7 Mar 2024 14:23
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: | Â | Barclays PLC. | ||||
(b) | Owner or controller of interest and short | Â | |||||
 | 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 | Â | |||||
 | offeror/offeree, state this and specify identity of | ||||||
 | offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 06 Mar 2024 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO | Â | Â | |||
 | 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 | Â | |||||
 | 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 | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 11,763,563 | 2.03% | 452,741 | 0.08% |
(2) | Cash-settled derivatives: | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 288,207 | 0.05% | 11,504,257 | 1.99% |
(3) | Stock-settled derivatives (including options) | Â | Â | Â | Â | ||
 | and agreements to purchase/sell: |  |  | 0 | 0.00% | 0 | 0.00% |
 |  |  |  |  |  |  |  |
 | TOTAL: |  |  | 12,051,770 | 2.08% | 11,956,998 | 2.07% |
(b) | Rights to subscribe for new securities (including directors and other executive | Â | |||||
 | options) |  |  |  |  |  |  |
Class of relevant security in relation to | Â | Â | Â | Â | |||
which subscription right exists | Â | Â | Â | Â | |||
Details, including nature of the rights | Â | Â | Â | Â | |||
concerned and relevant percentages: | Â | Â | Â | Â | |||
3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales | Â | Â | Â | Â | Â | |
Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security | Â | securities | Â | ||||
3 1/3p ordinary | Purchase | 480,948 | 1.7577 GBP | ||||
3 1/3p ordinary | Purchase | 389,464 | 1.7567 GBP | ||||
3 1/3p ordinary | Purchase | 232,031 | 1.7552 GBP | ||||
3 1/3p ordinary | Purchase | 181,190 | 1.7555 GBP | ||||
3 1/3p ordinary | Purchase | 132,716 | 1.7558 GBP | ||||
3 1/3p ordinary | Purchase | 76,706 | 1.7583 GBP | ||||
3 1/3p ordinary | Purchase | 57,792 | 1.7547 GBP | ||||
3 1/3p ordinary | Purchase | 38,178 | 1.7551 GBP | ||||
3 1/3p ordinary | Purchase | 26,135 | 1.7554 GBP | ||||
3 1/3p ordinary | Purchase | 24,433 | 1.7499 GBP | ||||
3 1/3p ordinary | Purchase | 23,060 | 1.7590 GBP | ||||
3 1/3p ordinary | Purchase | 18,663 | 1.7500 GBP | ||||
3 1/3p ordinary | Purchase | 16,693 | 1.7559 GBP | ||||
3 1/3p ordinary | Purchase | 16,586 | 1.7543 GBP | ||||
3 1/3p ordinary | Purchase | 11,906 | 1.7522 GBP | ||||
3 1/3p ordinary | Purchase | 10,308 | 1.7600 GBP | ||||
3 1/3p ordinary | Purchase | 9,881 | 1.7548 GBP | ||||
3 1/3p ordinary | Purchase | 6,010 | 1.7564 GBP | ||||
3 1/3p ordinary | Purchase | 5,160 | 1.7550 GBP | ||||
3 1/3p ordinary | Purchase | 2,846 | 1.7557 GBP | ||||
3 1/3p ordinary | Purchase | 2,189 | 1.7650 GBP | ||||
3 1/3p ordinary | Purchase | 1,983 | 1.7570 GBP | ||||
3 1/3p ordinary | Purchase | 1,619 | 1.7560 GBP | ||||
3 1/3p ordinary | Purchase | 1,463 | 1.7530 GBP | ||||
3 1/3p ordinary | Purchase | 1,419 | 1.7609 GBP | ||||
3 1/3p ordinary | Purchase | 146 | 1.7498 GBP | ||||
3 1/3p ordinary | Purchase | 22 | 1.7580 GBP | ||||
3 1/3p ordinary | Sale | 450,861 | 1.7554 GBP | ||||
3 1/3p ordinary | Sale | 215,780 | 1.7555 GBP | ||||
3 1/3p ordinary | Sale | 209,803 | 1.7568 GBP | ||||
3 1/3p ordinary | Sale | 77,003 | 1.7537 GBP | ||||
3 1/3p ordinary | Sale | 65,521 | 1.7503 GBP | ||||
3 1/3p ordinary | Sale | 54,537 | 1.7550 GBP | ||||
3 1/3p ordinary | Sale | 35,562 | 1.7529 GBP | ||||
3 1/3p ordinary | Sale | 22,366 | 1.7500 GBP | ||||
3 1/3p ordinary | Sale | 13,757 | 1.7559 GBP | ||||
3 1/3p ordinary | Sale | 8,881 | 1.7560 GBP | ||||
3 1/3p ordinary | Sale | 6,835 | 1.7572 GBP | ||||
3 1/3p ordinary | Sale | 5,947 | 1.7530 GBP | ||||
3 1/3p ordinary | Sale | 5,080 | 1.7610 GBP | ||||
3 1/3p ordinary | Sale | 4,535 | 1.7542 GBP | ||||
3 1/3p ordinary | Sale | 2,148 | 1.7540 GBP | ||||
3 1/3p ordinary | Sale | 1,983 | 1.7570 GBP | ||||
3 1/3p ordinary | Sale | 1,840 | 1.7591 GBP | ||||
3 1/3p ordinary | Sale | 1,803 | 1.7600 GBP | ||||
3 1/3p ordinary | Sale | 1,624 | 1.7558 GBP | ||||
3 1/3p ordinary | Sale | 1,375 | 1.7590 GBP | ||||
