Spirent Regulatory News (SPT)

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 Sep 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:

23,962,248

4.06%

7,966,422

1.35%

(2)

Cash-settled derivatives:

7,793,678

1.32%

24,172,796

4.10%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

31,755,926

5.38%

32,139,218

5.45%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

3 1/3p ordinary

Purchase

1,873,256

1.9830 GBP

3 1/3p ordinary

Purchase

426,170

1.9828 GBP

3 1/3p ordinary

Purchase

422,000

1.9834 GBP

3 1/3p ordinary

Purchase

390,977

1.9835 GBP

3 1/3p ordinary

Purchase

365,225

1.9840 GBP

3 1/3p ordinary

Purchase

300,000

1.9849 GBP

3 1/3p ordinary

Purchase

96,756

1.9848 GBP

3 1/3p ordinary

Purchase

84,261

1.9820 GBP

3 1/3p ordinary

Purchase

56,170

1.9841 GBP

3 1/3p ordinary

Purchase

52,912

1.9836 GBP

3 1/3p ordinary

Purchase

8,530

1.9824 GBP

3 1/3p ordinary

Purchase

3,084

1.9832 GBP

3 1/3p ordinary

Sale

1,839,919

1.9831 GBP

3 1/3p ordinary

Sale

259,908

1.9821 GBP

3 1/3p ordinary

Sale

104,828

1.9840 GBP

3 1/3p ordinary

Sale

85,789

1.9820 GBP

3 1/3p ordinary

Sale

11,172

1.9839 GBP

3 1/3p ordinary

Sale

10,958

1.9590 GBP

3 1/3p ordinary

Sale

394

1.9830 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

Increasing Short

10,572

1.9831 GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,958

1.9590 GBP

3 1/3p ordinary

SWAP

Decreasing Short

658

1.9819 GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,172

1.9839 GBP

3 1/3p ordinary

SWAP

Decreasing Short

9,606

1.9840 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,329

1.9821 GBP

3 1/3p ordinary

SWAP

Increasing Short

8,530

1.9824 GBP

3 1/3p ordinary

SWAP

Increasing Short

426,170

1.9828 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,738

1.9829 GBP

3 1/3p ordinary

SWAP

Increasing Short

27,725

1.9830 GBP

3 1/3p ordinary

SWAP

Increasing Short

2,912

1.9833 GBP

3 1/3p ordinary

SWAP

Increasing Short

422,000

1.9834 GBP

3 1/3p ordinary

SWAP

Increasing Short

390,977

1.9835 GBP

3 1/3p ordinary

SWAP

Increasing Short

162,034

1.9840 GBP

3 1/3p ordinary

SWAP

Increasing Short

226,727

1.9841 GBP

3 1/3p ordinary

SWAP

Increasing Short

96,756

1.9848 GBP

3 1/3p ordinary

SWAP

Increasing Short

300,000

1.9849 GBP

3 1/3p ordinary

CFD

Decreasing Short

6,567

1.9838 GBP

3 1/3p ordinary

SWAP

Decreasing Short

89,864

1.9822 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)

Exercise

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 Sep 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213