Form 8.3 SPIRENT COMMUNICATIONS PLC

Barclays PLC

12 March 2025

 

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:				11 Mar 2025
(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:			46,708,850	8.07%	1,349,013	0.23%
(2)	Cash-settled derivatives:
	and/or controlled:			193,661	0.03%	46,525,654	8.04%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			46,902,511	8.11%	47,874,667	8.27%
(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		66,669		1.8943  GBP
3 1/3p ordinary		Purchase		56,949		1.8938  GBP
3 1/3p ordinary		Purchase		23,496		1.8950  GBP
3 1/3p ordinary		Purchase		18,893		1.8928  GBP
3 1/3p ordinary		Purchase		14,961		1.8920  GBP
3 1/3p ordinary		Purchase		14,676		1.8906  GBP
3 1/3p ordinary		Purchase		9,882		1.8922  GBP
3 1/3p ordinary		Purchase		9,193		1.8930  GBP
3 1/3p ordinary		Purchase		7,892		1.8900  GBP
3 1/3p ordinary		Purchase		7,500		1.8980  GBP
3 1/3p ordinary		Purchase		5,237		1.8936  GBP
3 1/3p ordinary		Purchase		4,549		1.8918  GBP
3 1/3p ordinary		Purchase		3,898		1.8905  GBP
3 1/3p ordinary		Purchase		2,180		1.8910  GBP
3 1/3p ordinary		Purchase		1,201		1.8925  GBP
3 1/3p ordinary		Purchase		1,032		1.8899  GBP
3 1/3p ordinary		Purchase		976		1.8945  GBP
3 1/3p ordinary		Purchase		546		1.8915  GBP
3 1/3p ordinary		Purchase		530		1.8890  GBP
3 1/3p ordinary		Purchase		502		1.8970  GBP
3 1/3p ordinary		Purchase		8		1.8990  GBP
3 1/3p ordinary		Purchase		2		1.8965  GBP
3 1/3p ordinary		Sale		99,089		1.8950  GBP
3 1/3p ordinary		Sale		44,976		1.8912  GBP
3 1/3p ordinary		Sale		40,462		1.8917  GBP
3 1/3p ordinary		Sale		23,686		1.8925  GBP
3 1/3p ordinary		Sale		20,742		1.8944  GBP
3 1/3p ordinary		Sale		16,996		1.8926  GBP
3 1/3p ordinary		Sale		14,057		1.8941  GBP
3 1/3p ordinary		Sale		7,500		1.8980  GBP
3 1/3p ordinary		Sale		7,283		1.8930  GBP
3 1/3p ordinary		Sale		5,236		1.8900  GBP
3 1/3p ordinary		Sale		4,647		1.8919  GBP
3 1/3p ordinary		Sale		3,898		1.8905  GBP
3 1/3p ordinary		Sale		3,200		1.8932  GBP
3 1/3p ordinary		Sale		3,174		1.8928  GBP
3 1/3p ordinary		Sale		2,082		1.8887  GBP
3 1/3p ordinary		Sale		2,026		1.8890  GBP
3 1/3p ordinary		Sale		1,952		1.8945  GBP
3 1/3p ordinary		Sale		1,835		1.8958  GBP
3 1/3p ordinary		Sale		1,798		1.8916  GBP
3 1/3p ordinary		Sale		1,635		1.8910  GBP
3 1/3p ordinary		Sale		873		1.8920  GBP
3 1/3p ordinary		Sale		607		1.8908  GBP
3 1/3p ordinary		Sale		546		1.8915  GBP
3 1/3p ordinary		Sale		543		1.8935  GBP
3 1/3p ordinary		Sale		502		1.8970  GBP
3 1/3p ordinary		Sale		476		1.8949  GBP
3 1/3p ordinary		Sale		8		1.8990  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		39,293	1.8900  GBP
3 1/3p ordinary		SWAP		Decreasing Short		7,694	1.8908  GBP
3 1/3p ordinary		SWAP		Decreasing Short		44,976	1.8912  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,164	1.8915  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,032	1.8921  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,053	1.8925  GBP
3 1/3p ordinary		SWAP		Decreasing Short		16,996	1.8926  GBP
3 1/3p ordinary		SWAP		Decreasing Short		13,333	1.8934  GBP
3 1/3p ordinary		SWAP		Decreasing Short		66,973	1.8948  GBP
3 1/3p ordinary		SWAP		Decreasing Short		476	1.8949  GBP
3 1/3p ordinary		SWAP		Decreasing Short		7,854	1.8950  GBP
3 1/3p ordinary		SWAP		Increasing Short		2	1.8900  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,076	1.8902  GBP
3 1/3p ordinary		SWAP		Increasing Short		8,874	1.8906  GBP
3 1/3p ordinary		SWAP		Increasing Short		8,692	1.8920  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,470	1.8922  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,144	1.8924  GBP
3 1/3p ordinary		SWAP		Increasing Short		149	1.8925  GBP
3 1/3p ordinary		SWAP		Increasing Short		10,045	1.8930  GBP
3 1/3p ordinary		SWAP		Increasing Short		26,026	1.8934  GBP
3 1/3p ordinary		SWAP		Increasing Short		42,207	1.8939  GBP
3 1/3p ordinary		SWAP		Increasing Short		19,227	1.8950  GBP
3 1/3p ordinary		CFD		Decreasing Short		1,227	1.8922  GBP
3 1/3p ordinary		CFD		Increasing Short		4,633	1.8937  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:				12 Mar 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END