Form 8.3 SPIRENT COMMUNICATIONS PLC

Barclays PLC

13 May 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:				12 May 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:			42,438,660	7.30%	2,183,373	0.38%
(2)	Cash-settled derivatives:
	and/or controlled:			1,685,704	0.29%	42,140,334	7.25%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			44,124,364	7.59%	44,323,707	7.63%
(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		57,680		1.9028  GBP
3 1/3p ordinary		Purchase		35,892		1.8980  GBP
3 1/3p ordinary		Purchase		25,651		1.9075  GBP
3 1/3p ordinary		Purchase		25,250		1.9037  GBP
3 1/3p ordinary		Purchase		20,545		1.9054  GBP
3 1/3p ordinary		Purchase		15,765		1.9036  GBP
3 1/3p ordinary		Purchase		12,767		1.9019  GBP
3 1/3p ordinary		Purchase		11,619		1.9043  GBP
3 1/3p ordinary		Purchase		10,275		1.9024  GBP
3 1/3p ordinary		Purchase		8,080		1.9080  GBP
3 1/3p ordinary		Purchase		4,679		1.9044  GBP
3 1/3p ordinary		Purchase		3,958		1.9051  GBP
3 1/3p ordinary		Purchase		3,798		1.9040  GBP
3 1/3p ordinary		Purchase		3,612		1.9057  GBP
3 1/3p ordinary		Purchase		3,269		1.9122  GBP
3 1/3p ordinary		Purchase		2,808		1.9060  GBP
3 1/3p ordinary		Purchase		2,672		1.9033  GBP
3 1/3p ordinary		Purchase		2,400		1.9061  GBP
3 1/3p ordinary		Purchase		1,392		1.9016  GBP
3 1/3p ordinary		Purchase		750		1.9140  GBP
3 1/3p ordinary		Purchase		748		1.8890  GBP
3 1/3p ordinary		Purchase		726		1.9020  GBP
3 1/3p ordinary		Sale		183,409		1.8980  GBP
3 1/3p ordinary		Sale		55,000		1.9027  GBP
3 1/3p ordinary		Sale		12,801		1.9060  GBP
3 1/3p ordinary		Sale		8,815		1.9010  GBP
3 1/3p ordinary		Sale		6,402		1.9053  GBP
3 1/3p ordinary		Sale		5,586		1.8999  GBP
3 1/3p ordinary		Sale		5,299		1.9040  GBP
3 1/3p ordinary		Sale		3,777		1.9024  GBP
3 1/3p ordinary		Sale		3,462		1.9050  GBP
3 1/3p ordinary		Sale		2,323		1.9064  GBP
3 1/3p ordinary		Sale		2,037		1.9059  GBP
3 1/3p ordinary		Sale		1,590		1.9020  GBP
3 1/3p ordinary		Sale		764		1.9030  GBP
3 1/3p ordinary		Sale		762		1.9160  GBP
3 1/3p ordinary		Sale		733		1.9080  GBP
3 1/3p ordinary		Sale		20		1.9012  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		821	1.9005  GBP
3 1/3p ordinary		SWAP		Decreasing Short		6,661	1.9006  GBP
3 1/3p ordinary		SWAP		Decreasing Short		164,359	1.8980  GBP
3 1/3p ordinary		SWAP		Decreasing Short		5,586	1.8999  GBP
3 1/3p ordinary		SWAP		Decreasing Short		8,815	1.9010  GBP
3 1/3p ordinary		SWAP		Decreasing Short		55,000	1.9027  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3,834	1.9042  GBP
3 1/3p ordinary		SWAP		Decreasing Short		28,385	1.9051  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,037	1.9059  GBP
3 1/3p ordinary		SWAP		Decreasing Short		3	1.9080  GBP
3 1/3p ordinary		SWAP		Decreasing Short		199	1.9098  GBP
3 1/3p ordinary		SWAP		Increasing Short		9,219	1.8980  GBP
3 1/3p ordinary		SWAP		Increasing Short		18,221	1.8981  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,392	1.9016  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,292	1.9017  GBP
3 1/3p ordinary		SWAP		Increasing Short		12,767	1.9019  GBP
3 1/3p ordinary		SWAP		Increasing Short		985	1.9020  GBP
3 1/3p ordinary		SWAP		Increasing Short		10,275	1.9024  GBP
3 1/3p ordinary		SWAP		Increasing Short		13,966	1.9036  GBP
3 1/3p ordinary		SWAP		Increasing Short		25,250	1.9037  GBP
3 1/3p ordinary		SWAP		Increasing Short		2,400	1.9061  GBP
3 1/3p ordinary		SWAP		Increasing Short		10,100	1.9068  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,403	1.9073  GBP
3 1/3p ordinary		CFD		Increasing Short		12,225	1.9017  GBP
3 1/3p ordinary		CFD		Increasing Short		14,409	1.9057  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:				13 May 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END