Form 8.3 - Spirent Communications plc
Source: RNS![](https://tracker.live.rns-distribution.com/track.live-rns/5196126_d9353a075fe0b610698e373da828b7e4.png)
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: |
22 May 2024 |
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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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14,431,886 |
2.49% |
5,848,488 |
1.01% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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1,864,779 |
0.32% |
14,378,671 |
2.48% |
(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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16,296,665 |
2.82% |
20,227,159 |
3.50% |
(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 |
359,110 |
1.8620 GBP |
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3 1/3p ordinary |
Purchase |
273,829 |
1.8613 GBP |
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3 1/3p ordinary |
Purchase |
130,076 |
1.8615 GBP |
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3 1/3p ordinary |
Purchase |
117,904 |
1.8614 GBP |
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3 1/3p ordinary |
Purchase |
56,142 |
1.8599 GBP |
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3 1/3p ordinary |
Purchase |
38,570 |
1.8606 GBP |
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3 1/3p ordinary |
Purchase |
13,009 |
1.8600 GBP |
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3 1/3p ordinary |
Purchase |
10,547 |
1.8625 GBP |
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3 1/3p ordinary |
Purchase |
7,172 |
1.8628 GBP |
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3 1/3p ordinary |
Purchase |
2,571 |
1.8632 GBP |
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3 1/3p ordinary |
Purchase |
2,468 |
1.8610 GBP |
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3 1/3p ordinary |
Purchase |
2,341 |
1.8607 GBP |
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3 1/3p ordinary |
Sale |
358,663 |
1.8620 GBP |
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3 1/3p ordinary |
Sale |
62,218 |
1.8603 GBP |
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3 1/3p ordinary |
Sale |
53,333 |
1.8606 GBP |
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3 1/3p ordinary |
Sale |
43,430 |
1.8600 GBP |
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3 1/3p ordinary |
Sale |
19,863 |
1.8626 GBP |
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3 1/3p ordinary |
Sale |
3,311 |
1.8610 GBP |
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3 1/3p ordinary |
Sale |
1,545 |
1.8601 GBP |
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3 1/3p ordinary |
Sale |
1,268 |
1.8644 GBP |
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3 1/3p ordinary |
Sale |
800 |
1.8598 GBP |
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3 1/3p ordinary |
Sale |
153 |
1.8605 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 |
Closing Long |
1,734 |
1.8654 GBP |
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3 1/3p ordinary |
SWAP |
Closing Long |
6,139 |
1.8625 GBP |
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3 1/3p ordinary |
SWAP |
Closing Long |
37,330 |
1.8600 GBP |
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3 1/3p ordinary |
SWAP |
Closing Long |
137,563 |
1.8601 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
16 |
1.8730 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
389 |
1.8619 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
800 |
1.8598 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
1,608 |
1.8638 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
4,555 |
1.8600 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
6,837 |
1.8623 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
51,640 |
1.8609 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
62,218 |
1.8603 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,006 |
1.8610 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,571 |
1.8632 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
4,088 |
1.8600 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
7,484 |
1.8616 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
9,094 |
1.8600 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
24,951 |
1.8616 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
36,473 |
1.8612 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
67,497 |
1.8615 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
94,355 |
1.8607 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
117,904 |
1.8614 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
124,694 |
1.8627 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: |
23 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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