RNS Number : 5868O
Barclays PLC
15 May 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:

14 May 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:

 

 

15,765,399

2.72%

5,907,916

1.02%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,204,660

0.38%

15,423,520

2.67%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

17,970,059

3.11%

21,331,436

3.69%

(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

88,653

1.9071  GBP

3 1/3p ordinary

Purchase

21,800

1.9059  GBP

3 1/3p ordinary

Purchase

18,030

1.9036  GBP

3 1/3p ordinary

Purchase

12,656

1.9051  GBP

3 1/3p ordinary

Purchase

11,587

1.9048  GBP

3 1/3p ordinary

Purchase

9,271

1.9033  GBP

3 1/3p ordinary

Purchase

6,636

1.9068  GBP

3 1/3p ordinary

Purchase

5,219

1.9057  GBP

3 1/3p ordinary

Purchase

3,149

1.9075  GBP

3 1/3p ordinary

Purchase

3,060

1.9089  GBP

3 1/3p ordinary

Purchase

2,500

1.9052  GBP

3 1/3p ordinary

Purchase

2,384

1.9060  GBP

3 1/3p ordinary

Purchase

1,903

1.9035  GBP

3 1/3p ordinary

Purchase

1,773

1.9105  GBP

3 1/3p ordinary

Purchase

1,454

1.9107  GBP

3 1/3p ordinary

Purchase

1,289

1.9067  GBP

3 1/3p ordinary

Purchase

991

1.9100  GBP

3 1/3p ordinary

Purchase

523

1.9110  GBP

3 1/3p ordinary

Purchase

110

1.9140  GBP

3 1/3p ordinary

Purchase

20

1.9028  GBP

3 1/3p ordinary

Purchase

6

1.9106  GBP

3 1/3p ordinary

Sale

69,585

1.9145  GBP

3 1/3p ordinary

Sale

26,580

1.9060  GBP

3 1/3p ordinary

Sale

18,424

1.9191  GBP

3 1/3p ordinary

Sale

17,655

1.9196  GBP

3 1/3p ordinary

Sale

14,986

1.9194  GBP

3 1/3p ordinary

Sale

11,510

1.9089  GBP

3 1/3p ordinary

Sale

8,822

1.9049  GBP

3 1/3p ordinary

Sale

8,640

1.9200  GBP

3 1/3p ordinary

Sale

7,742

1.9058  GBP

3 1/3p ordinary

Sale

7,381

1.9085  GBP

3 1/3p ordinary

Sale

1,454

1.9109  GBP

3 1/3p ordinary

Sale

991

1.9102  GBP

3 1/3p ordinary

Sale

269

1.9050  GBP

3 1/3p ordinary

Sale

20

1.9030  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 Short

3,991

1.9049  GBP

3 1/3p ordinary

SWAP

Decreasing Short

100

1.9179  GBP

3 1/3p ordinary

SWAP

Decreasing Short

335

1.9058  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,278

1.9079  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,594

1.9060  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,831

1.9049  GBP

3 1/3p ordinary

SWAP

Decreasing Short

5,203

1.9118  GBP

3 1/3p ordinary

SWAP

Decreasing Short

7,742

1.9058  GBP

3 1/3p ordinary

SWAP

Decreasing Short

100,000

1.9198  GBP

3 1/3p ordinary

SWAP

Increasing Short

6,636

1.9068  GBP

3 1/3p ordinary

SWAP

Increasing Short

18,030

1.9036  GBP

3 1/3p ordinary

CFD

Increasing Short

18,457

1.9051  GBP

3 1/3p ordinary

SWAP

Increasing Short

21,873

1.9048  GBP

3 1/3p ordinary

CFD

Increasing Short

62,004

1.9079  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:

15 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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