12 Mar 2024 12:59
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: | 11 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: |  |  | 14,669,873 | 2.54% | 463,496 | 0.08% |
(2) | Cash-settled derivatives: | Â | Â | Â | Â | ||
 | and/or controlled: |  |  | 392,175 | 0.07% | 14,509,645 | 2.51% |
(3) | Stock-settled derivatives (including options) | Â | Â | Â | Â | ||
 | and agreements to purchase/sell: |  |  | 0 | 0.00% | 0 | 0.00% |
 |  |  |  |  |  |  |  |
 | TOTAL: |  |  | 15,062,048 | 2.60% | 14,973,141 | 2.59% |
(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 | 608,199 | 1.7676 GBP | ||||
3 1/3p ordinary | Purchase | 58,605 | 1.7677 GBP | ||||
3 1/3p ordinary | Purchase | 27,496 | 1.7684 GBP | ||||
3 1/3p ordinary | Purchase | 25,349 | 1.7678 GBP | ||||
3 1/3p ordinary | Purchase | 24,235 | 1.7635 GBP | ||||
3 1/3p ordinary | Purchase | 22,379 | 1.7708 GBP | ||||
3 1/3p ordinary | Purchase | 14,194 | 1.7691 GBP | ||||
3 1/3p ordinary | Purchase | 11,595 | 1.7664 GBP | ||||
3 1/3p ordinary | Purchase | 10,374 | 1.7750 GBP | ||||
3 1/3p ordinary | Purchase | 9,893 | 1.7672 GBP | ||||
3 1/3p ordinary | Purchase | 8,264 | 1.7737 GBP | ||||
3 1/3p ordinary | Purchase | 7,757 | 1.7697 GBP | ||||
3 1/3p ordinary | Purchase | 7,686 | 1.7716 GBP | ||||
3 1/3p ordinary | Purchase | 5,486 | 1.7721 GBP | ||||
3 1/3p ordinary | Purchase | 3,249 | 1.7700 GBP | ||||
3 1/3p ordinary | Purchase | 3,227 | 1.7618 GBP | ||||
3 1/3p ordinary | Purchase | 2,608 | 1.7660 GBP | ||||
3 1/3p ordinary | Purchase | 2,608 | 1.7659 GBP | ||||
3 1/3p ordinary | Purchase | 2,360 | 1.7667 GBP | ||||
3 1/3p ordinary | Purchase | 1,629 | 1.7740 GBP | ||||
3 1/3p ordinary | Purchase | 1,095 | 1.7748 GBP | ||||
3 1/3p ordinary | Purchase | 813 | 1.7610 GBP | ||||
3 1/3p ordinary | Purchase | 358 | 1.7725 GBP | ||||
3 1/3p ordinary | Purchase | 296 | 1.7730 GBP | ||||
3 1/3p ordinary | Purchase | 42 | 1.7749 GBP | ||||
3 1/3p ordinary | Purchase | 34 | 1.7690 GBP | ||||
3 1/3p ordinary | Sale | 287,304 | 1.7741 GBP | ||||
3 1/3p ordinary | Sale | 251,210 | 1.7722 GBP | ||||
3 1/3p ordinary | Sale | 93,429 | 1.7750 GBP | ||||
3 1/3p ordinary | Sale | 72,666 | 1.7643 GBP | ||||
3 1/3p ordinary | Sale | 55,607 | 1.7605 GBP | ||||
3 1/3p ordinary | Sale | 31,659 | 1.7668 GBP | ||||
3 1/3p ordinary | Sale | 19,796 | 1.7610 GBP | ||||
3 1/3p ordinary | Sale | 13,691 | 1.7642 GBP | ||||
3 1/3p ordinary | Sale | 12,817 | 1.7748 GBP | ||||
3 1/3p ordinary | Sale | 8,802 | 1.7666 GBP | ||||
3 1/3p ordinary | Sale | 8,353 | 1.7703 GBP | ||||
3 1/3p ordinary | Sale | 4,021 | 1.7740 GBP | ||||
3 1/3p ordinary | Sale | 3,200 | 1.7678 GBP | ||||
3 1/3p ordinary | Sale | 2,608 | 1.7660 GBP | ||||
3 1/3p ordinary | Sale | 2,049 | 1.7655 GBP | ||||
3 1/3p ordinary | Sale | 1,656 | 1.7600 GBP | ||||
3 1/3p ordinary | Sale | 1,405 | 1.7690 GBP | ||||
3 1/3p ordinary | Sale | 358 | 1.7726 GBP | ||||
3 1/3p ordinary | Sale | 296 | 1.7730 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 | Decreasing Long | 34 | 1.7690 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Long | 196 | 1.7610 GBP | |||
3 1/3p ordinary | CFD | Decreasing Long | 10,112 | 1.7750 GBP | |||
3 1/3p ordinary | CFD | Decreasing Long | 16,383 | 1.7691 GBP | |||
3 1/3p ordinary | CFD | Decreasing Long | 22,379 | 1.7708 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 1,634 | 1.7698 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,049 | 1.7655 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 3,200 | 1.7678 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 4,359 | 1.7699 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 19,723 | 1.7650 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 20,738 | 1.7684 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 36,820 | 1.7692 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 50,015 | 1.7605 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 72,666 | 1.7643 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 244,091 | 1.7750 GBP | |||
3 1/3p ordinary | CFD | Increasing Long | 5,621 | 1.7709 GBP | |||
3 1/3p ordinary | CFD | Increasing Long | 32,491 | 1.7750 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,629 | 1.7740 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 1,677 | 1.7700 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 2,608 | 1.7660 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 3,227 | 1.7618 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 7,757 | 1.7697 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 87,473 | 1.7713 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 89,891 | 1.7714 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 250,000 | 1.7601 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: | 12 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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