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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: |
08 Jan 2025 |
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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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44,669,172 |
7.72% |
1,105,271 |
0.19% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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789,981 |
0.14% |
44,504,963 |
7.69% |
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(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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45,459,153 |
7.86% |
45,610,234 |
7.88% |
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(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 |
74,800 |
1.7201 GBP |
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3 1/3p ordinary |
Purchase |
48,000 |
1.7200 GBP |
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3 1/3p ordinary |
Purchase |
46,409 |
1.7232 GBP |
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3 1/3p ordinary |
Purchase |
11,878 |
1.7360 GBP |
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3 1/3p ordinary |
Purchase |
7,429 |
1.7291 GBP |
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3 1/3p ordinary |
Purchase |
5,100 |
1.7341 GBP |
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3 1/3p ordinary |
Purchase |
1,539 |
1.7371 GBP |
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3 1/3p ordinary |
Purchase |
1,164 |
1.7359 GBP |
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3 1/3p ordinary |
Purchase |
826 |
1.7256 GBP |
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3 1/3p ordinary |
Purchase |
744 |
1.7318 GBP |
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3 1/3p ordinary |
Purchase |
682 |
1.7354 GBP |
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3 1/3p ordinary |
Purchase |
347 |
1.7349 GBP |
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3 1/3p ordinary |
Purchase |
309 |
1.7350 GBP |
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3 1/3p ordinary |
Purchase |
275 |
1.7274 GBP |
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3 1/3p ordinary |
Purchase |
137 |
1.7365 GBP |
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3 1/3p ordinary |
Purchase |
124 |
1.7357 GBP |
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3 1/3p ordinary |
Purchase |
93 |
1.7348 GBP |
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3 1/3p ordinary |
Purchase |
66 |
1.7370 GBP |
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3 1/3p ordinary |
Purchase |
38 |
1.7310 GBP |
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3 1/3p ordinary |
Purchase |
12 |
1.7358 GBP |
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3 1/3p ordinary |
Sale |
64,780 |
1.7200 GBP |
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3 1/3p ordinary |
Sale |
61,016 |
1.7206 GBP |
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3 1/3p ordinary |
Sale |
55,845 |
1.7213 GBP |
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3 1/3p ordinary |
Sale |
30,122 |
1.7319 GBP |
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3 1/3p ordinary |
Sale |
25,818 |
1.7342 GBP |
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3 1/3p ordinary |
Sale |
16,991 |
1.7283 GBP |
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3 1/3p ordinary |
Sale |
14,275 |
1.7249 GBP |
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3 1/3p ordinary |
Sale |
10,935 |
1.7309 GBP |
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3 1/3p ordinary |
Sale |
7,427 |
1.7203 GBP |
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3 1/3p ordinary |
Sale |
4,406 |
1.7256 GBP |
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3 1/3p ordinary |
Sale |
3,976 |
1.7311 GBP |
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3 1/3p ordinary |
Sale |
3,950 |
1.7298 GBP |
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3 1/3p ordinary |
Sale |
3,794 |
1.7276 GBP |
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3 1/3p ordinary |
Sale |
3,340 |
1.7363 GBP |
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3 1/3p ordinary |
Sale |
3,237 |
1.7350 GBP |
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3 1/3p ordinary |
Sale |
3,203 |
1.7349 GBP |
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3 1/3p ordinary |
Sale |
3,178 |
1.7284 GBP |
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3 1/3p ordinary |
Sale |
2,385 |
1.7289 GBP |
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3 1/3p ordinary |
Sale |
1,236 |
1.7328 GBP |
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3 1/3p ordinary |
Sale |
645 |
1.7345 GBP |
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3 1/3p ordinary |
Sale |
595 |
1.7361 GBP |
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3 1/3p ordinary |
Sale |
403 |
1.7340 GBP |
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3 1/3p ordinary |
Sale |
66 |
1.7371 GBP |
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3 1/3p ordinary |
Sale |
56 |
1.7300 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 |
741 |
1.7199 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
64,709 |
1.7200 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
59,210 |
1.7202 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
300 |
1.7229 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
14,275 |
1.7249 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
42,102 |
1.7252 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
42,407 |
1.7253 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
4,208 |
1.7263 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
3,794 |
1.7276 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
16,991 |
1.7283 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
30,122 |
1.7320 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
10,570 |
1.7323 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
645 |
1.7345 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
3,203 |
1.7349 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
69,645 |
1.7200 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
74,800 |
1.7201 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
6 |
1.7250 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
66 |
1.7251 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
6,078 |
1.7260 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
275 |
1.7274 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
7,429 |
1.7290 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
422 |
1.7303 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
588 |
1.7307 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
6,893 |
1.7340 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
5,100 |
1.7341 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
124 |
1.7357 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
5,876 |
1.7360 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
368 |
1.7371 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
6,058 |
1.7281 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
1,578 |
1.7358 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
10,194 |
1.7201 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 |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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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: |
09 Jan 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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