|
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: |
04 Apr 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: |
|
|
43,088,570 |
7.41% |
2,304,274 |
0.40% |
|
(2) |
Cash-settled derivatives: |
|
|
|
|
||
|
|
and/or controlled: |
|
|
1,401,276 |
0.24% |
42,815,652 |
7.37% |
|
(3) |
Stock-settled derivatives (including options) |
|
|
|
|
||
|
|
and agreements to purchase/sell: |
|
|
0 |
0.00% |
0 |
0.00% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL: |
|
|
44,489,846 |
7.66% |
45,119,926 |
7.76% |
|
(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 |
553,105 |
1.8603 GBP |
||||
|
3 1/3p ordinary |
Purchase |
308,971 |
1.8909 GBP |
||||
|
3 1/3p ordinary |
Purchase |
95,947 |
1.8500 GBP |
||||
|
3 1/3p ordinary |
Purchase |
73,801 |
1.8617 GBP |
||||
|
3 1/3p ordinary |
Purchase |
47,249 |
1.8701 GBP |
||||
|
3 1/3p ordinary |
Purchase |
21,914 |
1.8591 GBP |
||||
|
3 1/3p ordinary |
Purchase |
14,588 |
1.8695 GBP |
||||
|
3 1/3p ordinary |
Purchase |
13,740 |
1.8619 GBP |
||||
|
3 1/3p ordinary |
Purchase |
9,624 |
1.8615 GBP |
||||
|
3 1/3p ordinary |
Purchase |
8,696 |
1.8609 GBP |
||||
|
3 1/3p ordinary |
Purchase |
7,007 |
1.8700 GBP |
||||
|
3 1/3p ordinary |
Purchase |
5,801 |
1.8831 GBP |
||||
|
3 1/3p ordinary |
Purchase |
4,246 |
1.8717 GBP |
||||
|
3 1/3p ordinary |
Purchase |
3,895 |
1.8620 GBP |
||||
|
3 1/3p ordinary |
Purchase |
3,220 |
1.8778 GBP |
||||
|
3 1/3p ordinary |
Purchase |
2,459 |
1.8763 GBP |
||||
|
3 1/3p ordinary |
Purchase |
2,390 |
1.8844 GBP |
||||
|
3 1/3p ordinary |
Purchase |
2,196 |
1.8922 GBP |
||||
|
3 1/3p ordinary |
Purchase |
2,196 |
1.8762 GBP |
||||
|
3 1/3p ordinary |
Purchase |
2,136 |
1.8792 GBP |
||||
|
3 1/3p ordinary |
Purchase |
1,600 |
1.8940 GBP |
||||
|
3 1/3p ordinary |
Purchase |
1,310 |
1.8686 GBP |
||||
|
3 1/3p ordinary |
Purchase |
895 |
1.8740 GBP |
||||
|
3 1/3p ordinary |
Purchase |
762 |
1.8900 GBP |
||||
|
3 1/3p ordinary |
Purchase |
643 |
1.8720 GBP |
||||
|
3 1/3p ordinary |
Purchase |
446 |
1.8550 GBP |
||||
|
3 1/3p ordinary |
Purchase |
187 |
1.8780 GBP |
||||
|
3 1/3p ordinary |
Purchase |
85 |
1.8640 GBP |
||||
|
3 1/3p ordinary |
Sale |
553,105 |
1.8603 GBP |
||||
|
3 1/3p ordinary |
Sale |
476,643 |
1.8678 GBP |
||||
|
3 1/3p ordinary |
Sale |
250,000 |
1.8532 GBP |
||||
|
3 1/3p ordinary |
Sale |
210,000 |
1.8508 GBP |
||||
|
3 1/3p ordinary |
Sale |
189,146 |
1.8676 GBP |
||||
|
3 1/3p ordinary |
Sale |
109,788 |
1.8700 GBP |
||||
|
3 1/3p ordinary |
Sale |
95,502 |
1.8500 GBP |
||||
|
3 1/3p ordinary |
Sale |
62,409 |
1.8618 GBP |
||||
|
3 1/3p ordinary |
Sale |
37,175 |
1.8494 GBP |
||||
|
3 1/3p ordinary |
Sale |
28,081 |
1.8654 GBP |
||||
|
3 1/3p ordinary |
Sale |
17,850 |
1.8644 GBP |
||||
|
3 1/3p ordinary |
Sale |
16,548 |
1.8841 GBP |
||||
|
3 1/3p ordinary |
Sale |
15,429 |
1.8585 GBP |
||||
|
3 1/3p ordinary |
Sale |
12,717 |
1.8596 GBP |
||||
|
3 1/3p ordinary |
Sale |
12,596 |
1.8646 GBP |
||||
|
3 1/3p ordinary |
Sale |
11,770 |
1.8597 GBP |
||||
|
3 1/3p ordinary |
Sale |
10,525 |
1.8590 GBP |
||||
|
3 1/3p ordinary |
Sale |
5,550 |
1.8584 GBP |
||||
|
3 1/3p ordinary |
Sale |
