RNS Number : 2230O
Barclays PLC
13 May 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:

10 May 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:

 

 

15,705,117

2.71%

5,895,737

1.02%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,205,306

0.38%

15,363,392

2.66%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

17,910,423

3.10%

21,259,129

3.67%

(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

234,983

1.9079  GBP

3 1/3p ordinary

Purchase

197,459

1.9050  GBP

3 1/3p ordinary

Purchase

138,800

1.9060  GBP

3 1/3p ordinary

Purchase

76,056

1.9085  GBP

3 1/3p ordinary

Purchase

57,183

1.9057  GBP

3 1/3p ordinary

Purchase

55,911

1.9061  GBP

3 1/3p ordinary

Purchase

44,420

1.9099  GBP

3 1/3p ordinary

Purchase

43,230

1.9071  GBP

3 1/3p ordinary

Purchase

12,760

1.9011  GBP

3 1/3p ordinary

Purchase

11,564

1.9151  GBP

3 1/3p ordinary

Purchase

6,821

1.9135  GBP

3 1/3p ordinary

Purchase

5,889

1.9105  GBP

3 1/3p ordinary

Purchase

5,411

1.9158  GBP

3 1/3p ordinary

Purchase

5,247

1.9100  GBP

3 1/3p ordinary

Purchase

4,500

1.9120  GBP

3 1/3p ordinary

Purchase

3,924

1.9199  GBP

3 1/3p ordinary

Purchase

3,354

1.9139  GBP

3 1/3p ordinary

Purchase

2,288

1.9118  GBP

3 1/3p ordinary

Purchase

1,620

1.9040  GBP

3 1/3p ordinary

Purchase

1,019

1.8945  GBP

3 1/3p ordinary

Purchase

18

1.9350  GBP

3 1/3p ordinary

Purchase

1

1.9089  GBP

3 1/3p ordinary

Sale

500,000

1.9090  GBP

3 1/3p ordinary

Sale

130,034

1.9100  GBP

3 1/3p ordinary

Sale

15,989

1.9079  GBP

3 1/3p ordinary

Sale

13,556

1.9099  GBP

3 1/3p ordinary

Sale

8,285

1.9041  GBP

3 1/3p ordinary

Sale

7,379

1.9094  GBP

3 1/3p ordinary

Sale

4,500

1.9120  GBP

3 1/3p ordinary

Sale

3,941

1.9010  GBP

3 1/3p ordinary

Sale

3,284

1.9022  GBP

3 1/3p ordinary

Sale

2,596

1.9048  GBP

3 1/3p ordinary

Sale

1,823

1.9054  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

320

1.9116  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,039

1.9120  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,173

1.9119  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,400

1.9056  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,823

1.9054  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,981

1.9081  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,596

1.9048  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,730

1.9073  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,284

1.9022  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,941

1.9010  GBP

3 1/3p ordinary

SWAP

Decreasing Short

6,682

1.9072  GBP

3 1/3p ordinary

SWAP

Decreasing Short

7,379

1.9094  GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,285

1.9041  GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,556

1.9099  GBP

3 1/3p ordinary

SWAP

Decreasing Short

500,000

1.9090  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,354

1.9139  GBP

3 1/3p ordinary

CFD

Increasing Short

4,578

1.9086  GBP

3 1/3p ordinary

SWAP

Increasing Short

7,342

1.9100  GBP

3 1/3p ordinary

SWAP

Increasing Short

7,894

1.9068  GBP

3 1/3p ordinary

SWAP

Increasing Short

12,024

1.9099  GBP

3 1/3p ordinary

SWAP

Increasing Short

57,183

1.9057  GBP

3 1/3p ordinary

CFD

Increasing Short

103,992

1.9060  GBP

3 1/3p ordinary

SWAP

Increasing Short

105,248

1.9103  GBP

3 1/3p ordinary

SWAP

Increasing Short

138,800

1.9060  GBP

3 1/3p ordinary

CFD

Increasing Short

144,934

1.9081  GBP

3 1/3p ordinary

SWAP

Increasing Short

197,459

1.9050  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:

13 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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