RNS Number : 2406K
Barclays PLC
27 May 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:

23 May 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:



44,708,518

7.69%

2,043,431

0.35%

(2)

Cash-settled derivatives:






and/or controlled:



1,883,755

0.32%

44,396,763

7.64%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



46,592,273

8.02%

46,440,194

7.99%

(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

74,625

1.9283  GBP

3 1/3p ordinary

Purchase

69,521

1.9343  GBP

3 1/3p ordinary

Purchase

62,187

1.9281  GBP

3 1/3p ordinary

Purchase

19,498

1.9380  GBP

3 1/3p ordinary

Purchase

19,302

1.9274  GBP

3 1/3p ordinary

Purchase

17,193

1.9306  GBP

3 1/3p ordinary

Purchase

14,802

1.9247  GBP

3 1/3p ordinary

Purchase

1,682

1.9381  GBP

3 1/3p ordinary

Purchase

1,590

1.9350  GBP

3 1/3p ordinary

Purchase

1,399

1.9284  GBP

3 1/3p ordinary

Purchase

836

1.9400  GBP

3 1/3p ordinary

Purchase

657

1.9300  GBP

3 1/3p ordinary

Purchase

657

1.9320  GBP

3 1/3p ordinary

Purchase

587

1.9329  GBP

3 1/3p ordinary

Purchase

108

1.9205  GBP

3 1/3p ordinary

Purchase

6

1.9359  GBP

3 1/3p ordinary

Purchase

6

1.9360  GBP

3 1/3p ordinary

Sale

1,000,000

1.9199  GBP

3 1/3p ordinary

Sale

1,000,000

1.9188  GBP

3 1/3p ordinary

Sale

33,633

1.9243  GBP

3 1/3p ordinary

Sale

10,515

1.9380  GBP

3 1/3p ordinary

Sale

9,967

1.9322  GBP

3 1/3p ordinary

Sale

6,009

1.9379  GBP

3 1/3p ordinary

Sale

3,777

1.9337  GBP

3 1/3p ordinary

Sale

3,111

1.9225  GBP

3 1/3p ordinary

Sale

2,662

1.9385  GBP

3 1/3p ordinary

Sale

1,434

1.9355  GBP

3 1/3p ordinary

Sale

1,294

1.9382  GBP

3 1/3p ordinary

Sale

1,076

1.9240  GBP

3 1/3p ordinary

Sale

1,040

1.9347  GBP

3 1/3p ordinary

Sale

763

1.9160  GBP

3 1/3p ordinary

Sale

723

1.9400  GBP

3 1/3p ordinary

Sale

433

1.9360  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

6,242

1.9328  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000,000

1.9188  GBP

3 1/3p ordinary

SWAP

Decreasing Short

16,073

1.9194  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000,000

1.9199  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,111

1.9225  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,949

1.9239  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000,000

1.9299  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,551

1.9305  GBP

3 1/3p ordinary

SWAP

Decreasing Short

9,967

1.9322  GBP

3 1/3p ordinary

SWAP

Decreasing Short

234

1.9342  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,467

1.9351  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,760

1.9380  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,662

1.9385  GBP

3 1/3p ordinary

SWAP

Increasing Short

22

1.9203  GBP

3 1/3p ordinary

SWAP

Increasing Short

86

1.9206  GBP

3 1/3p ordinary

SWAP

Increasing Short

14,802

1.9247  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,694

1.9280  GBP

3 1/3p ordinary

SWAP

Increasing Short

62,187

1.9281  GBP

3 1/3p ordinary

SWAP

Increasing Short

74,625

1.9283  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,000,000

1.9288  GBP

3 1/3p ordinary

SWAP

Increasing Short

384

1.9300  GBP

3 1/3p ordinary

SWAP

Increasing Short

604

1.9308  GBP

3 1/3p ordinary

SWAP

Increasing Short

23,537

1.9318  GBP

3 1/3p ordinary

SWAP

Increasing Short

69,521

1.9343  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,841

1.9347  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,590

1.9350  GBP

3 1/3p ordinary

SWAP

Increasing Short

15

1.9360  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,018

1.9361  GBP

3 1/3p ordinary

SWAP

Increasing Short

346

1.9380  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,682

1.9381  GBP

3 1/3p ordinary

CFD

Decreasing Short

1,300

1.9258  GBP

3 1/3p ordinary

CFD

Increasing Short

3,975

1.9345  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:

27 May 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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