18 Mar 2024 14:19
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: | 15 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: |  |  | 14,600,407 | 2.52% | 365,357 | 0.06% |
(2) | Cash-settled derivatives: | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 321,626 | 0.06% | 14,481,473 | 2.50% |
(3) | Stock-settled derivatives (including options) | Â | Â | Â | Â | ||
 | and agreements to purchase/sell: |  |  | 0 | 0.00% | 0 | 0.00% |
 |  |  |  |  |  |  |  |
 | TOTAL: |  |  | 14,922,033 | 2.58% | 14,846,830 | 2.57% |
(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 | 155,339 | 1.7709 GBP | ||||
3 1/3p ordinary | Purchase | 115,850 | 1.7700 GBP | ||||
3 1/3p ordinary | Purchase | 18,886 | 1.7781 GBP | ||||
3 1/3p ordinary | Purchase | 14,864 | 1.7792 GBP | ||||
3 1/3p ordinary | Purchase | 8,512 | 1.7698 GBP | ||||
3 1/3p ordinary | Purchase | 8,234 | 1.7723 GBP | ||||
3 1/3p ordinary | Purchase | 6,762 | 1.7764 GBP | ||||
3 1/3p ordinary | Purchase | 6,736 | 1.7732 GBP | ||||
3 1/3p ordinary | Purchase | 4,886 | 1.7811 GBP | ||||
3 1/3p ordinary | Purchase | 4,525 | 1.7799 GBP | ||||
3 1/3p ordinary | Purchase | 3,906 | 1.7780 GBP | ||||
3 1/3p ordinary | Purchase | 2,277 | 1.7800 GBP | ||||
3 1/3p ordinary | Purchase | 1,722 | 1.7725 GBP | ||||
3 1/3p ordinary | Purchase | 1,131 | 1.7819 GBP | ||||
3 1/3p ordinary | Purchase | 600 | 1.7798 GBP | ||||
3 1/3p ordinary | Purchase | 565 | 1.7820 GBP | ||||
3 1/3p ordinary | Purchase | 300 | 1.7738 GBP | ||||
3 1/3p ordinary | Purchase | 39 | 1.7733 GBP | ||||
3 1/3p ordinary | Purchase | 4 | 1.7689 GBP | ||||
3 1/3p ordinary | Sale | 263,473 | 1.7703 GBP | ||||
3 1/3p ordinary | Sale | 145,457 | 1.7700 GBP | ||||
3 1/3p ordinary | Sale | 32,561 | 1.7741 GBP | ||||
3 1/3p ordinary | Sale | 30,520 | 1.7782 GBP | ||||
3 1/3p ordinary | Sale | 17,151 | 1.7718 GBP | ||||
3 1/3p ordinary | Sale | 6,313 | 1.7736 GBP | ||||
3 1/3p ordinary | Sale | 4,618 | 1.7705 GBP | ||||
3 1/3p ordinary | Sale | 3,431 | 1.7800 GBP | ||||
3 1/3p ordinary | Sale | 2,900 | 1.7715 GBP | ||||
3 1/3p ordinary | Sale | 1,131 | 1.7840 GBP | ||||
3 1/3p ordinary | Sale | 980 | 1.7790 GBP | ||||
3 1/3p ordinary | Sale | 749 | 1.7783 GBP | ||||
3 1/3p ordinary | Sale | 129 | 1.7830 GBP | ||||
3 1/3p ordinary | Sale | 39 | 1.7735 GBP | ||||
3 1/3p ordinary | Sale | 34 | 1.7689 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 | 6,736 | 1.7732 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 843 | 1.7700 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,015 | 1.7733 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,020 | 1.7737 GBP | |||
3 1/3p ordinary | CFD | Decreasing Short | 4,166 | 1.7745 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,191 | 1.7755 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,391 | 1.7748 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,618 | 1.7705 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 5,300 | 1.7750 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 7,293 | 1.7743 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 10,392 | 1.7744 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 31,269 | 1.7783 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 32,561 | 1.7741 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 110,432 | 1.7700 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 131,632 | 1.7700 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 30 | 1.7700 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 565 | 1.7820 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,026 | 1.7760 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,131 | 1.7819 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 8,158 | 1.7726 GBP | |||
3 1/3p ordinary | CFD | Increasing Short | 8,560 | 1.7755 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 14,864 | 1.7792 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 163,561 | 1.7727 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: | 18 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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