RNS Number : 2803Q
Barclays PLC
16 December 2024
 

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:

13 Dec 2024

(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:

 

 

44,203,843

7.64%

1,480,805

0.26%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

1,150,839

0.20%

43,363,572

7.49%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

45,354,682

7.84%

44,844,377

7.75%

(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

200,000

1.7888  GBP

3 1/3p ordinary

Purchase

156,074

1.7894  GBP

3 1/3p ordinary

Purchase

39,128

1.7900  GBP

3 1/3p ordinary

Purchase

8,147

1.7785  GBP

3 1/3p ordinary

Purchase

5,376

1.8002  GBP

3 1/3p ordinary

Purchase

4,632

1.7830  GBP

3 1/3p ordinary

Purchase

4,583

1.7775  GBP

3 1/3p ordinary

Purchase

3,300

1.7998  GBP

3 1/3p ordinary

Purchase

2,993

1.7822  GBP

3 1/3p ordinary

Purchase

2,821

1.7688  GBP

3 1/3p ordinary

Purchase

1,519

1.8030  GBP

3 1/3p ordinary

Purchase

508

1.7910  GBP

3 1/3p ordinary

Purchase

507

1.7842  GBP

3 1/3p ordinary

Purchase

359

1.7760  GBP

3 1/3p ordinary

Purchase

99

1.7920  GBP

3 1/3p ordinary

Sale

176,707

1.7899  GBP

3 1/3p ordinary

Sale

66,297

1.7760  GBP

3 1/3p ordinary

Sale

26,320

1.7869  GBP

3 1/3p ordinary

Sale

17,079

1.7849  GBP

3 1/3p ordinary

Sale

14,351

1.7880  GBP

3 1/3p ordinary

Sale

11,132

1.7895  GBP

3 1/3p ordinary

Sale

10,355

1.7864  GBP

3 1/3p ordinary

Sale

8,257

1.7932  GBP

3 1/3p ordinary

Sale

5,949

1.7833  GBP

3 1/3p ordinary

Sale

4,898

1.7900  GBP

3 1/3p ordinary

Sale

2,858

1.7807  GBP

3 1/3p ordinary

Sale

2,106

1.7818  GBP

3 1/3p ordinary

Sale

1,877

1.7911  GBP

3 1/3p ordinary

Sale

1,645

1.7860  GBP

3 1/3p ordinary

Sale

1,519

1.8030  GBP

3 1/3p ordinary

Sale

1,488

1.7856  GBP

3 1/3p ordinary

Sale

776

1.7885  GBP

3 1/3p ordinary

Sale

643

1.7884  GBP

3 1/3p ordinary

Sale

558

1.7805  GBP

3 1/3p ordinary

Sale

512

1.7868  GBP

3 1/3p ordinary

Sale

431

1.7930  GBP

3 1/3p ordinary

Sale

377

1.7850  GBP

3 1/3p ordinary

Sale

350

1.7898  GBP

3 1/3p ordinary

Sale

315

1.7785  GBP

3 1/3p ordinary

Sale

99

1.7921  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

3,289

1.7820  GBP

3 1/3p ordinary

SWAP

Decreasing Short

64,159

1.7760  GBP

3 1/3p ordinary

SWAP

Decreasing Short

315

1.7785  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,305

1.7842  GBP

3 1/3p ordinary

SWAP

Decreasing Short

17,079

1.7849  GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,355

1.7864  GBP

3 1/3p ordinary

SWAP

Decreasing Short

26,320

1.7869  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,562

1.7880  GBP

3 1/3p ordinary

SWAP

Decreasing Short

334

1.7893  GBP

3 1/3p ordinary

SWAP

Decreasing Short

57,400

1.7899  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,821

1.7688  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,773

1.7760  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,993

1.7822  GBP

3 1/3p ordinary

SWAP

Increasing Short

256

1.7826  GBP

3 1/3p ordinary

SWAP

Increasing Short

4,632

1.7830  GBP

3 1/3p ordinary

SWAP

Increasing Short

507

1.7841  GBP

3 1/3p ordinary

SWAP

Increasing Short

200,000

1.7888  GBP

3 1/3p ordinary

SWAP

Increasing Short

39,128

1.7900  GBP

3 1/3p ordinary

SWAP

Increasing Short

439

1.7910  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,300

1.7998  GBP

3 1/3p ordinary

SWAP

Increasing Short

2

1.8010  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,519

1.8030  GBP

3 1/3p ordinary

SWAP

Increasing Short

143

1.8041  GBP

3 1/3p ordinary

CFD

Decreasing Short

537

1.7858  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:

16 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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