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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: |
29 Apr 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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41,177,293 |
7.09% |
2,370,106 |
0.41% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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1,617,151 |
0.28% |
40,839,383 |
7.03% |
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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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42,794,444 |
7.36% |
43,209,489 |
7.44% |
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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 |
196,768 |
1.8485 GBP |
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3 1/3p ordinary |
Purchase |
119,626 |
1.8492 GBP |
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3 1/3p ordinary |
Purchase |
93,711 |
1.8394 GBP |
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3 1/3p ordinary |
Purchase |
51,871 |
1.8397 GBP |
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3 1/3p ordinary |
Purchase |
48,346 |
1.8462 GBP |
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3 1/3p ordinary |
Purchase |
24,954 |
1.8409 GBP |
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3 1/3p ordinary |
Purchase |
21,050 |
1.8415 GBP |
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3 1/3p ordinary |
Purchase |
16,926 |
1.8444 GBP |
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3 1/3p ordinary |
Purchase |
9,413 |
1.8490 GBP |
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3 1/3p ordinary |
Purchase |
8,277 |
1.8400 GBP |
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3 1/3p ordinary |
Purchase |
8,065 |
1.8489 GBP |
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3 1/3p ordinary |
Purchase |
2,768 |
1.8480 GBP |
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3 1/3p ordinary |
Purchase |
2,624 |
1.8493 GBP |
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3 1/3p ordinary |
Purchase |
2,377 |
1.8487 GBP |
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3 1/3p ordinary |
Purchase |
2,107 |
1.8503 GBP |
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3 1/3p ordinary |
Purchase |
1,828 |
1.8479 GBP |
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3 1/3p ordinary |
Purchase |
1,808 |
1.8506 GBP |
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3 1/3p ordinary |
Purchase |
1,197 |
1.8380 GBP |
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3 1/3p ordinary |
Purchase |
1,003 |
1.8399 GBP |
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3 1/3p ordinary |
Purchase |
941 |
1.8440 GBP |
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3 1/3p ordinary |
Sale |
63,486 |
1.8473 GBP |
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3 1/3p ordinary |
Sale |
54,306 |
1.8412 GBP |
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3 1/3p ordinary |
Sale |
30,480 |
1.8400 GBP |
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3 1/3p ordinary |
Sale |
14,992 |
1.8454 GBP |
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3 1/3p ordinary |
Sale |
13,838 |
1.8337 GBP |
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3 1/3p ordinary |
Sale |
9,527 |
1.8438 GBP |
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3 1/3p ordinary |
Sale |
8,766 |
1.8424 GBP |
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3 1/3p ordinary |
Sale |
6,383 |
1.8336 GBP |
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3 1/3p ordinary |
Sale |
6,012 |
1.8384 GBP |
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3 1/3p ordinary |
Sale |
5,067 |
1.8389 GBP |
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3 1/3p ordinary |
Sale |
4,382 |
1.8425 GBP |
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3 1/3p ordinary |
Sale |
4,260 |
1.8480 GBP |
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3 1/3p ordinary |
Sale |
3,704 |
1.8405 GBP |
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3 1/3p ordinary |
Sale |
3,238 |
1.8434 GBP |
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3 1/3p ordinary |
Sale |
3,035 |
1.8444 GBP |
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3 1/3p ordinary |
Sale |
1,713 |
1.8401 GBP |
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3 1/3p ordinary |
Sale |
1,452 |
1.8320 GBP |
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3 1/3p ordinary |
Sale |
30 |
1.8440 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 |
28,373 |
1.8400 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
5,327 |
1.8401 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
15,451 |
1.8424 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
9,527 |
1.8438 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
14,992 |
1.8454 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
5,015 |
1.8471 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
57,306 |
1.8477 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
755 |
1.8480 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
231 |
1.8380 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
51,871 |
1.8397 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
20,289 |
1.8400 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
10,267 |
1.8427 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
5,236 |
1.8454 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
12,400 |
1.8468 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
196,767 |
1.8485 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
9,413 |
1.8490 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
113,401 |
1.8492 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1 |
1.8500 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,808 |
1.8506 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
597 |
1.8601 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
2,107 |
1.8500 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
2,107 |
1.8502 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
2,490 |
1.8420 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
37,258 |
1.8471 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
2,107 |
1.8500 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
2,107 |
1.8502 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: |
30 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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