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: | 07 Mar 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: |
|
| 12,743,822 | 2.20% | 495,992 | 0.09% |
(2) | Cash-settled derivatives: |
|
|
|
| ||
| and/or controlled: |
|
| 424,613 | 0.07% | 12,577,890 | 2.17% |
(3) | Stock-settled derivatives (including options) |
|
|
|
| ||
| and agreements to purchase/sell: |
|
| 0 | 0.00% | 0 | 0.00% |
|
|
|
|
|
|
|
|
| TOTAL: |
|
| 13,168,435 | 2.28% | 13,073,882 | 2.26% |
(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 | 2,953,148 | 1.7503 GBP | ||||
3 1/3p ordinary | Purchase | 354,210 | 1.7515 GBP | ||||
3 1/3p ordinary | Purchase | 196,136 | 1.7513 GBP | ||||
3 1/3p ordinary | Purchase | 142,104 | 1.7528 GBP | ||||
3 1/3p ordinary | Purchase | 130,605 | 1.7527 GBP | ||||
3 1/3p ordinary | Purchase | 120,032 | 1.7517 GBP | ||||
3 1/3p ordinary | Purchase | 94,411 | 1.7509 GBP | ||||
3 1/3p ordinary | Purchase | 77,880 | 1.7538 GBP | ||||
3 1/3p ordinary | Purchase | 58,658 | 1.7512 GBP | ||||
3 1/3p ordinary | Purchase | 46,853 | 1.7500 GBP | ||||
3 1/3p ordinary | Purchase | 34,439 | 1.7545 GBP | ||||
3 1/3p ordinary | Purchase | 23,070 | 1.7505 GBP | ||||
3 1/3p ordinary | Purchase | 15,881 | 1.7516 GBP | ||||
3 1/3p ordinary | Purchase | 15,016 | 1.7530 GBP | ||||
3 1/3p ordinary | Purchase | 13,050 | 1.7560 GBP | ||||
3 1/3p ordinary | Purchase | 6,576 | 1.7499 GBP | ||||
3 1/3p ordinary | Purchase | 5,409 | 1.7551 GBP | ||||
3 1/3p ordinary | Purchase | 577 | 1.7525 GBP | ||||
3 1/3p ordinary | Purchase | 124 | 1.7574 GBP | ||||
3 1/3p ordinary | Purchase | 43 | 1.7580 GBP | ||||
3 1/3p ordinary | Purchase | 26 | 1.7570 GBP | ||||
3 1/3p ordinary | Purchase | 16 | 1.7558 GBP | ||||
3 1/3p ordinary | Purchase | 3 | 1.7600 GBP | ||||
3 1/3p ordinary | Sale | 2,730,940 | 1.7500 GBP | ||||
3 1/3p ordinary | Sale | 780,439 | 1.7516 GBP | ||||
3 1/3p ordinary | Sale | 159,648 | 1.7538 GBP | ||||
3 1/3p ordinary | Sale | 100,778 | 1.7515 GBP | ||||
3 1/3p ordinary | Sale | 99,151 | 1.7527 GBP | ||||
3 1/3p ordinary | Sale | 55,927 | 1.7539 GBP | ||||
3 1/3p ordinary | Sale | 51,364 | 1.7549 GBP | ||||
3 1/3p ordinary | Sale | 42,693 | 1.7517 GBP | ||||
3 1/3p ordinary | Sale | 40,428 | 1.7507 GBP | ||||
3 1/3p ordinary | Sale | 15,371 | 1.7532 GBP | ||||
3 1/3p ordinary | Sale | 13,858 | 1.7521 GBP | ||||
3 1/3p ordinary | Sale | 2,989 | 1.7525 GBP | ||||
3 1/3p ordinary | Sale | 2,645 | 1.7560 GBP | ||||
3 1/3p ordinary | Sale | 1,896 | 1.7535 GBP | ||||
3 1/3p ordinary | Sale | 1,525 | 1.7510 GBP | ||||
3 1/3p ordinary | Sale | 1,430 | 1.7598 GBP | ||||
3 1/3p ordinary | Sale | 67 | 1.7557 GBP | ||||
3 1/3p ordinary | Sale | 43 | 1.7580 GBP | ||||
3 1/3p ordinary | Sale | 26 | 1.7570 GBP | ||||
3 1/3p ordinary | Sale | 26 | 1.7530 GBP | ||||
3 1/3p ordinary | Sale | 12 | 1.7550 GBP | ||||
3 1/3p ordinary | Sale | 3 | 1.7601 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 | CFD | Closing Short | 2,974 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 486 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 528 | 1.7580 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,228 | 1.7542 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 2,989 | 1.7525 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 12,382 | 1.7534 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 41,053 | 1.7539 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 91,382 | 1.7519 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 108,547 | 1.7523 GBP | |||
3 1/3p ordinary | SWAP | Decreasing Short | 768,408 | 1.7516 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 264 | 1.7580 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 550 | 1.7560 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,409 | 1.7551 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 5,594 | 1.7517 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 15,881 | 1.7516 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 34,439 | 1.7545 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 43,851 | 1.7500 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 77,880 | 1.7538 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 506,536 | 1.7523 GBP | |||
3 1/3p ordinary | SWAP | Increasing Short | 783,866 | 1.7522 GBP | |||
3 1/3p ordinary | SWAP | Opening Long | 1,896 | 1.7535 GBP | |||
3 1/3p ordinary | SWAP | Opening Long | 2,149 | 1.7499 GBP | |||
3 1/3p ordinary | CFD | Opening Long | 2,974 | 1.7500 GBP | |||
3 1/3p ordinary | CFD | Opening Long | 5,704 | 1.7530 GBP | |||
3 1/3p ordinary | SWAP | Opening Long | 8,490 | 1.7528 GBP | |||
3 1/3p ordinary | SWAP | Opening Long | 29,789 | 1.7501 GBP | |||
3 1/3p ordinary | CFD | Opening Long | 211,012 | 1.7540 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: | 08 Mar 2024 | ||||||
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.