| 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: | 31 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: |
|
| 42,742,662 | 7.35% | 1,224,843 | 0.21% |
| (2) | Cash-settled derivatives: |
|
|
|
| ||
|
| and/or controlled: |
|
| 308,781 | 0.05% | 42,479,170 | 7.31% |
| (3) | Stock-settled derivatives (including options) |
|
|
|
| ||
|
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 43,051,443 | 7.41% | 43,704,013 | 7.52% |
| (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 | 213,783 | 1.8805 GBP | ||||
| 3 1/3p ordinary | Purchase | 44,974 | 1.8846 GBP | ||||
| 3 1/3p ordinary | Purchase | 41,090 | 1.8850 GBP | ||||
| 3 1/3p ordinary | Purchase | 29,483 | 1.8835 GBP | ||||
| 3 1/3p ordinary | Purchase | 18,218 | 1.8820 GBP | ||||
| 3 1/3p ordinary | Purchase | 16,031 | 1.8812 GBP | ||||
| 3 1/3p ordinary | Purchase | 15,969 | 1.8801 GBP | ||||
| 3 1/3p ordinary | Purchase | 14,032 | 1.8803 GBP | ||||
| 3 1/3p ordinary | Purchase | 8,512 | 1.8800 GBP | ||||
| 3 1/3p ordinary | Purchase | 8,116 | 1.8836 GBP | ||||
| 3 1/3p ordinary | Purchase | 7,999 | 1.8806 GBP | ||||
| 3 1/3p ordinary | Purchase | 7,057 | 1.8815 GBP | ||||
| 3 1/3p ordinary | Purchase | 5,164 | 1.8808 GBP | ||||
| 3 1/3p ordinary | Purchase | 5,104 | 1.8807 GBP | ||||
| 3 1/3p ordinary | Purchase | 4,633 | 1.8816 GBP | ||||
| 3 1/3p ordinary | Purchase | 1,437 | 1.8804 GBP | ||||
| 3 1/3p ordinary | Purchase | 747 | 1.8810 GBP | ||||
| 3 1/3p ordinary | Purchase | 325 | 1.8814 GBP | ||||
| 3 1/3p ordinary | Purchase | 294 | 1.8790 GBP | ||||
| 3 1/3p ordinary | Sale | 176,354 | 1.8815 GBP | ||||
| 3 1/3p ordinary | Sale | 102,669 | 1.8800 GBP | ||||
| 3 1/3p ordinary | Sale | 76,214 | 1.8840 GBP | ||||
| 3 1/3p ordinary | Sale | 22,362 | 1.8850 GBP | ||||
| 3 1/3p ordinary | Sale | 19,319 | 1.8805 GBP | ||||
| 3 1/3p ordinary | Sale | 17,797 | 1.8831 GBP | ||||
| 3 1/3p ordinary | Sale | 16,112 | 1.8809 GBP | ||||
| 3 1/3p ordinary | Sale | 8,128 | 1.8810 GBP | ||||
| 3 1/3p ordinary | Sale | 6,168 | 1.8816 GBP | ||||
| 3 1/3p ordinary | Sale | 5,920 | 1.8807 GBP | ||||
| 3 1/3p ordinary | Sale | 4,486 | 1.8799 GBP | ||||
| 3 1/3p ordinary | Sale | 4,054 | 1.8829 GBP | ||||
| 3 1/3p ordinary | Sale | 2,767 | 1.8801 GBP | ||||
| 3 1/3p ordinary | Sale | 2,406 | 1.8811 GBP | ||||
| 3 1/3p ordinary | Sale | 2,175 | 1.8898 GBP | ||||
| 3 1/3p ordinary | Sale | 999 | 1.8820 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 | Increasing Short | 13,973 | 1.8827 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 3,118 | 1.8799 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 92,729 | 1.8800 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,285 | 1.8801 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 355 | 1.8802 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 4,923 | 1.8804 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 16,112 | 1.8809 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 1,069 | 1.8814 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 1,639 | 1.8815 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 4,054 | 1.8829 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 17,797 | 1.8831 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 13,304 | 1.8850 GBP | |||
| 3 1/3p ordinary | SWAP | Decreasing Short | 2,175 | 1.8898 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 4,584 | 1.8801 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 14,032 | 1.8803 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 208,690 | 1.8805 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 16,031 | 1.8812 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 3,210 | 1.8815 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 7,515 | 1.8816 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 41,095 | 1.8819 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 15,829 | 1.8820 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 21,038 | 1.8826 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 221,462 | 1.8829 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 29,483 | 1.8835 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 27,327 | 1.8850 GBP | |||
| 3 1/3p ordinary | SWAP | Increasing Short | 2,175 | 1.8901 GBP | |||
| 3 1/3p ordinary | CFD | Decreasing Short | 59,372 | 1.8838 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: | 01 Apr 2025 | ||||||
| Contact name: | Large Holdings Regulatory Operations | ||||||
| Telephone number: | 020 3134 7213 | ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.