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:20250417:nRSQ5124Fa&default-theme=true

RNS Number : 5124F  Barclays PLC  17 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:                                                     16 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:                                                      39,621,810         6.82%            2,510,389      0.43%
 (2)              Cash-settled derivatives:
                  and/or controlled:                                                      1,599,922          0.28%            39,329,160     6.77%
 (3)              Stock-settled derivatives (including options)
                  and agreements to purchase/sell:                                        0                  0.00%            0              0.00%

                  TOTAL:                                                                  41,221,732         7.09%            41,839,549     7.20%
 (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                              126,801                             1.7519  GBP
 3 1/3p ordinary                                    Purchase                              111,272                             1.7527  GBP
 3 1/3p ordinary                                    Purchase                              87,420                              1.7588  GBP
 3 1/3p ordinary                                    Purchase                              51,980                              1.7640  GBP
 3 1/3p ordinary                                    Purchase                              34,933                              1.7460  GBP
 3 1/3p ordinary                                    Purchase                              25,549                              1.7660  GBP
 3 1/3p ordinary                                    Purchase                              24,309                              1.7665  GBP
 3 1/3p ordinary                                    Purchase                              22,058                              1.7638  GBP
 3 1/3p ordinary                                    Purchase                              13,170                              1.7532  GBP
 3 1/3p ordinary                                    Purchase                              7,091                               1.7914  GBP
 3 1/3p ordinary                                    Purchase                              6,868                               1.7651  GBP
 3 1/3p ordinary                                    Purchase                              4,219                               1.7633  GBP
 3 1/3p ordinary                                    Purchase                              2,842                               1.7849  GBP
 3 1/3p ordinary                                    Purchase                              1,914                               1.7704  GBP
 3 1/3p ordinary                                    Purchase                              1,902                               1.7480  GBP
 3 1/3p ordinary                                    Purchase                              1,016                               1.7699  GBP
 3 1/3p ordinary                                    Purchase                              591                                 1.7824  GBP
 3 1/3p ordinary                                    Purchase                              490                                 1.7760  GBP
 3 1/3p ordinary                                    Purchase                              482                                 1.7920  GBP
 3 1/3p ordinary                                    Purchase                              106                                 1.7620  GBP
 3 1/3p ordinary                                    Purchase                              69                                  1.7520  GBP
 3 1/3p ordinary                                    Purchase                              63                                  1.7940  GBP
 3 1/3p ordinary                                    Purchase                              45                                  1.7700  GBP
 3 1/3p ordinary                                    Sale                                  58,643                              1.7474  GBP
 3 1/3p ordinary                                    Sale                                  28,028                              1.7460  GBP
 3 1/3p ordinary                                    Sale                                  11,769                              1.7701  GBP
 3 1/3p ordinary                                    Sale                                  687                                 1.7731  GBP
 3 1/3p ordinary                                    Sale                                  415                                 1.7700  GBP
 3 1/3p ordinary                                    Sale                                  69                                  1.7520  GBP
 3 1/3p ordinary                                    Sale                                  29                                  1.7679  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                    889            1.7460  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    29             1.7679  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    2              1.7680  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    415            1.7700  GBP
 3 1/3p ordinary                                    SWAP                                  Decreasing Short                    11,769         1.7701  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    80,268         1.7460  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    1,902          1.7480  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    17,570         1.7486  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    111,272        1.7527  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    13,684         1.7575  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    87,420         1.7588  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    100            1.7600  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    51,980         1.7640  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    6,868          1.7651  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    11,000         1.7656  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    24,309         1.7665  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    11,982         1.7697  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    1,016          1.7699  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    7,091          1.7914  GBP
 3 1/3p ordinary                                    SWAP                                  Increasing Short                    482            1.7920  GBP
 3 1/3p ordinary                                    CFD                                   Increasing Short                    13,300         1.7779  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:                                                                      17 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  RETGZGMDZNNGKZM

Recent news on Spirent Communications

See all news