3 1/3p ordinary | Sale | 1,365 | 1.7602 GBP | ||||
3 1/3p ordinary | Sale | 1,330 | 1.7580 GBP | ||||
3 1/3p ordinary | Sale | 1,300 | 1.7648 GBP | ||||
3 1/3p ordinary | Sale | 162 | 1.7575 GBP | ||||
 |  |  |  |  |  |  |  |
(b) | Cash-settled derivative transactions | Â | |||||
Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description | Â | reference | unit | |||
security | Â | Â | securities | Â | |||
3 1/3p ordinary | SWAP | Closing Long | 20,330 | 1.7590 GBP | |||
3 1/3p ordinary | SWAP | Closing Long | 480,948 | 1.7577 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,300 | 1.7648 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,365 | 1.7602 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,502 | 1.7500 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 2,189 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,837 | 1.7610 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 5,130 | 1.7575 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 6,835 | 1.7572 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 8,928 | 1.7659 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 10,596 | 1.7571 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 26,620 | 1.7560 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 46,240 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 215,780 | 1.7555 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 433,222 | 1.7554 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,369 | 1.7590 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,413 | 1.7560 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 2,189 | 1.7650 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,335 | 1.7548 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,160 | 1.7550 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 11,906 | 1.7522 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 76,706 | 1.7583 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 374,766 | 1.7559 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 437,870 | 1.7555 GBP | |||
 |  |  |  |  |  |  |  |
(c) | Stock-settled derivative transactions (including options) | Â | |||||
(i) | Writing, selling, purchasing or varying | Â | |||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price | Â | date | money |
relevant | Â | selling, | securities | per unit | Â | Â | paid/ |
security | Â | varying etc | to which | Â | Â | Â | received |
 |  |  | option |  |  |  | per unit |
 |  |  | relates |  |  |  |  |
 |  |  |  |  |  |  |  |
 |  |  |  |  |  |  |  |
(ii) | Exercising | Â | Â | Â | Â | Â | Â |
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security | Â | Â | securities | unit | |||
 |  |  |  |  | |||
 |  |  |  |  |  |  |  |
(d) | Other dealings (including subscribing for new securities) | Â | |||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security | Â | Â | applicable) | ||||
 |  |  |  | ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | Â | |||||
Details of any indemnity or option arrangement, or any agreement or understanding, | Â | Â | |||||
formal or informal, relating to relevant securities which may be an inducement to deal | Â | Â | |||||
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party | Â | ||||||
to the offer or any person acting in concert with a party to the offer: | Â | Â | Â | ||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | Â | |||||
Details of any agreement, arrangement or understanding, formal or informal, between | Â | Â | |||||
the person making the disclosure and any other person relating to: | Â | Â | |||||
(i) the voting rights of any relevant securities under any option; or | Â | Â | Â | ||||
(ii) the voting rights of future acquisition or disposal of any relevant securities to which | Â | Â | |||||
any derivative is referenced: | Â | Â | Â | Â | Â | Â | |
NONE | |||||||
(c) | Attachments | Â | Â | Â | Â | Â | Â |
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 07 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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