FORM 8.3
|
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE
BY
|
A
PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%
OR
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MORE
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Rule 8.3 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Full name of discloser:
|
Barclays PLC.
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(b)
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Owner or controller of interest and short
positions disclosed, if different from
1(a):
|
|
(c)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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SPIRENT COMMUNICATIONS PLC
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(d)
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If
an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
|
|
(e)
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Date position held/dealing undertaken:
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22
Jul 2024
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(f)
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In
addition to the company in 1(c) above, is the discloser making
disclosures in respect of any other party to the
offer?
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NO
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2.
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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:
|
21,289,802
|
3.68%
|
775,808
|
0.13%
|
(2)
Cash-settled derivatives:
|
432,562
|
0.07%
|
20,851,540
|
3.60%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
21,722,364
|
3.75%
|
21,627,348
|
3.74%
|
(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 PERSON MAKING THE
DISCLOSURE
|
(a)
|
Purchase and sales
|
Class of relevant
security
|
Purchase/sale
|
Number of
securities
|
Price per
unit
|
3 1/3p
ordinary
|
Purchase
|
127,608
|
1.7484 GBP
|
3 1/3p
ordinary
|
Purchase
|
73,688
|
1.7447 GBP
|
3 1/3p
ordinary
|
Purchase
|
42,830
|
1.7452 GBP
|
3 1/3p
ordinary
|
Purchase
|
28,571
|
1.7429 GBP
|
3 1/3p
ordinary
|
Purchase
|
22,383
|
1.7422 GBP
|
3 1/3p
ordinary
|
Purchase
|
21,218
|
1.7456 GBP
|
3 1/3p
ordinary
|
Purchase
|
21,008
|
1.7408 GBP
|
3 1/3p
ordinary
|
Purchase
|
17,034
|
1.7430 GBP
|
3 1/3p
ordinary
|
Purchase
|
15,000
|
1.7590 GBP
|
3 1/3p
ordinary
|
Purchase
|
12,006
|
1.7392 GBP
|
3 1/3p
ordinary
|
Purchase
|
7,000
|
1.7580 GBP
|
3 1/3p
ordinary
|
Purchase
|
5,551
|
1.7588 GBP
|
3 1/3p
ordinary
|
Purchase
|
3,571
|
1.7421 GBP
|
3 1/3p
ordinary
|
Purchase
|
2,945
|
1.7438 GBP
|
3 1/3p
ordinary
|
Purchase
|
1,663
|
1.7410 GBP
|
3 1/3p
ordinary
|
Purchase
|
1,000
|
1.7170 GBP
|
3 1/3p
ordinary
|
Sale
|
2,200,000
|
1.7450 GBP
|
3 1/3p
ordinary
|
Sale
|
127,608
|
1.7484 GBP
|
3 1/3p
ordinary
|
Sale
|
112,981
|
1.7430 GBP
|
3 1/3p
ordinary
|
Sale
|
54,074
|
1.7407 GBP
|
3 1/3p
ordinary
|
Sale
|
53,700
|
1.7337 GBP
|
3 1/3p
ordinary
|
Sale
|
12,254
|
1.7401 GBP
|
3 1/3p
ordinary
|
Sale
|
9,094
|
1.7520 GBP
|
3 1/3p
ordinary
|
Sale
|
5,779
|
1.7424 GBP
|
3 1/3p
ordinary
|
Sale
|
5,551
|
1.7590 GBP
|
3 1/3p
ordinary
|
Sale
|
5,444
|
1.7374 GBP
|
3 1/3p
ordinary
|
Sale
|
3,989
|
1.7359 GBP
|
3 1/3p
ordinary
|
Sale
|
3,871
|
1.7414 GBP
|
3 1/3p
ordinary
|
Sale
|
3,332
|
1.7315 GBP
|
3 1/3p
ordinary
|
Sale
|
3,316
|
1.7410 GBP
|
3 1/3p
ordinary
|
Sale
|
1,663
|
1.7411 GBP
|
3 1/3p
ordinary
|
Sale
|
1,000
|
1.7170 GBP
|
3 1/3p
ordinary
|
Sale
|
15
|
1.7330 GBP
|
(b)
|
Cash-settled derivative transactions
|
Class of
relevant
security
|
Product
description
|
Nature of
dealing
|
Number of
reference
securities
|
Price per
unit
|
3 1/3p
ordinary
|
SWAP
|
Opening
Short
|
7,283
|
1.7410 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Long
|
19,114
|
1.7358 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Long
|
7,016
|
1.7540 GBP
|
3 1/3p
ordinary
|
CFD
|
Decreasing Short
|
34,068
|
1.7430 GBP
|
3 1/3p
ordinary
|
CFD
|
Increasing Short
|
17,034
|
1.7429 GBP
|
3 1/3p
ordinary
|
CFD
|
Increasing Short
|
16,818
|
1.7438 GBP
|
3 1/3p
ordinary
|
CFD
|
Increasing Short
|
4,444
|
1.7458 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
200
|
1.7429 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
15,758
|
1.7455 GBP
|
3 1/3p
ordinary
|
SWAP
|
Opening
Long
|
34,775
|
1.7434 GBP
|
3 1/3p
ordinary
|
SWAP
|
Opening
Short
|
14,074
|
1.7410 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
37,528
|
1.7422 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
660,000
|
1.7450 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
9,094
|
1.7520 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
20,059
|
1.7398 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
6,152
|
1.7430 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
42,830
|
1.7452 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
3,871
|
1.7414 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
22,383
|
1.7422 GBP
|
3 1/3p
ordinary
|
SWAP
|
Closing
Long
|
22,000
|
1.7588 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
4,249
|
1.7455 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
445
|
1.7530 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Long
|
53,700
|
1.7337 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Long
|
46,928
|
1.7405 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
1,540,000
|
1.7450 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
12,188
|
1.7420 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
4,732
|
1.7430 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
21,218
|
1.7456 GBP
|
|
|
|
|
|
|
|
|
(c)
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Stock-settled derivative transactions
(including options)
|
(i)
|
Writing, selling, purchasing or varying
|
Class
of
relevant
security
|
Product
description
|
Writing,
purchasing,
selling,
varying etc
|
Number
of
securities
to which
option
relates
|
Exercise
price
per unit
|
Type
|
Expiry
date
|
Option
money
paid/
received
per unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
Class of relevant
security
|
Product
description
|
Exercising/ exercised
against
|
Number of
securities
|
Exercise price per
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for
new securities)
|
Class of relevant
security
|
Nature of
Dealings
|
Details
|
Price per unit (if
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 person 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:
|
23 Jul 2024
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|