RNS Number : 8469N
Barclays PLC
09 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:

08 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:

 

 

15,341,432

2.65%

5,897,861

1.02%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

2,206,702

0.38%

14,982,072

2.59%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

17,548,134

3.03%

20,879,933

3.61%

(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

291,556

1.9103  GBP

3 1/3p ordinary

Purchase

263,405

1.9100  GBP

3 1/3p ordinary

Purchase

84,386

1.9149  GBP

3 1/3p ordinary

Purchase

25,181

1.9194  GBP

3 1/3p ordinary

Purchase

17,862

1.9160  GBP

3 1/3p ordinary

Purchase

17,729

1.9135  GBP

3 1/3p ordinary

Purchase

12,571

1.9170  GBP

3 1/3p ordinary

Purchase

10,719

1.9169  GBP

3 1/3p ordinary

Purchase

10,250

1.9161  GBP

3 1/3p ordinary

Purchase

9,337

1.9204  GBP

3 1/3p ordinary

Purchase

9,173

1.9099  GBP

3 1/3p ordinary

Purchase

8,514

1.9163  GBP

3 1/3p ordinary

Purchase

4,786

1.9157  GBP

3 1/3p ordinary

Purchase

4,192

1.9147  GBP

3 1/3p ordinary

Purchase

3,768

1.9183  GBP

3 1/3p ordinary

Purchase

3,760

1.9218  GBP

3 1/3p ordinary

Purchase

3,663

1.9115  GBP

3 1/3p ordinary

Purchase

2,906

1.9165  GBP

3 1/3p ordinary

Purchase

2,901

1.9126  GBP

3 1/3p ordinary

Purchase

2,833

1.9162  GBP

3 1/3p ordinary

Purchase

2,720

1.9150  GBP

3 1/3p ordinary

Purchase

2,498

1.9155  GBP

3 1/3p ordinary

Purchase

951

1.9130  GBP

3 1/3p ordinary

Purchase

542

1.9110  GBP

3 1/3p ordinary

Sale

702,414

1.9190  GBP

3 1/3p ordinary

Sale

286,790

1.9107  GBP

3 1/3p ordinary

Sale

69,681

1.9252  GBP

3 1/3p ordinary

Sale

35,078

1.9143  GBP

3 1/3p ordinary

Sale

26,989

1.9100  GBP

3 1/3p ordinary

Sale

23,946

1.9141  GBP

3 1/3p ordinary

Sale

9,428

1.9164  GBP

3 1/3p ordinary

Sale

9,164

1.9160  GBP

3 1/3p ordinary

Sale

7,624

1.9157  GBP

3 1/3p ordinary

Sale

6,734

1.9153  GBP

3 1/3p ordinary

Sale

6,326

1.9128  GBP

3 1/3p ordinary

Sale

5,188

1.9150  GBP

3 1/3p ordinary

Sale

4,192

1.9149  GBP

3 1/3p ordinary

Sale

3,068

1.9155  GBP

3 1/3p ordinary

Sale

2,901

1.9158  GBP

3 1/3p ordinary

Sale

2,888

1.9172  GBP

3 1/3p ordinary

Sale

2,151

1.9154  GBP

3 1/3p ordinary

Sale

1,898

1.9148  GBP

3 1/3p ordinary

Sale

1,559

1.9130  GBP

3 1/3p ordinary

Sale

1,058

1.9132  GBP

3 1/3p ordinary

Sale

542

1.9110  GBP

3 1/3p ordinary

Sale

311

1.9170  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

Closing Short

79,503

1.9154  GBP

3 1/3p ordinary

SWAP

Decreasing Long

1,618

1.9126  GBP

3 1/3p ordinary

SWAP

Decreasing Long

3,925

1.9153  GBP

3 1/3p ordinary

SWAP

Decreasing Long

8,514

1.9163  GBP

3 1/3p ordinary

SWAP

Decreasing Long

9,963

1.9100  GBP

3 1/3p ordinary

SWAP

Decreasing Short

45

1.9350  GBP

3 1/3p ordinary

SWAP

Decreasing Short

300

1.9206  GBP

3 1/3p ordinary

SWAP

Decreasing Short

311

1.9170  GBP

3 1/3p ordinary

SWAP

Decreasing Short

449

1.9137  GBP

3 1/3p ordinary

SWAP

Decreasing Short

608

1.9130  GBP

3 1/3p ordinary

SWAP

Decreasing Short

732

1.9129  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000

1.9148  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,000

1.9103  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,076

1.9127  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,464

1.9126  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,684

1.9148  GBP

3 1/3p ordinary

SWAP

Decreasing Short

2,320

1.9173  GBP

3 1/3p ordinary

CFD

Decreasing Short

3,333

1.9147  GBP

3 1/3p ordinary

SWAP

Decreasing Short

4,350

1.9110  GBP

3 1/3p ordinary

SWAP

Decreasing Short

8,102

1.9177  GBP

3 1/3p ordinary

CFD

Decreasing Short

12,454

1.9183  GBP

3 1/3p ordinary

SWAP

Decreasing Short

23,946

1.9141  GBP

3 1/3p ordinary

SWAP

Decreasing Short

69,681

1.9252  GBP

3 1/3p ordinary

SWAP

Decreasing Short

700,000

1.9190  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,283

1.9126  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,747

1.9157  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,833

1.9162  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,660

1.9115  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,760

1.9218  GBP

3 1/3p ordinary

CFD

Increasing Short

46,351

1.9192  GBP

3 1/3p ordinary

CFD

Increasing Short

75,225

1.9150  GBP

3 1/3p ordinary

SWAP

Increasing Short

104,092

1.9107  GBP

3 1/3p ordinary

SWAP

Increasing Short

208,239

1.9113  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:

09 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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