Form 8.3 - Spirent Communications plc

Barclays PLC
09 September 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 Sep 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:

 

 

33,535,843

5.80%

897,369

0.16%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

512,333

0.09%

32,772,201

5.66%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

34,048,176

5.88%

33,669,570

5.82%

(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

300,000

1.7348  GBP

3 1/3p ordinary

Purchase

117,865

1.7470  GBP

3 1/3p ordinary

Purchase

106,761

1.7310  GBP

3 1/3p ordinary

Purchase

72,007

1.7352  GBP

3 1/3p ordinary

Purchase

70,000

1.7340  GBP

3 1/3p ordinary

Purchase

43,915

1.7328  GBP

3 1/3p ordinary

Purchase

40,384

1.7387  GBP

3 1/3p ordinary

Purchase

32,941

1.7349  GBP

3 1/3p ordinary

Purchase

30,361

1.7330  GBP

3 1/3p ordinary

Purchase

10,708

1.7344  GBP

3 1/3p ordinary

Purchase

6,079

1.7385  GBP

3 1/3p ordinary

Purchase

5,218

1.7337  GBP

3 1/3p ordinary

Purchase

4,594

1.7490  GBP

3 1/3p ordinary

Purchase

3,493

1.7403  GBP

3 1/3p ordinary

Purchase

3,429

1.7367  GBP

3 1/3p ordinary

Purchase

2,887

1.7445  GBP

3 1/3p ordinary

Purchase

2,500

1.7300  GBP

3 1/3p ordinary

Purchase

1,856

1.7420  GBP

3 1/3p ordinary

Purchase

1,762

1.7591  GBP

3 1/3p ordinary

Purchase

1,704

1.7402  GBP

3 1/3p ordinary

Purchase

826

1.7401  GBP

3 1/3p ordinary

Purchase

467

1.7430  GBP

3 1/3p ordinary

Purchase

376

1.7360  GBP

3 1/3p ordinary

Purchase

367

1.7390  GBP

3 1/3p ordinary

Purchase

344

1.7460  GBP

3 1/3p ordinary

Sale

186,847

1.7438  GBP

3 1/3p ordinary

Sale

100,000

1.7312  GBP

3 1/3p ordinary

Sale

74,309

1.7378  GBP

3 1/3p ordinary

Sale

67,505

1.7308  GBP

3 1/3p ordinary

Sale

42,958

1.7330  GBP

3 1/3p ordinary

Sale

17,323

1.7309  GBP

3 1/3p ordinary

Sale

13,264

1.7411  GBP

3 1/3p ordinary

Sale

6,529

1.7338  GBP

3 1/3p ordinary

Sale

5,218

1.7337  GBP

3 1/3p ordinary

Sale

3,070

1.7344  GBP

3 1/3p ordinary

Sale

1,961

1.7354  GBP

3 1/3p ordinary

Sale

1,189

1.7403  GBP

3 1/3p ordinary

Sale

1,031

1.7326  GBP

3 1/3p ordinary

Sale

584

1.7380  GBP

3 1/3p ordinary

Sale

16

1.7540  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

67,505

1.7308  GBP

3 1/3p ordinary

SWAP

Decreasing Short

17,323

1.7309  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,798

1.7311  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,031

1.7326  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,471

1.7330  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,592

1.7354  GBP

3 1/3p ordinary

SWAP

Decreasing Short

37,344

1.7389  GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,264

1.7411  GBP

3 1/3p ordinary

SWAP

Decreasing Short

16

1.7538  GBP

3 1/3p ordinary

SWAP

Increasing Short

43,915

1.7328  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,408

1.7330  GBP

3 1/3p ordinary

SWAP

Increasing Short

70,000

1.7340  GBP

3 1/3p ordinary

SWAP

Increasing Short

300,000

1.7348  GBP

3 1/3p ordinary

SWAP

Increasing Short

32,941

1.7349  GBP

3 1/3p ordinary

SWAP

Increasing Short

376

1.7360  GBP

3 1/3p ordinary

SWAP

Increasing Short

826

1.7401  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,704

1.7402  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,637

1.7405  GBP

3 1/3p ordinary

SWAP

Increasing Short

18,567

1.7409  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,535

1.7413  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,583

1.7415  GBP

3 1/3p ordinary

SWAP

Increasing Short

182

1.7424  GBP

3 1/3p ordinary

SWAP

Increasing Short

344

1.7461  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,762

1.7591  GBP

3 1/3p ordinary

CFD

Increasing Short

4

1.7325  GBP

3 1/3p ordinary

CFD

Increasing Short

5,251

1.7329  GBP

3 1/3p ordinary

CFD

Increasing Short

2,075

1.7409  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:

09 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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