RNS Number : 9261S
Barclays PLC
18 June 2024
 

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:

17 Jun 2024

(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:



16,716,852

2.89%

5,602,238

0.97%

(2)

Cash-settled derivatives:






and/or controlled:



1,654,075

0.29%

16,836,957

2.91%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



18,370,927

3.17%

22,439,195

3.88%

(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

626,525

1.8449  GBP

3 1/3p ordinary

Purchase

46,468

1.8492  GBP

3 1/3p ordinary

Purchase

44,997

1.8471  GBP

3 1/3p ordinary

Purchase

20,982

1.8470  GBP

3 1/3p ordinary

Purchase

10,451

1.8435  GBP

3 1/3p ordinary

Purchase

4,467

1.8438  GBP

3 1/3p ordinary

Purchase

3,000

1.8434  GBP

3 1/3p ordinary

Purchase

644

1.8432  GBP

3 1/3p ordinary

Purchase

478

1.8440  GBP

3 1/3p ordinary

Purchase

166

1.8455  GBP

3 1/3p ordinary

Purchase

48

1.8460  GBP

3 1/3p ordinary

Purchase

48

1.8459  GBP

3 1/3p ordinary

Sale

45,167

1.8470  GBP

3 1/3p ordinary

Sale

41,249

1.8498  GBP

3 1/3p ordinary

Sale

40,313

1.8421  GBP

3 1/3p ordinary

Sale

31,412

1.8466  GBP

3 1/3p ordinary

Sale

2,524

1.8432  GBP

3 1/3p ordinary

Sale

2,361

1.8435  GBP

3 1/3p ordinary

Sale

204

1.8450  GBP

3 1/3p ordinary

Sale

48

1.8460  GBP

3 1/3p ordinary

Sale

15

1.8464  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

Closing Long

166

1.8455  GBP

3 1/3p ordinary

SWAP

Closing Short

56

1.8460  GBP

3 1/3p ordinary

SWAP

Closing Short

17,596

1.8470  GBP

3 1/3p ordinary

SWAP

Closing Short

24,385

1.8466  GBP

3 1/3p ordinary

SWAP

Decreasing Short

109

1.8441  GBP

3 1/3p ordinary

SWAP

Decreasing Short

816

1.8465  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,124

1.8476  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,524

1.8432  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,794

1.8464  GBP

3 1/3p ordinary

SWAP

Decreasing Short

39,998

1.8498  GBP

3 1/3p ordinary

SWAP

Decreasing Short

40,313

1.8421  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,300

1.8531  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,676

1.8447  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,386

1.8470  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,911

1.8434  GBP

3 1/3p ordinary

SWAP

Increasing Short

10,451

1.8435  GBP

3 1/3p ordinary

SWAP

Increasing Short

46,468

1.8492  GBP

3 1/3p ordinary

SWAP

Increasing Short

626,525

1.8449  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:

18 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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