Form 8.3 SPIRENT COMMUNICATIONS PLC

Barclays PLC

10 April 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:				09 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:			42,603,026	7.33%	2,455,422	0.42%
(2)	Cash-settled derivatives:
	and/or controlled:			1,543,757	0.27%	42,306,403	7.28%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,146,783	7.60%	44,761,825	7.70%
(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		109,738		1.7380  GBP
3 1/3p ordinary		Purchase		109,562		1.6999  GBP
3 1/3p ordinary		Purchase		91,173		1.6867  GBP
3 1/3p ordinary		Purchase		69,848		1.7399  GBP
3 1/3p ordinary		Purchase		45,960		1.7358  GBP
3 1/3p ordinary		Purchase		32,351		1.6700  GBP
3 1/3p ordinary		Purchase		27,850		1.7112  GBP
3 1/3p ordinary		Purchase		21,663		1.7460  GBP
3 1/3p ordinary		Purchase		9,270		1.7462  GBP
3 1/3p ordinary		Purchase		8,600		1.7374  GBP
3 1/3p ordinary		Purchase		6,256		1.7075  GBP
3 1/3p ordinary		Purchase		5,937		1.7554  GBP
3 1/3p ordinary		Purchase		4,800		1.6830  GBP
3 1/3p ordinary		Purchase		3,836		1.7454  GBP
3 1/3p ordinary		Purchase		2,741		1.7250  GBP
3 1/3p ordinary		Purchase		2,731		1.7313  GBP
3 1/3p ordinary		Purchase		2,597		1.7500  GBP
3 1/3p ordinary		Purchase		2,400		1.7450  GBP
3 1/3p ordinary		Purchase		2,242		1.7408  GBP
3 1/3p ordinary		Purchase		1,873		1.7440  GBP
3 1/3p ordinary		Purchase		1,740		1.7256  GBP
3 1/3p ordinary		Purchase		1,166		1.7470  GBP
3 1/3p ordinary		Purchase		1,142		1.7468  GBP
3 1/3p ordinary		Purchase		1,094		1.7499  GBP
3 1/3p ordinary		Purchase		705		1.6920  GBP
3 1/3p ordinary		Purchase		684		1.7433  GBP
3 1/3p ordinary		Purchase		92		1.7160  GBP
3 1/3p ordinary		Sale		228,299		1.7332  GBP
3 1/3p ordinary		Sale		120,000		1.6691  GBP
3 1/3p ordinary		Sale		100,000		1.7441  GBP
3 1/3p ordinary		Sale		91,173		1.6867  GBP
3 1/3p ordinary		Sale		84,377		1.7091  GBP
3 1/3p ordinary		Sale		74,980		1.7103  GBP
3 1/3p ordinary		Sale		43,363		1.7078  GBP
3 1/3p ordinary		Sale		36,800		1.7464  GBP
3 1/3p ordinary		Sale		32,351		1.6700  GBP
3 1/3p ordinary		Sale		32,223		1.7285  GBP
3 1/3p ordinary		Sale		29,634		1.7447  GBP
3 1/3p ordinary		Sale		13,076		1.7205  GBP
3 1/3p ordinary		Sale		11,275		1.7187  GBP
3 1/3p ordinary		Sale		10,569		1.7358  GBP
3 1/3p ordinary		Sale		9,278		1.7395  GBP
3 1/3p ordinary		Sale		8,807		1.7312  GBP
3 1/3p ordinary		Sale		8,555		1.6753  GBP
3 1/3p ordinary		Sale		7,629		1.6781  GBP
3 1/3p ordinary		Sale		5,633		1.7379  GBP
3 1/3p ordinary		Sale		5,567		1.7015  GBP
3 1/3p ordinary		Sale		5,498		1.7380  GBP
3 1/3p ordinary		Sale		4,470		1.7476  GBP
3 1/3p ordinary		Sale		3,682		1.7352  GBP
3 1/3p ordinary		Sale		2,746		1.6732  GBP
3 1/3p ordinary		Sale		2,490		1.6823  GBP
3 1/3p ordinary		Sale		1,466		1.7469  GBP
3 1/3p ordinary		Sale		1,166		1.7470  GBP
3 1/3p ordinary		Sale		1,094		1.7500  GBP
3 1/3p ordinary		Sale		893		1.6780  GBP
3 1/3p ordinary		Sale		748		1.7460  GBP
3 1/3p ordinary		Sale		705		1.6920  GBP
3 1/3p ordinary		Sale		281		1.7440  GBP
3 1/3p ordinary		Sale		92		1.7160  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		120,000	1.6691  GBP
3 1/3p ordinary		SWAP		Decreasing Short		22,313	1.6767  GBP
3 1/3p ordinary		SWAP		Decreasing Short		5,567	1.7015  GBP
3 1/3p ordinary		SWAP		Decreasing Short		43,363	1.7078  GBP
3 1/3p ordinary		SWAP		Decreasing Short		84,377	1.7091  GBP
3 1/3p ordinary		SWAP		Decreasing Short		74,980	1.7103  GBP
3 1/3p ordinary		SWAP		Decreasing Short		11,275	1.7187  GBP
3 1/3p ordinary		SWAP		Decreasing Short		15,998	1.7251  GBP
3 1/3p ordinary		SWAP		Decreasing Short		10,671	1.7286  GBP
3 1/3p ordinary		SWAP		Decreasing Short		10,569	1.7358  GBP
3 1/3p ordinary		SWAP		Decreasing Short		566	1.7378  GBP
3 1/3p ordinary		SWAP		Decreasing Short		5,870	1.7379  GBP
3 1/3p ordinary		SWAP		Decreasing Short		95,173	1.7380  GBP
3 1/3p ordinary		SWAP		Decreasing Short		100,000	1.7441  GBP
3 1/3p ordinary		SWAP		Decreasing Short		29,634	1.7447  GBP
3 1/3p ordinary		SWAP		Decreasing Short		1,466	1.7469  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,557	1.7486  GBP
3 1/3p ordinary		SWAP		Increasing Short		4,800	1.6830  GBP
3 1/3p ordinary		SWAP		Increasing Short		109,562	1.6999  GBP
3 1/3p ordinary		SWAP		Increasing Short		6,256	1.7075  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,731	1.7313  GBP
3 1/3p ordinary		SWAP		Increasing Short		13,963	1.7327  GBP
3 1/3p ordinary		SWAP		Increasing Short		8,600	1.7374  GBP
3 1/3p ordinary		SWAP		Increasing Short		68,961	1.7380  GBP
3 1/3p ordinary		SWAP		Increasing Short		69,848	1.7399  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,836	1.7454  GBP
3 1/3p ordinary		SWAP		Increasing Short		826	1.7471  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,937	1.7554  GBP
3 1/3p ordinary		CFD		Decreasing Short		75,275	1.7319  GBP
3 1/3p ordinary		CFD		Decreasing Short		33,968	1.7326  GBP
3 1/3p ordinary		CFD		Decreasing Short		6,931	1.7353  GBP
3 1/3p ordinary		CFD		Increasing Short		21,259	1.7311  GBP
3 1/3p ordinary		CFD		Increasing Short		34	1.7441  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:				10 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END