Form 8.3 SPIRENT COMMUNICATIONS PLC

Barclays PLC

01 August 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:				31 Jul 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:			23,095,091	3.97%	1,149,084	0.20%
(2)	Cash-settled derivatives:
	and/or controlled:			1,069,771	0.18%	22,816,449	3.93%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			24,164,862	4.16%	23,965,533	4.12%
(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		1,016,299		1.9560  GBP
3 1/3p ordinary		Purchase		99,495		1.9531  GBP
3 1/3p ordinary		Purchase		63,610		1.9509  GBP
3 1/3p ordinary		Purchase		28,713		1.9530  GBP
3 1/3p ordinary		Purchase		27,854		1.9500  GBP
3 1/3p ordinary		Purchase		19,357		1.9491  GBP
3 1/3p ordinary		Purchase		9,996		1.9544  GBP
3 1/3p ordinary		Purchase		9,468		1.9567  GBP
3 1/3p ordinary		Purchase		7,285		1.9538  GBP
3 1/3p ordinary		Purchase		6,614		1.9480  GBP
3 1/3p ordinary		Purchase		5,042		1.9501  GBP
3 1/3p ordinary		Purchase		4,426		1.9534  GBP
3 1/3p ordinary		Purchase		4,281		1.9515  GBP
3 1/3p ordinary		Purchase		4,201		1.9540  GBP
3 1/3p ordinary		Purchase		4,175		1.9539  GBP
3 1/3p ordinary		Purchase		2,624		1.9520  GBP
3 1/3p ordinary		Purchase		2,591		1.9510  GBP
3 1/3p ordinary		Purchase		2,547		1.9570  GBP
3 1/3p ordinary		Purchase		1,939		1.9580  GBP
3 1/3p ordinary		Purchase		904		1.9541  GBP
3 1/3p ordinary		Purchase		547		1.9559  GBP
3 1/3p ordinary		Sale		125,953		1.9500  GBP
3 1/3p ordinary		Sale		44,477		1.9545  GBP
3 1/3p ordinary		Sale		17,351		1.9493  GBP
3 1/3p ordinary		Sale		10,504		1.9560  GBP
3 1/3p ordinary		Sale		8,912		1.9480  GBP
3 1/3p ordinary		Sale		4,713		1.9547  GBP
3 1/3p ordinary		Sale		3,755		1.9568  GBP
3 1/3p ordinary		Sale		3,706		1.9546  GBP
3 1/3p ordinary		Sale		3,573		1.9519  GBP
3 1/3p ordinary		Sale		3,380		1.9540  GBP
3 1/3p ordinary		Sale		3,281		1.9535  GBP
3 1/3p ordinary		Sale		2,624		1.9520  GBP
3 1/3p ordinary		Sale		2,424		1.9559  GBP
3 1/3p ordinary		Sale		2,115		1.9499  GBP
3 1/3p ordinary		Sale		1,863		1.9580  GBP
3 1/3p ordinary		Sale		387		1.9570  GBP
3 1/3p ordinary		Sale		230		1.9510  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		17,351	1.9493  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,115	1.9499  GBP
3 1/3p ordinary		SWAP		Decreasing Short		28,114	1.9500  GBP
3 1/3p ordinary		SWAP		Decreasing Short		6,649	1.9511  GBP
3 1/3p ordinary		SWAP		Decreasing Short		25,916	1.9521  GBP
3 1/3p ordinary		SWAP		Decreasing Short		14,879	1.9523  GBP
3 1/3p ordinary		SWAP		Decreasing Short		8,209	1.9525  GBP
3 1/3p ordinary		SWAP		Decreasing Short		4,161	1.9555  GBP
3 1/3p ordinary		SWAP		Decreasing Short		2,424	1.9559  GBP
3 1/3p ordinary		SWAP		Increasing Short		19,357	1.9491  GBP
3 1/3p ordinary		SWAP		Increasing Short		19,357	1.9499  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,132	1.9500  GBP
3 1/3p ordinary		SWAP		Increasing Short		21,147	1.9501  GBP
3 1/3p ordinary		SWAP		Increasing Short		525	1.9515  GBP
3 1/3p ordinary		SWAP		Increasing Short		830	1.9518  GBP
3 1/3p ordinary		SWAP		Increasing Short		7,429	1.9524  GBP
3 1/3p ordinary		SWAP		Increasing Short		26,850	1.9530  GBP
3 1/3p ordinary		SWAP		Increasing Short		19,464	1.9531  GBP
3 1/3p ordinary		SWAP		Increasing Short		5,785	1.9541  GBP
3 1/3p ordinary		SWAP		Increasing Short		17,573	1.9555  GBP
3 1/3p ordinary		SWAP		Increasing Short		1,007,622	1.9560  GBP
3 1/3p ordinary		SWAP		Increasing Short		3,100	1.9561  GBP
3 1/3p ordinary		SWAP		Increasing Short		990	1.9580  GBP
3 1/3p ordinary		CFD		Decreasing Short		2,222	1.9508  GBP
3 1/3p ordinary		CFD		Increasing Short		36,822	1.9550  GBP
3 1/3p ordinary		CFD		Increasing Short		10,756	1.9555  GBP
3 1/3p ordinary		SWAP		Decreasing Short		54,432	1.9536  GBP
3 1/3p ordinary		SWAP		Increasing Short		47,972	1.9553  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:				01 Aug 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END