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")
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1.
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KEY
INFORMATION
|
(a)
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Full name of discloser:
|
|
Barclays PLC.
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(b)
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Owner or controller of interest and short
|
|
|
positions disclosed, if different from 1(a):
|
(c)
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Name of offeror/offeree in relation to whose
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SPIRENT COMMUNICATIONS PLC
|
|
relevant securities this form relates:
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(d)
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If
an exempt fund manager connected with an
|
|
|
offeror/offeree, state this and specify identity
of
|
|
offeror/offeree:
|
(e)
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Date position held/dealing undertaken:
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31
Jan 2025
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(f)
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In
addition to the company in 1(c) above, is the discloser
making
|
NO
|
|
|
|
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
|
|
|
to
which the disclosure relates following the dealing(if
any)
|
|
Class of relevant security:
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3
1/3p ordinary
|
|
Interests
|
Short
Positions
|
|
Number
|
(%)
|
Number
|
(%)
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(1)
|
Relevant securities owned
|
|
|
|
|
|
and/or controlled:
|
|
|
44,582,340
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7.70%
|
808,685
|
0.14%
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
and/or controlled:
|
|
|
468,718
|
0.08%
|
44,156,955
|
7.63%
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
45,051,058
|
7.79%
|
44,965,640
|
7.77%
|
(b)
|
Rights to subscribe for new securities (including directors
and other executive
|
|
|
options)
|
|
|
|
|
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Class of relevant security in relation to
|
|
|
|
|
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
|
(a)
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Purchases and sales
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Number of
|
Price per
unit
|
security
|
|
securities
|
|
3 1/3p
ordinary
|
Purchase
|
308,772
|
1.8480 GBP
|
3 1/3p
ordinary
|
Purchase
|
300,424
|
1.8500 GBP
|
3 1/3p
ordinary
|
Purchase
|
243,918
|
1.8204 GBP
|
3 1/3p
ordinary
|
Purchase
|
153,081
|
1.8474 GBP
|
3 1/3p
ordinary
|
Purchase
|
98,900
|
1.8465 GBP
|
3 1/3p
ordinary
|
Purchase
|
91,055
|
1.8399 GBP
|
3 1/3p
ordinary
|
Purchase
|
80,434
|
1.8354 GBP
|
3 1/3p
ordinary
|
Purchase
|
45,089
|
1.8413 GBP
|
3 1/3p
ordinary
|
Purchase
|
42,395
|
1.8471 GBP
|
3 1/3p
ordinary
|
Purchase
|
