Menu Search

Company Announcements

Barclays PLC, Spirent Communications plc

Form 8.3 - Spirent Communications plc

Source: RNS
RNS Number : 8545U
Barclays PLC
27 January 2025
 

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:

23 Jan 2025

(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:



45,302,726

7.83%

902,519

0.16%

(2)

Cash-settled derivatives:






and/or controlled:



441,529

0.08%

44,904,070

7.76%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



45,744,255

7.91%

45,806,589

7.92%

(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

170,647

1.7951  GBP

3 1/3p ordinary

Purchase

142,789

1.8166  GBP

3 1/3p ordinary

Purchase

100,424

1.8200  GBP

3 1/3p ordinary

Purchase

98,641

1.8165  GBP

3 1/3p ordinary

Purchase

67,423

1.7943  GBP

3 1/3p ordinary

Purchase

45,461

1.7898  GBP

3 1/3p ordinary

Purchase

31,336

1.7865  GBP

3 1/3p ordinary

Purchase

26,770

1.8199  GBP

3 1/3p ordinary

Purchase

15,404

1.8130  GBP

3 1/3p ordinary

Purchase

11,850

1.8134  GBP

3 1/3p ordinary

Purchase

9,823

1.7873  GBP

3 1/3p ordinary

Purchase

8,834

1.8077  GBP

3 1/3p ordinary

Purchase

8,148

1.7967  GBP

3 1/3p ordinary

Purchase

5,600

1.8098  GBP

3 1/3p ordinary

Purchase

5,319

1.8110  GBP

3 1/3p ordinary

Purchase

4,895

1.8120  GBP

3 1/3p ordinary

Purchase

3,861

1.7870  GBP

3 1/3p ordinary

Purchase

3,385

1.8071  GBP

3 1/3p ordinary

Purchase

2,690

1.8090  GBP

3 1/3p ordinary

Purchase

1,993

1.8055  GBP

3 1/3p ordinary

Purchase

1,922

1.7993  GBP

3 1/3p ordinary

Purchase

732

1.8100  GBP

3 1/3p ordinary

Purchase

732

1.8099  GBP

3 1/3p ordinary

Purchase

531

1.8089  GBP

3 1/3p ordinary

Purchase

456

1.7820  GBP

3 1/3p ordinary

Purchase

422

1.7889  GBP

3 1/3p ordinary

Purchase

180

1.8170  GBP

3 1/3p ordinary

Sale

176,525

1.8200  GBP

3 1/3p ordinary

Sale

59,775

1.8032  GBP

3 1/3p ordinary

Sale

35,362

1.7896  GBP

3 1/3p ordinary

Sale

19,067

1.7980  GBP

3 1/3p ordinary

Sale

15,544

1.7996  GBP

3 1/3p ordinary

Sale

14,305

1.7936  GBP

3 1/3p ordinary

Sale

11,322

1.7949  GBP

3 1/3p ordinary

Sale

11,175

1.8119  GBP

3 1/3p ordinary

Sale

5,411

1.7892  GBP

3 1/3p ordinary

Sale

4,922

1.7957  GBP

3 1/3p ordinary

Sale

3,822

1.7895  GBP

3 1/3p ordinary

Sale

3,575

1.7891  GBP

3 1/3p ordinary

Sale

2,615

1.8107  GBP

3 1/3p ordinary

Sale

2,153

1.7795  GBP

3 1/3p ordinary

Sale

1,619

1.7863  GBP

3 1/3p ordinary

Sale

999

1.8090  GBP

3 1/3p ordinary

Sale

732

1.8100  GBP

3 1/3p ordinary

Sale

425

1.8130  GBP

3 1/3p ordinary

Sale

103

1.8124  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

Decreasing Short

1,619

1.7863  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,575

1.7891  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,011

1.7895  GBP

3 1/3p ordinary

SWAP

Decreasing Short

82,257

1.8000  GBP

3 1/3p ordinary

SWAP

Decreasing Short

110,229

1.8017  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,615

1.8107  GBP

3 1/3p ordinary

SWAP

Decreasing Short

11,175

1.8119  GBP

3 1/3p ordinary

SWAP

Decreasing Short

103

1.8124  GBP

3 1/3p ordinary

SWAP

Decreasing Short

425

1.8130  GBP

3 1/3p ordinary

SWAP

Increasing Short

456

1.7820  GBP

3 1/3p ordinary

SWAP

Increasing Short

26,177

1.7850  GBP

3 1/3p ordinary

SWAP

Increasing Short

1

1.7860  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,838

1.7870  GBP

3 1/3p ordinary

SWAP

Increasing Short

9,823

1.7873  GBP

3 1/3p ordinary

SWAP

Increasing Short

45,461

1.7898  GBP

3 1/3p ordinary

SWAP

Increasing Short

391

1.7912  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,646

1.7916  GBP

3 1/3p ordinary

SWAP

Increasing Short

3

1.7940  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,159

1.7942  GBP

3 1/3p ordinary

SWAP

Increasing Short

67,423

1.7943  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,773

1.7948  GBP

3 1/3p ordinary

SWAP

Increasing Short

170,647

1.7951  GBP

3 1/3p ordinary

SWAP

Increasing Short

239

1.7999  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,329

1.8032  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,600

1.8098  GBP

3 1/3p ordinary

SWAP

Increasing Short

53,700

1.8106  GBP

3 1/3p ordinary

SWAP

Increasing Short

15,404

1.8130  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,850

1.8134  GBP

3 1/3p ordinary

SWAP

Increasing Short

87,441

1.8162  GBP

3 1/3p ordinary

SWAP

Increasing Short

458

1.8191  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,200

1.8195  GBP

3 1/3p ordinary

SWAP

Increasing Short

40,667

1.8200  GBP

3 1/3p ordinary

CFD

Increasing Short

8,220

1.7901  GBP

3 1/3p ordinary

CFD

Increasing Short

6,514

1.7994  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:

27 Jan 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.
 
END
 
 
RETEAXFXADNSEFA