBP
3 1/3p ordinary	Purchase	23,034	1.7628  GBP
3 1/3p ordinary	Purchase	15,381	1.7613  GBP
3 1/3p ordinary	Purchase	10,170	1.7610  GBP
3 1/3p ordinary	Purchase	7,986	1.7621  GBP
3 1/3p ordinary	Purchase	7,787	1.7660  GBP
3 1/3p ordinary	Purchase	5,823	1.7656  GBP
3 1/3p ordinary	Purchase	5,126	1.7620  GBP
3 1/3p ordinary	Purchase	4,699	1.7603  GBP
3 1/3p ordinary	Purchase	4,600	1.7654  GBP
3 1/3p ordinary	Purchase	3,669	1.7560  GBP
3 1/3p ordinary	Purchase	3,651	1.7658  GBP
3 1/3p ordinary	Purchase	3,158	1.7614  GBP
3 1/3p ordinary	Purchase	2,676	1.7600  GBP
3 1/3p ordinary	Purchase	2,280	1.7639  GBP
3 1/3p ordinary	Purchase	2,047	1.7599  GBP
3 1/3p ordinary	Purchase	1,572	1.7650  GBP
3 1/3p ordinary	Sale	183,777	1.7668  GBP
3 1/3p ordinary	Sale	137,111	1.7607  GBP
3 1/3p ordinary	Sale	71,073	1.7577  GBP
3 1/3p ordinary	Sale	44,703	1.7600  GBP
3 1/3p ordinary	Sale	31,459	1.7581  GBP
3 1/3p ordinary	Sale	8,598	1.7602  GBP
3 1/3p ordinary	Sale	8,076	1.7570  GBP
3 1/3p ordinary	Sale	6,170	1.7579  GBP
3 1/3p ordinary	Sale	5,616	1.7603  GBP
3 1/3p ordinary	Sale	5,391	1.7629  GBP
3 1/3p ordinary	Sale	5,370	1.7608  GBP
3 1/3p ordinary	Sale	1,572	1.7650  GBP
3 1/3p ordinary	Sale	1,572	1.7550  GBP
3 1/3p ordinary	Sale	1,488	1.7620  GBP
3 1/3p ordinary	Sale	622	1.7558  GBP
3 1/3p ordinary	Sale	317	1.7540  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
3 1/3p ordinary	SWAP	Opening Short	9,463	1.7619  GBP
3 1/3p ordinary	SWAP	Decreasing Short	54,696	1.7574  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,866	1.7622  GBP
3 1/3p ordinary	CFD	Decreasing Short	11,534	1.7592  GBP
3 1/3p ordinary	CFD	Decreasing Short	2,738	1.7600  GBP
3 1/3p ordinary	CFD	Increasing Short	162	1.7545  GBP
3 1/3p ordinary	CFD	Increasing Short	2	1.7600  GBP
3 1/3p ordinary	SWAP	Increasing Short	11,573	1.7615  GBP
3 1/3p ordinary	SWAP	Decreasing Short	7,846	1.7582  GBP
3 1/3p ordinary	SWAP	Decreasing Short	8,644	1.7613  GBP
3 1/3p ordinary	SWAP	Increasing Short	709	1.7560  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,986	1.7665  GBP
3 1/3p ordinary	SWAP	Increasing Short	4,600	1.7654  GBP
3 1/3p ordinary	SWAP	Decreasing Short	6,426	1.7574  GBP
3 1/3p ordinary	SWAP	Decreasing Short	10,673	1.7581  GBP
3 1/3p ordinary	SWAP	Decreasing Short	2,197	1.7600  GBP
3 1/3p ordinary	SWAP	Increasing Short	10,120	1.7619  GBP
3 1/3p ordinary	SWAP	Increasing Short	23,034	1.7628  GBP
3 1/3p ordinary	SWAP	Increasing Short	147,000	1.7648  GBP
3 1/3p ordinary	SWAP	Decreasing Short	20,786	1.7581  GBP
3 1/3p ordinary	SWAP	Increasing Short	5,823	1.7656  GBP
3 1/3p ordinary	SWAP	Increasing Short	2,307	1.7602  GBP
3 1/3p ordinary	SWAP	Increasing Short	1,092	1.7630  GBP
3 1/3p ordinary	SWAP	Decreasing Short	2,620	1.7512  GBP
3 1/3p ordinary	SWAP	Decreasing Short	622	1.7558  GBP
3 1/3p ordinary	SWAP	Increasing Short	6,891	1.7600  GBP
3 1/3p ordinary	SWAP	Increasing Short	42,150	1.7615  GBP
3 1/3p ordinary	SWAP	Increasing Short	343,000	1.7648  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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 person 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 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END