4,201 |
1.8699 GBP |
||||
|
3 1/3p ordinary |
Sale |
2,825 |
1.8503 GBP |
||||
|
3 1/3p ordinary |
Sale |
2,631 |
1.8687 GBP |
||||
|
3 1/3p ordinary |
Sale |
2,506 |
1.8592 GBP |
||||
|
3 1/3p ordinary |
Sale |
1,600 |
1.8860 GBP |
||||
|
3 1/3p ordinary |
Sale |
1,286 |
1.8720 GBP |
||||
|
3 1/3p ordinary |
Sale |
987 |
1.8613 GBP |
||||
|
3 1/3p ordinary |
Sale |
895 |
1.8740 GBP |
||||
|
3 1/3p ordinary |
Sale |
874 |
1.8690 GBP |
||||
|
3 1/3p ordinary |
Sale |
861 |
1.8746 GBP |
||||
|
3 1/3p ordinary |
Sale |
810 |
1.8605 GBP |
||||
|
3 1/3p ordinary |
Sale |
762 |
1.8900 GBP |
||||
|
3 1/3p ordinary |
Sale |
607 |
1.8620 GBP |
||||
|
3 1/3p ordinary |
Sale |
187 |
1.8780 GBP |
||||
|
3 1/3p ordinary |
Sale |
97 |
1.8560 GBP |
||||
|
3 1/3p ordinary |
Sale |
85 |
1.8640 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 |
37,175 |
1.8494 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
9,404 |
1.8502 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
2,825 |
1.8503 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
210,000 |
1.8508 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
250,000 |
1.8532 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
34,205 |
1.8562 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
12,717 |
1.8596 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
29,949 |
1.8624 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
9,669 |
1.8628 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
14,978 |
1.8646 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
28,081 |
1.8654 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
189,146 |
1.8676 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
85,671 |
1.8678 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
2,631 |
1.8687 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
192,091 |
1.8698 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
4,201 |
1.8699 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
142,763 |
1.8700 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Decreasing Short |
18,800 |
1.8776 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
7,095 |
1.8609 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
73,801 |
1.8617 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
13,740 |
1.8619 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
3,288 |
1.8620 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
17,612 |
1.8686 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
5,438 |
1.8700 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
47,249 |
1.8701 GBP |
|||
|
3 1/3p ordinary |
SWAP |
Increasing Short |
308,971 |
1.8909 GBP |
|||
|
3 1/3p ordinary |
CFD |
Decreasing Short |
17,385 |
1.8587 GBP |
|||
|
3 1/3p ordinary |
CFD |
Decreasing Short |
24,600 |
1.8609 GBP |
|||
|
3 1/3p ordinary |
CFD |
Decreasing Short |
121,125 |
1.8648 GBP |
|||
|
3 1/3p ordinary |
CFD |
Increasing Short |
840 |
1.8681 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: |
07 Apr 2025 |
||||||
|
Contact name: |
Large Holdings Regulatory Operations |
||||||
|
Telephone number: |
020 3134 7213 |
||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|