Picture of Spirent Communications logo

SPT Spirent Communications News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologySpeculativeMid CapHigh Flyer

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

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250410:nRSJ5630Ea&default-theme=true

RNS Number : 5630E  Barclays PLC  10 April 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:                                                     09 Apr 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:                                                      42,603,026         7.33%            2,455,422      0.42%
 (2)              Cash-settled derivatives:
                  and/or controlled:                                                      1,543,757          0.27%            42,306,403     7.28%
 (3)              Stock-settled derivatives (including options)
                  and agreements to purchase/sell:                                        0                  0.00%            0              0.00%

                  TOTAL:                                                                  44,146,783         7.60%            44,761,825     7.70%
 (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                              109,738                             1.7380  GBP
 3 1/3p ordinary                                    Purchase                              109,562                             1.6999  GBP
 3 1/3p ordinary                                    Purchase                              91,173                              1.6867  GBP
 3 1/3p ordinary                                    Purchase                              69,848                              1.7399  GBP
 3 1/3p ordinary                                    Purchase                              45,960                              1.7358  GBP
 3 1/3p ordinary                                    Purchase                              32,351                              1.6700  GBP
 3 1/3p ordinary                                    Purchase                              27,850                              1.7112  GBP
 3 1/3p ordinary                                    Purchase                              21,663                              1.7460  GBP
 3 1/3p ordinary                                    Purchase                              9,270                               1.7462  GBP
 3 1/3p ordinary                                    Purchase                              8,600                               1.7374  GBP
 3 1/3p ordinary                                    Purchase                              6,256                               1.7075  GBP
 3 1/3p ordinary                                    Purchase                              5,937                               1.7554  GBP
 3 1/3p ordinary                                    Purchase                              4,800                               1.6830  GBP
 3 1/3p ordinary                                    Purchase                              3,836                               1.7454  GBP
 3 1/3p ordinary                                    Purchase                              2,741                               1.7250  GBP
 3 1/3p ordinary                                    Purchase                              2,731                               1.7313  GBP
 3 1/3p ordinary                                    Purchase                              2,597                               1.7500  GBP
 3 1/3p ordinary                                    Purchase                              2,400                               1.7450  GBP
 3 1/3p ordinary                                    Purchase                              2,242                               1.7408  GBP
 3 1/3p ordinary                                    Purchase                              1,873                               1.7440  GBP
 3 1/3p ordinary                                    Purchase                              1,740                               1.7256  GBP
 3 1/3p ordinary                                    Purchase                              1,166                               1.7470  GBP
 3 1/3p ordinary                                    Purchase                              1,142                               1.7468  GBP
 3 1/3p ordinary                                    Purchase                              1,094                               1.7499  GBP
 3 1/3p ordinary                                    Purchase                              705                                 1.6920  GBP
 3 1/3p ordinary                                    Purchase                              684                                 1.7433  GBP
 3 1/3p ordinary                                    Purchase                              92                                  1.7160  GBP
 3 1/3p ordinary                                    Sale                                  228,299                             1.7332  GBP
 3 1/3p ordinary                                    Sale                                  120,000                             1.6691  GBP
 3 1/3p ordinary                                    Sale                                  100,000                             1.7441  GBP
 3 1/3p ordinary                                    Sale                                  91,173                              1.6867  GBP
 3 1/3p ordinary                                    Sale                                  84,377                              1.7091  GBP
 3 1/3p ordinary                                    Sale                                  74,980                              1.7103  GBP
 3 1/3p ordinary                                    Sale                                  43,363                              1.7078  GBP
 3 1/3p ordinary                                    Sale                                  36,800                              1.7464  GBP
 3 1/3p ordinary                                    Sale                                  32,351                              1.6700  GBP
 3 1/3p ordinary                                    Sale                                  32,223                              1.7285  GBP
 3 1/3p ordinary                                    Sale                                  29,634                              1.7447  GBP
 3 1/3p ordinary                                    Sale                                  13,076                              1.7205  GBP
 3 1/3p ordinary                                    Sale                                  11,275                              1.7187  GBP
 3 1/3p ordinary                                    Sale                                  10,569                              1.7358  GBP
 3 1/3p ordinary                                    Sale                                  9,278                               1.7395  GBP
 3 1/3p ordinary                                    Sale                                  8,807                               1.7312  GBP
 3 1/3p ordinary                                    Sale                                  8,555                               1.6753  GBP
 3 1/3p ordinary                                    Sale                                  7,629                               1.6781  GBP
 3 1/3p ordinary                                    Sale                                  5,633                               1.7379  GBP
 3 1/3p ordinary                                    Sale                                  5,567                               1.7015  GBP
 3 1/3p ordinary                                    Sale                                  5,498                               1.7380  GBP
 3 1/3p ordinary                                    Sale                                  4,470                               1.7476  GBP
 3 1/3p ordinary                                    Sale                                  3,682                               1.7352  GBP
 3 1/3p ordinary                                    Sale                                  2,746                               1.6732  GBP
 3 1/3p ordinary                                    Sale                                  2,490                               1.6823  GBP
 3 1/3p ordinary                                    Sale                                  1,466                               1.7469  GBP
 3 1/3p ordinary                                    Sale                                  1,166                               1.7470  GBP
 3 1/3p ordinary                                    Sale                                  1,094                               1.7500  GBP
 3 1/3p ordinary                                    Sale                                  893                                 1.6780  GBP
 3 1/3p ordinary                                    Sale                                  748                                 1.7460  GBP
 3 1/3p ordinary                                    Sale                                  705                                 1.6920  GBP
 3 1/3p ordinary                                    Sale                                  281                                 1.7440  GBP
 3 1/3p ordinary                                    Sale                                  92                                  1.7160  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                    120,000        1.6691  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    22,313         1.6767  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    5,567          1.7015  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    43,363         1.7078  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    84,377         1.7091  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    74,980         1.7103  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    11,275         1.7187  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    15,998         1.7251  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    10,671         1.7286  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    10,569         1.7358  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    566            1.7378  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    5,870          1.7379  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    95,173         1.7380  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    100,000        1.7441  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    29,634         1.7447  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    1,466          1.7469  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    2,557          1.7486  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    4,800          1.6830  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    109,562        1.6999  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    6,256          1.7075  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    2,731          1.7313  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    13,963         1.7327  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    8,600          1.7374  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    68,961         1.7380  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    69,848         1.7399  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    3,836          1.7454  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    826            1.7471  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    5,937          1.7554  GBP
 3 1/3p ordinary                                    CFD                                   Decreasing Short                    75,275         1.7319  GBP
 3 1/3p ordinary                                    CFD                                   Decreasing Short                    33,968         1.7326  GBP
 3 1/3p ordinary                                    CFD                                   Decreasing Short                    6,931          1.7353  GBP
 3 1/3p ordinary                                    CFD                                   Increasing Short                    21,259         1.7311  GBP
 3 1/3p ordinary                                    CFD                                   Increasing Short                    34             1.7441  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:                                                                      10 Apr 2025
 Contact name:                                                                            Large Holdings Regulatory Operations
 Telephone number:                                                                        020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RETDZGMDFGKGKZM

Recent news on Spirent Communications

See all news