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Form 8.3 - Spirent Communications plc

8 Mar 2024 12:52

RNS Number : 1989G
Barclays PLC
08 March 2024
 

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:

07 Mar 2024

(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:

 

 

12,743,822

2.20%

495,992

0.09%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

424,613

0.07%

12,577,890

2.17%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

13,168,435

2.28%

13,073,882

2.26%

(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

2,953,148

1.7503 GBP

3 1/3p ordinary

Purchase

354,210

1.7515 GBP

3 1/3p ordinary

Purchase

196,136

1.7513 GBP

3 1/3p ordinary

Purchase

142,104

1.7528 GBP

3 1/3p ordinary

Purchase

130,605

1.7527 GBP

3 1/3p ordinary

Purchase

120,032

1.7517 GBP

3 1/3p ordinary

Purchase

94,411

1.7509 GBP

3 1/3p ordinary

Purchase

77,880

1.7538 GBP

3 1/3p ordinary

Purchase

58,658

1.7512 GBP

3 1/3p ordinary

Purchase

46,853

1.7500 GBP

3 1/3p ordinary

Purchase

34,439

1.7545 GBP

3 1/3p ordinary

Purchase

23,070

1.7505 GBP

3 1/3p ordinary

Purchase

15,881

1.7516 GBP

3 1/3p ordinary

Purchase

15,016

1.7530 GBP

3 1/3p ordinary

Purchase

13,050

1.7560 GBP

3 1/3p ordinary

Purchase

6,576

1.7499 GBP

3 1/3p ordinary

Purchase

5,409

1.7551 GBP

3 1/3p ordinary

Purchase

577

1.7525 GBP

3 1/3p ordinary

Purchase

124

1.7574 GBP

3 1/3p ordinary

Purchase

43

1.7580 GBP

3 1/3p ordinary

Purchase

26

1.7570 GBP

3 1/3p ordinary

Purchase

16

1.7558 GBP

3 1/3p ordinary

Purchase

3

1.7600 GBP

3 1/3p ordinary

Sale

2,730,940

1.7500 GBP

3 1/3p ordinary

Sale

780,439

1.7516 GBP

3 1/3p ordinary

Sale

159,648

1.7538 GBP

3 1/3p ordinary

Sale

100,778

1.7515 GBP

3 1/3p ordinary

Sale

99,151

1.7527 GBP

3 1/3p ordinary

Sale

55,927

1.7539 GBP

3 1/3p ordinary

Sale

51,364

1.7549 GBP

3 1/3p ordinary

Sale

42,693

1.7517 GBP

3 1/3p ordinary

Sale

40,428

1.7507 GBP

3 1/3p ordinary

Sale

15,371

1.7532 GBP

3 1/3p ordinary

Sale

13,858

1.7521 GBP

3 1/3p ordinary

Sale

2,989

1.7525 GBP

3 1/3p ordinary

Sale

2,645

1.7560 GBP

3 1/3p ordinary

Sale

1,896

1.7535 GBP

3 1/3p ordinary

Sale

1,525

1.7510 GBP

3 1/3p ordinary

Sale

1,430

1.7598 GBP

3 1/3p ordinary

Sale

67

1.7557 GBP

3 1/3p ordinary

Sale

43

1.7580 GBP

3 1/3p ordinary

Sale

26

1.7570 GBP

3 1/3p ordinary

Sale

26

1.7530 GBP

3 1/3p ordinary

Sale

12

1.7550 GBP

3 1/3p ordinary

Sale

3

1.7601 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

CFD

Closing Short

2,974

1.7500 GBP

3 1/3p ordinary

SWAP

Decreasing Short

486

1.7500 GBP

3 1/3p ordinary

SWAP

Decreasing Short

528

1.7580 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,228

1.7542 GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,989

1.7525 GBP

3 1/3p ordinary

SWAP

Decreasing Short

12,382

1.7534 GBP

3 1/3p ordinary

SWAP

Decreasing Short

41,053

1.7539 GBP

3 1/3p ordinary

SWAP

Decreasing Short

91,382

1.7519 GBP

3 1/3p ordinary

SWAP

Decreasing Short

108,547

1.7523 GBP

3 1/3p ordinary

SWAP

Decreasing Short

768,408

1.7516 GBP

3 1/3p ordinary

SWAP

Increasing Short

264

1.7580 GBP

3 1/3p ordinary

SWAP

Increasing Short

550

1.7560 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,409

1.7551 GBP

3 1/3p ordinary

SWAP

Increasing Short

5,594

1.7517 GBP

3 1/3p ordinary

SWAP

Increasing Short

15,881

1.7516 GBP

3 1/3p ordinary

SWAP

Increasing Short

34,439

1.7545 GBP

3 1/3p ordinary

SWAP

Increasing Short

43,851

1.7500 GBP

3 1/3p ordinary

SWAP

Increasing Short

77,880

1.7538 GBP

3 1/3p ordinary

SWAP

Increasing Short

506,536

1.7523 GBP

3 1/3p ordinary

SWAP

Increasing Short

783,866

1.7522 GBP

3 1/3p ordinary

SWAP

Opening Long

1,896

1.7535 GBP

3 1/3p ordinary

SWAP

Opening Long

2,149

1.7499 GBP

3 1/3p ordinary

CFD

Opening Long

2,974

1.7500 GBP

3 1/3p ordinary

CFD

Opening Long

5,704

1.7530 GBP

3 1/3p ordinary

SWAP

Opening Long

8,490

1.7528 GBP

3 1/3p ordinary

SWAP

Opening Long

29,789

1.7501 GBP

3 1/3p ordinary

CFD

Opening Long

211,012

1.7540 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:

08 Mar 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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END
 
 
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