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15 July 2025 14:26:44
- Source: Sharecast

FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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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. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
SPIRENT COMMUNICATIONS PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
14 Jul 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
3 1/3p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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29,020,526 |
4.99% |
1,449,743 |
0.25% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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1,417,212 |
0.24% |
28,729,793 |
4.94% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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30,437,738 |
5.24% |
30,179,536 |
5.19% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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3 1/3p ordinary |
Purchase |
487,411 |
1.9547 GBP |
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3 1/3p ordinary |
Purchase |
474,413 |
1.9482 GBP |
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3 1/3p ordinary |
Purchase |
293,937 |
1.9497 GBP |
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3 1/3p ordinary |
Purchase |
134,480 |
1.9499 GBP |
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3 1/3p ordinary |
Purchase |
112,310 |
1.9537 GBP |
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3 1/3p ordinary |
Purchase |
103,022 |
1.9517 GBP |
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3 1/3p ordinary |
Purchase |
80,199 |
1.9500 GBP |
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3 1/3p ordinary |
Purchase |
68,049 |
1.9520 GBP |
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3 1/3p ordinary |
Purchase |
65,100 |
1.9509 GBP |
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3 1/3p ordinary |
Purchase |
23,642 |
1.9552 GBP |
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3 1/3p ordinary |
Purchase |
22,536 |
1.9533 GBP |
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3 1/3p ordinary |
Purchase |
19,910 |
1.9528 GBP |
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3 1/3p ordinary |
Purchase |
6,748 |
1.9540 GBP |
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3 1/3p ordinary |
Purchase |
6,737 |
1.9510 GBP |
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3 1/3p ordinary |
Purchase |
4,217 |
1.9530 GBP |
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3 1/3p ordinary |
Purchase |
2,159 |
1.9507 GBP |
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3 1/3p ordinary |
Purchase |
1,945 |
1.9554 GBP |
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3 1/3p ordinary |
Purchase |
1,767 |
1.9550 GBP |
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3 1/3p ordinary |
Purchase |
1,620 |
1.9615 GBP |
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3 1/3p ordinary |
Purchase |
1,350 |
1.9531 GBP |
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3 1/3p ordinary |
Purchase |
1,245 |
1.9496 GBP |
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3 1/3p ordinary |
Purchase |
1,015 |
1.9480 GBP |
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3 1/3p ordinary |
Purchase |
852 |
1.9560 GBP |
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3 1/3p ordinary |
Purchase |
314 |
1.9420 GBP |
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3 1/3p ordinary |
Purchase |
233 |
1.9700 GBP |
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3 1/3p ordinary |
Purchase |
216 |
1.9600 GBP |
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3 1/3p ordinary |
Sale |
326,063 |
1.9500 GBP |
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3 1/3p ordinary |
Sale |
115,203 |
1.9497 GBP |
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3 1/3p ordinary |
Sale |
109,919 |
1.9540 GBP |
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3 1/3p ordinary |
Sale |
68,025 |
1.9520 GBP |
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3 1/3p ordinary |
Sale |
40,000 |
1.9640 GBP |
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3 1/3p ordinary |
Sale |
29,823 |
1.9519 GBP |
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3 1/3p ordinary |
Sale |
23,087 |
1.9515 GBP |
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3 1/3p ordinary |
Sale |
12,904 |
1.9527 GBP |
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3 1/3p ordinary |
Sale |
11,631 |
1.9530 GBP |
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3 1/3p ordinary |
Sale |
6,737 |
1.9510 GBP |
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3 1/3p ordinary |
Sale |
3,704 |
1.9517 GBP |
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3 1/3p ordinary |
Sale |
1,787 |
1.9550 GBP |
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3 1/3p ordinary |
Sale |
1,670 |
1.9499 GBP |
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3 1/3p ordinary |
Sale |
1,599 |
1.9480 GBP |
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3 1/3p ordinary |
Sale |
852 |
1.9560 GBP |
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3 1/3p ordinary |
Sale |
314 |
1.9420 GBP |
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3 1/3p ordinary |
Sale |
233 |
1.9700 GBP |
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3 1/3p ordinary |
Sale |
216 |
1.9600 GBP |
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3 1/3p ordinary |
Sale |
38 |
1.9523 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
115,203 |
1.9497 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,670 |
1.9499 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
475 |
1.9516 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,200 |
1.9518 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
6,338 |
1.9519 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
11,631 |
1.9530 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,260 |
1.9540 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
40,000 |
1.9640 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
134,480 |
1.9499 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
45,853 |
1.9500 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
46 |
1.9507 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
89,206 |
1.9520 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
68,617 |
1.9524 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
24,168 |
1.9528 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
3,150 |
1.9531 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
487,411 |
1.9547 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
23,642 |
1.9552 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,800 |
1.9601 GBP |
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3 1/3p ordinary |
CFD |
Decreasing Short |
31,909 |
1.9520 GBP |
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3 1/3p ordinary |
SWAP |
Opening Short |
474,413 |
1.9482 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
15 Jul 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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