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REG - Barclays PLC Spirent Comms. PLC - Form 8.3 SPIRENT COMMUNICATIONS PLC

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RNS Number : 7916A  Barclays PLC  14 March 2025

 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:                                                     13 Mar 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:                                                      44,760,803         7.74%            1,347,796      0.23%
 (2)              Cash-settled derivatives:
                  and/or controlled:                                                      300,702            0.05%            44,609,326     7.71%
 (3)              Stock-settled derivatives (including options)
                  and agreements to purchase/sell:                                        0                  0.00%            0              0.00%

                  TOTAL:                                                                  45,061,505         7.79%            45,957,122     7.94%
 (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                              647,890                             1.8830  GBP
 3 1/3p ordinary                                    Purchase                              75,785                              1.9050  GBP
 3 1/3p ordinary                                    Purchase                              26,711                              1.8964  GBP
 3 1/3p ordinary                                    Purchase                              20,541                              1.8952  GBP
 3 1/3p ordinary                                    Purchase                              5,570                               1.9104  GBP
 3 1/3p ordinary                                    Purchase                              5,522                               1.8920  GBP
 3 1/3p ordinary                                    Purchase                              4,100                               1.9101  GBP
 3 1/3p ordinary                                    Purchase                              3,593                               1.9089  GBP
 3 1/3p ordinary                                    Purchase                              3,025                               1.8992  GBP
 3 1/3p ordinary                                    Purchase                              1,250                               1.9110  GBP
 3 1/3p ordinary                                    Purchase                              1,078                               1.8989  GBP
 3 1/3p ordinary                                    Purchase                              1,052                               1.9108  GBP
 3 1/3p ordinary                                    Purchase                              1,033                               1.9030  GBP
 3 1/3p ordinary                                    Purchase                              923                                 1.8865  GBP
 3 1/3p ordinary                                    Purchase                              694                                 1.9105  GBP
 3 1/3p ordinary                                    Purchase                              610                                 1.9091  GBP
 3 1/3p ordinary                                    Sale                                  1,134,629                           1.9072  GBP
 3 1/3p ordinary                                    Sale                                  500,000                             1.9086  GBP
 3 1/3p ordinary                                    Sale                                  500,000                             1.9120  GBP
 3 1/3p ordinary                                    Sale                                  139,135                             1.8856  GBP
 3 1/3p ordinary                                    Sale                                  62,740                              1.8914  GBP
 3 1/3p ordinary                                    Sale                                  55,058                              1.8830  GBP
 3 1/3p ordinary                                    Sale                                  37,300                              1.8843  GBP
 3 1/3p ordinary                                    Sale                                  31,867                              1.8926  GBP
 3 1/3p ordinary                                    Sale                                  16,158                              1.8831  GBP
 3 1/3p ordinary                                    Sale                                  8,481                               1.9006  GBP
 3 1/3p ordinary                                    Sale                                  6,700                               1.9073  GBP
 3 1/3p ordinary                                    Sale                                  3,501                               1.8948  GBP
 3 1/3p ordinary                                    Sale                                  2,877                               1.9026  GBP
 3 1/3p ordinary                                    Sale                                  2,651                               1.8890  GBP
 3 1/3p ordinary                                    Sale                                  2,634                               1.8860  GBP
 3 1/3p ordinary                                    Sale                                  1,979                               1.8972  GBP
 3 1/3p ordinary                                    Sale                                  1,795                               1.8886  GBP
 3 1/3p ordinary                                    Sale                                  756                                 1.8950  GBP
 3 1/3p ordinary                                    Sale                                  2                                   1.8965  GBP
 3 1/3p ordinary                                    Sale                                  1                                   1.8920  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                                  Decreasing Short                    40,651         1.8830  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    16,158         1.8831  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    29,494         1.8842  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    7,806          1.8846  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    58,288         1.8870  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    1,795          1.8886  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    2,651          1.8890  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    62,740         1.8914  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    31,867         1.8926  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    9,299          1.8927  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    836            1.8959  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    2,411          1.9045  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    1,134,629      1.9072  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    6,700          1.9073  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    500,000        1.9120  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    3,327          1.8830  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    389            1.8871  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    5,522          1.8920  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    2,695          1.8932  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    16,059         1.8942  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    475            1.8967  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    408            1.9005  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    1,632          1.9006  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    5,981          1.9042  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    75,785         1.9050  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    1,887          1.9095  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    4,100          1.9101  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    5,570          1.9104  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    694            1.9105  GBP
 3 1/3p ordinary                                    CFD                                   Decreasing Short                    4              1.8925  GBP
 3 1/3p ordinary                                    CFD                                   Decreasing Short                    1,016          1.9013  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:                                                                      14 Mar 2025
 Contact name:                                                                            Large Holdings Regulatory Operations
 Telephone number:                                                                        020 3134 7213

 

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