Form 8.3 - Spirent Communications plc

Barclays PLC
28 August 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

 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:

27 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:

24,940,624

4.31%

1,082,865

0.19%

(2) Cash-settled derivatives:

521,517

0.09%

23,927,454

4.14%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

25,462,141

4.40%

25,010,319

4.32%

(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

60,466

1.7749  GBP

3 1/3p ordinary

Purchase

26,658

1.7736  GBP

3 1/3p ordinary

Purchase

16,452

1.7719  GBP

3 1/3p ordinary

Purchase

14,288

1.7804  GBP

3 1/3p ordinary

Purchase

11,669

1.7779  GBP

3 1/3p ordinary

Purchase

9,446

1.7726  GBP

3 1/3p ordinary

Purchase

8,530

1.7796  GBP

3 1/3p ordinary

Purchase

2,851

1.7802  GBP

3 1/3p ordinary

Purchase

2,505

1.7770  GBP

3 1/3p ordinary

Purchase

2,432

1.7698  GBP

3 1/3p ordinary

Purchase

1,665

1.7855  GBP

3 1/3p ordinary

Purchase

1,589

1.7955  GBP

3 1/3p ordinary

Purchase

1,547

1.7850  GBP

3 1/3p ordinary

Purchase

1,327

1.7781  GBP

3 1/3p ordinary

Purchase

209

1.7660  GBP

3 1/3p ordinary

Purchase

178

1.7800  GBP

3 1/3p ordinary

Sale

58,709

1.7797  GBP

3 1/3p ordinary

Sale

55,153

1.7736  GBP

3 1/3p ordinary

Sale

43,664

1.7620  GBP

3 1/3p ordinary

Sale

38,689

1.7800  GBP

3 1/3p ordinary

Sale

18,365

1.7722  GBP

3 1/3p ordinary

Sale

14,972

1.7617  GBP

3 1/3p ordinary

Sale

6,859

1.7743  GBP

3 1/3p ordinary

Sale

2,757

1.7814  GBP

3 1/3p ordinary

Sale

2,599

1.7770  GBP

3 1/3p ordinary

Sale

2,026

1.7750  GBP

3 1/3p ordinary

Sale

635

1.7798  GBP

3 1/3p ordinary

Sale

504

1.7779  GBP

3 1/3p ordinary

Sale

209

1.7660  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

11,669

1.7781  GBP

3 1/3p ordinary

SWAP

Increasing Short

38,552

1.7745  GBP

3 1/3p ordinary

CFD

Decreasing Short

38,689

1.7800  GBP

3 1/3p ordinary

CFD

Increasing Short

178

1.7801  GBP

3 1/3p ordinary

SWAP

Increasing Short

21,696

1.7761  GBP

3 1/3p ordinary

SWAP

Decreasing Short

58,707

1.7797  GBP

3 1/3p ordinary

SWAP

Increasing Short

12,588

1.7681  GBP

3 1/3p ordinary

SWAP

Increasing Short

568

1.7771  GBP

3 1/3p ordinary

SWAP

Decreasing Short

18,365

1.7722  GBP

3 1/3p ordinary

SWAP

Decreasing Short

635

1.7798  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2

1.7600  GBP

3 1/3p ordinary

SWAP

Decreasing Short

43,664

1.7620  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,252

1.7810  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,558

1.7800  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,851

1.7802  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,010

1.7813  GBP

3 1/3p ordinary

SWAP

Decreasing Short

504

1.7779  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,432

1.7698  GBP

3 1/3p ordinary

SWAP

Increasing Short

6,203

1.7760  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,825

1.7767  GBP

3 1/3p ordinary

SWAP

Decreasing Short

14,972

1.7617  GBP

3 1/3p ordinary

SWAP

Decreasing Short

41,655

1.7734  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,505

1.7818  GBP

3 1/3p ordinary

SWAP

Increasing Short

461

1.7800  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,691

1.7805  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 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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