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.
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KEY
INFORMATION
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(a)
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Full name of discloser:
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Barclays PLC.
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(b)
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Owner or controller of interest and short
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positions disclosed, if different from 1(a):
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(c)
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Name of offeror/offeree in relation to whose
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SPIRENT COMMUNICATIONS PLC
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relevant securities this form relates:
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(d)
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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)
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Date position held/dealing undertaken:
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23
Jan 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
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NO
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disclosures in respect of any other party to the
offer?
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2.
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POSITIONS OF THE PERSON MAKING THE
DISCLOSURE
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(a)
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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:
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3
1/3p ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
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Relevant securities owned
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and/or controlled:
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45,302,726
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7.83%
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902,519
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0.16%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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441,529
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0.08%
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44,904,070
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7.76%
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(3)
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Stock-settled derivatives (including
options)
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and
agreements to purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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45,744,255
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7.91%
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45,806,589
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7.92%
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(b)
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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.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchases and sales
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Class of
relevant
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Purchase/sale
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Number of
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Price per
unit
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security
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securities
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3 1/3p
ordinary
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Purchase
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170,647
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1.7951 GBP
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3 1/3p
ordinary
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Purchase
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142,789
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1.8166 GBP
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3 1/3p
ordinary
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Purchase
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100,424
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1.8200 GBP
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3 1/3p
ordinary
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Purchase
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98,641
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1.8165 GBP
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3 1/3p
ordinary
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Purchase
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67,423
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1.7943 GBP
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3 1/3p
ordinary
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Purchase
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45,461
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1.7898 GBP
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3 1/3p
ordinary
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Purchase
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31,336
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1.7865 GBP
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3 1/3p
ordinary
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Purchase
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26,770
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1.8199 GBP
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3 1/3p
ordinary
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Purchase
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15,404
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1.8130 GBP
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3 1/3p
ordinary
|
Purchase
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11,850
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1.8134 GBP
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3 1/3p
ordinary
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Purchase
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9,823
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1.7873 GBP
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3 1/3p
ordinary
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Purchase
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8,834
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1.8077 GBP
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3 1/3p
ordinary
|
Purchase
|
8,148
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1.7967 GBP
|
3 1/3p
ordinary
|
Purchase
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5,600
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1.8098 GBP
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3 1/3p
ordinary
|
Purchase
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5,319
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1.8110 GBP
|
3 1/3p
ordinary
|
Purchase
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4,895
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1.8120 GBP
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3 1/3p
ordinary
|
Purchase
|
3,861
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1.7870 GBP
|
3 1/3p
ordinary
|
Purchase
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3,385
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1.8071 GBP
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3 1/3p
ordinary
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Purchase
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2,690
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1.8090 GBP
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3 1/3p
ordinary
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Purchase
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1,993
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1.8055 GBP
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3 1/3p
ordinary
|
Purchase
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1,922
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1.7993 GBP
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3 1/3p
ordinary
|
Purchase
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732
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1.8100 GBP
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3 1/3p
ordinary
|
Purchase
|
732
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1.8099 GBP
|
3 1/3p
ordinary
|
Purchase
|
531
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1.8089 GBP
|
3 1/3p
ordinary
|
Purchase
|
456
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1.7820 GBP
|
3 1/3p
ordinary
|
Purchase
|
422
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1.7889 GBP
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3 1/3p
ordinary
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Purchase
|
180
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1.8170 GBP
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3 1/3p
ordinary
|
Sale
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176,525
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1.8200 GBP
|
3 1/3p
ordinary
|
Sale
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59,775
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1.8032 GBP
|
3 1/3p
ordinary
|
Sale
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35,362
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1.7896 GBP
|
3 1/3p
ordinary
|
Sale
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19,067
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1.7980 GBP
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3 1/3p
ordinary
|
Sale
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15,544
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1.7996 GBP
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3 1/3p
ordinary
|
Sale
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14,305
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1.7936 GBP
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3 1/3p
ordinary
|
Sale
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11,322
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1.7949 GBP
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3 1/3p
ordinary
|
Sale
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11,175
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1.8119 GBP
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3 1/3p
ordinary
|
Sale
|
5,411
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1.7892 GBP
|
3 1/3p
ordinary
|
Sale
|
4,922
|
1.7957 GBP
|
3 1/3p
ordinary
|
Sale
|
3,822
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1.7895 GBP
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3 1/3p
ordinary
|
Sale
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3,575
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1.7891 GBP
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3 1/3p
ordinary
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Sale
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2,615
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1.8107 GBP
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3 1/3p
ordinary
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Sale
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2,153
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1.7795 GBP
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3 1/3p
ordinary
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Sale
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1,619
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1.7863 GBP
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3 1/3p
ordinary
|
Sale
|
999
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1.8090 GBP
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3 1/3p
ordinary
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Sale
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732
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1.8100 GBP
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3 1/3p
ordinary
|
Sale
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425
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1.8130 GBP
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3 1/3p
ordinary
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Sale
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103
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1.8124 GBP
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|
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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3 1/3p
ordinary
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SWAP
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Decreasing Short
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1,619
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1.7863 GBP
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3 1/3p
ordinary
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SWAP
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Decreasing Short
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3,575
|
1.7891 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
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1,011
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1.7895 GBP
|
3 1/3p
ordinary
|
SWAP
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Decreasing Short
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82,257
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1.8000 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
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110,229
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1.8017 GBP
|
3 1/3p
ordinary
|
SWAP
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Decreasing Short
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2,615
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1.8107 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
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11,175
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1.8119 GBP
|
3 1/3p
ordinary
|
SWAP
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Decreasing Short
|
103
|
1.8124 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
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425
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1.8130 GBP
|
3 1/3p
ordinary
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SWAP
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Increasing Short
|
456
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1.7820 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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26,177
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1.7850 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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1
|
1.7860 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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3,838
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1.7870 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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9,823
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1.7873 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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45,461
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1.7898 GBP
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3 1/3p
ordinary
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SWAP
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Increasing Short
|
391
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1.7912 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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1,646
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1.7916 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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3
|
1.7940 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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5,159
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1.7942 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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67,423
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1.7943 GBP
|
3 1/3p
ordinary
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SWAP
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Increasing Short
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5,773
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1.7948 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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170,647
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1.7951 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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239
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1.7999 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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4,329
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1.8032 GBP
|
3 1/3p
ordinary
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SWAP
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Increasing Short
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5,600
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1.8098 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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53,700
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1.8106 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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15,404
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1.8130 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
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11,850
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1.8134 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
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87,441
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1.8162 GBP
|
3 1/3p
ordinary
|
SWAP
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Increasing Short
|
458
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1.8191 GBP
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3 1/3p
ordinary
|
SWAP
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Increasing Short
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11,200
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1.8195 GBP
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3 1/3p
ordinary
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SWAP
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Increasing Short
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40,667
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1.8200 GBP
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3 1/3p
ordinary
|
CFD
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Increasing Short
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8,220
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1.7901 GBP
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3 1/3p
ordinary
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CFD
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Increasing Short
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6,514
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1.7994 GBP
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
|
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paid/
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security
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varying etc
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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)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
|
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
|
Details
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Price per unit
(if
|
security
|
|
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applicable)
|
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4.
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OTHER INFORMATION
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(a)
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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)
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Agreements, arrangements or understandings relating to options
or derivatives
|
|
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
|
(c)
|
Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
27 Jan 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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