Form 8.3 SPIRENT COMMUNICATIONS PLC
Source: RNS
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: |
17 Apr 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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39,823,467 |
6.85% |
2,501,932 |
0.43% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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1,591,774 |
0.27% |
39,531,126 |
6.80% |
(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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41,415,241 |
7.13% |
42,033,058 |
7.23% |
(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 |
70,441 |
1.7420 GBP |
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3 1/3p ordinary |
Purchase |
51,095 |
1.7445 GBP |
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3 1/3p ordinary |
Purchase |
46,891 |
1.7403 GBP |
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3 1/3p ordinary |
Purchase |
24,309 |
1.7417 GBP |
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3 1/3p ordinary |
Purchase |
23,254 |
1.7423 GBP |
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3 1/3p ordinary |
Purchase |
15,378 |
1.7374 GBP |
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3 1/3p ordinary |
Purchase |
13,907 |
1.7369 GBP |
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3 1/3p ordinary |
Purchase |
10,045 |
1.7454 GBP |
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3 1/3p ordinary |
Purchase |
6,815 |
1.7407 GBP |
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3 1/3p ordinary |
Purchase |
4,382 |
1.7345 GBP |
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3 1/3p ordinary |
Purchase |
4,207 |
1.7396 GBP |
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3 1/3p ordinary |
Purchase |
3,047 |
1.7355 GBP |
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3 1/3p ordinary |
Purchase |
2,996 |
1.7312 GBP |
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3 1/3p ordinary |
Purchase |
2,500 |
1.7500 GBP |
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3 1/3p ordinary |
Purchase |
2,335 |
1.7300 GBP |
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3 1/3p ordinary |
Purchase |
2,005 |
1.7540 GBP |
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3 1/3p ordinary |
Purchase |
1,553 |
1.7410 GBP |
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3 1/3p ordinary |
Purchase |
1,409 |
1.7412 GBP |
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3 1/3p ordinary |
Purchase |
1,333 |
1.7480 GBP |
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3 1/3p ordinary |
Purchase |
29 |
1.7460 GBP |
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3 1/3p ordinary |
Sale |
64,877 |
1.7412 GBP |
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3 1/3p ordinary |
Sale |
11,379 |
1.7476 GBP |
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3 1/3p ordinary |
Sale |
1,367 |
1.7339 GBP |
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3 1/3p ordinary |
Sale |
194 |
1.7504 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 |
1,367 |
1.7339 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
4,560 |
1.7320 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
13,907 |
1.7369 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
15,378 |
1.7374 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
7,586 |
1.7388 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
11,264 |
1.7398 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
1,553 |
1.7410 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
48,152 |
1.7412 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
11,372 |
1.7418 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
8,737 |
1.7420 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
23,254 |
1.7423 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
51,095 |
1.7445 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,500 |
1.7500 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
4,629 |
1.7401 GBP |
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3 1/3p ordinary |
CFD |
Increasing Short |
7,494 |
1.7416 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: |
22 Apr 2025 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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