Form 8.3 SPIRENT COMMUNICATIONS PLC

Barclays PLC
30 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:

29 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:

 

 

41,177,293

7.09%

2,370,106

0.41%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

1,617,151

0.28%

40,839,383

7.03%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

42,794,444

7.36%

43,209,489

7.44%

(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

196,768

1.8485  GBP

3 1/3p ordinary

Purchase

119,626

1.8492  GBP

3 1/3p ordinary

Purchase

93,711

1.8394  GBP

3 1/3p ordinary

Purchase

51,871

1.8397  GBP

3 1/3p ordinary

Purchase

48,346

1.8462  GBP

3 1/3p ordinary

Purchase

24,954

1.8409  GBP

3 1/3p ordinary

Purchase

21,050

1.8415  GBP

3 1/3p ordinary

Purchase

16,926

1.8444  GBP

3 1/3p ordinary

Purchase

9,413

1.8490  GBP

3 1/3p ordinary

Purchase

8,277

1.8400  GBP

3 1/3p ordinary

Purchase

8,065

1.8489  GBP

3 1/3p ordinary

Purchase

2,768

1.8480  GBP

3 1/3p ordinary

Purchase

2,624

1.8493  GBP

3 1/3p ordinary

Purchase

2,377

1.8487  GBP

3 1/3p ordinary

Purchase

2,107

1.8503  GBP

3 1/3p ordinary

Purchase

1,828

1.8479  GBP

3 1/3p ordinary

Purchase

1,808

1.8506  GBP

3 1/3p ordinary

Purchase

1,197

1.8380  GBP

3 1/3p ordinary

Purchase

1,003

1.8399  GBP

3 1/3p ordinary

Purchase

941

1.8440  GBP

3 1/3p ordinary

Sale

63,486

1.8473  GBP

3 1/3p ordinary

Sale

54,306

1.8412  GBP

3 1/3p ordinary

Sale

30,480

1.8400  GBP

3 1/3p ordinary

Sale

14,992

1.8454  GBP

3 1/3p ordinary

Sale

13,838

1.8337  GBP

3 1/3p ordinary

Sale

9,527

1.8438  GBP

3 1/3p ordinary

Sale

8,766

1.8424  GBP

3 1/3p ordinary

Sale

6,383

1.8336  GBP

3 1/3p ordinary

Sale

6,012

1.8384  GBP

3 1/3p ordinary

Sale

5,067

1.8389  GBP

3 1/3p ordinary

Sale

4,382

1.8425  GBP

3 1/3p ordinary

Sale

4,260

1.8480  GBP

3 1/3p ordinary

Sale

3,704

1.8405  GBP

3 1/3p ordinary

Sale

3,238

1.8434  GBP

3 1/3p ordinary

Sale

3,035

1.8444  GBP

3 1/3p ordinary

Sale

1,713

1.8401  GBP

3 1/3p ordinary

Sale

1,452

1.8320  GBP

3 1/3p ordinary

Sale

30

1.8440  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

28,373

1.8400  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,327

1.8401  GBP

3 1/3p ordinary

SWAP

Decreasing Short

15,451

1.8424  GBP

3 1/3p ordinary

SWAP

Decreasing Short

9,527

1.8438  GBP

3 1/3p ordinary

SWAP

Decreasing Short

14,992

1.8454  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,015

1.8471  GBP

3 1/3p ordinary

SWAP

Decreasing Short

57,306

1.8477  GBP

3 1/3p ordinary

SWAP

Decreasing Short

755

1.8480  GBP

3 1/3p ordinary

SWAP

Increasing Short

231

1.8380  GBP

3 1/3p ordinary

SWAP

Increasing Short

51,871

1.8397  GBP

3 1/3p ordinary

SWAP

Increasing Short

20,289

1.8400  GBP

3 1/3p ordinary

SWAP

Increasing Short

10,267

1.8427  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,236

1.8454  GBP

3 1/3p ordinary

SWAP

Increasing Short

12,400

1.8468  GBP

3 1/3p ordinary

SWAP

Increasing Short

196,767

1.8485  GBP

3 1/3p ordinary

SWAP

Increasing Short

9,413

1.8490  GBP

3 1/3p ordinary

SWAP

Increasing Short

113,401

1.8492  GBP

3 1/3p ordinary

SWAP

Increasing Short

1

1.8500  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,808

1.8506  GBP

3 1/3p ordinary

SWAP

Increasing Short

597

1.8601  GBP

3 1/3p ordinary

CFD

Decreasing Short

2,107

1.8500  GBP

3 1/3p ordinary

CFD

Decreasing Short

2,107

1.8502  GBP

3 1/3p ordinary

CFD

Increasing Short

2,490

1.8420  GBP

3 1/3p ordinary

CFD

Increasing Short

37,258

1.8471  GBP

3 1/3p ordinary

CFD

Increasing Short

2,107

1.8500  GBP

3 1/3p ordinary

CFD

Increasing Short

2,107

1.8502  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:

30 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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