40,871
|
1.8396 GBP
|
3 1/3p
ordinary
|
Purchase
|
37,555
|
1.8334 GBP
|
3 1/3p
ordinary
|
Purchase
|
16,450
|
1.8398 GBP
|
3 1/3p
ordinary
|
Purchase
|
16,350
|
1.8391 GBP
|
3 1/3p
ordinary
|
Purchase
|
9,239
|
1.8425 GBP
|
3 1/3p
ordinary
|
Purchase
|
9,084
|
1.8487 GBP
|
3 1/3p
ordinary
|
Purchase
|
8,983
|
1.8410 GBP
|
3 1/3p
ordinary
|
Purchase
|
7,582
|
1.8420 GBP
|
3 1/3p
ordinary
|
Purchase
|
7,261
|
1.8418 GBP
|
3 1/3p
ordinary
|
Purchase
|
6,397
|
1.8447 GBP
|
3 1/3p
ordinary
|
Purchase
|
5,247
|
1.8441 GBP
|
3 1/3p
ordinary
|
Purchase
|
5,081
|
1.8434 GBP
|
3 1/3p
ordinary
|
Purchase
|
5,026
|
1.8430 GBP
|
3 1/3p
ordinary
|
Purchase
|
3,926
|
1.8432 GBP
|
3 1/3p
ordinary
|
Purchase
|
3,407
|
1.8545 GBP
|
3 1/3p
ordinary
|
Purchase
|
2,660
|
1.8389 GBP
|
3 1/3p
ordinary
|
Purchase
|
2,651
|
1.8380 GBP
|
3 1/3p
ordinary
|
Purchase
|
2,406
|
1.8451 GBP
|
3 1/3p
ordinary
|
Purchase
|
1,825
|
1.8483 GBP
|
3 1/3p
ordinary
|
Purchase
|
1,296
|
1.8540 GBP
|
3 1/3p
ordinary
|
Purchase
|
1,263
|
1.8411 GBP
|
3 1/3p
ordinary
|
Purchase
|
1,164
|
1.8330 GBP
|
3 1/3p
ordinary
|
Purchase
|
945
|
1.8386 GBP
|
3 1/3p
ordinary
|
Purchase
|
884
|
1.8390 GBP
|
3 1/3p
ordinary
|
Purchase
|
760
|
1.8515 GBP
|
3 1/3p
ordinary
|
Purchase
|
723
|
1.8620 GBP
|
3 1/3p
ordinary
|
Purchase
|
648
|
1.8520 GBP
|
3 1/3p
ordinary
|
Purchase
|
554
|
1.8470 GBP
|
3 1/3p
ordinary
|
Purchase
|
522
|
1.8570 GBP
|
3 1/3p
ordinary
|
Purchase
|
511
|
1.8472 GBP
|
3 1/3p
ordinary
|
Purchase
|
501
|
1.8490 GBP
|
3 1/3p
ordinary
|
Purchase
|
482
|
1.8320 GBP
|
3 1/3p
ordinary
|
Purchase
|
465
|
1.8460 GBP
|
3 1/3p
ordinary
|
Purchase
|
408
|
1.8440 GBP
|
3 1/3p
ordinary
|
Purchase
|
69
|
1.8373 GBP
|
3 1/3p
ordinary
|
Purchase
|
57
|
1.8360 GBP
|
3 1/3p
ordinary
|
Purchase
|
57
|
1.8406 GBP
|
3 1/3p
ordinary
|
Purchase
|
54
|
1.8394 GBP
|
3 1/3p
ordinary
|
Purchase
|
22
|
1.8415 GBP
|
3 1/3p
ordinary
|
Sale
|
465,428
|
1.8489 GBP
|
3 1/3p
ordinary
|
Sale
|
147,277
|
1.8480 GBP
|
3 1/3p
ordinary
|
Sale
|
76,539
|
1.8463 GBP
|
3 1/3p
ordinary
|
Sale
|
32,344
|
1.8416 GBP
|
3 1/3p
ordinary
|
Sale
|
10,710
|
1.8387 GBP
|
3 1/3p
ordinary
|
Sale
|
6,921
|
1.8397 GBP
|
3 1/3p
ordinary
|
Sale
|
5,937
|
1.8438 GBP
|
3 1/3p
ordinary
|
Sale
|
5,712
|
1.8375 GBP
|
3 1/3p
ordinary
|
Sale
|
3,611
|
1.8380 GBP
|
3 1/3p
ordinary
|
Sale
|
3,369
|
1.8479 GBP
|
3 1/3p
ordinary
|
Sale
|
3,059
|
1.8388 GBP
|
3 1/3p
ordinary
|
Sale
|
2,634
|
1.8389 GBP
|
3 1/3p
ordinary
|
Sale
|
2,192
|
1.8431 GBP
|
3 1/3p
ordinary
|
Sale
|
1,296
|
1.8540 GBP
|
3 1/3p
ordinary
|
Sale
|
1,164
|
1.8330 GBP
|
3 1/3p
ordinary
|
Sale
|
920
|
1.8393 GBP
|
3 1/3p
ordinary
|
Sale
|
884
|
1.8390 GBP
|
3 1/3p
ordinary
|
Sale
|
723
|
1.8620 GBP
|
3 1/3p
ordinary
|
Sale
|
648
|
1.8520 GBP
|
3 1/3p
ordinary
|
Sale
|
501
|
1.8490 GBP
|
3 1/3p
ordinary
|
Sale
|
465
|
1.8460 GBP
|
3 1/3p
ordinary
|
Sale
|
424
|
1.8500 GBP
|
3 1/3p
ordinary
|
Sale
|
408
|
1.8440 GBP
|
3 1/3p
ordinary
|
Sale
|
57
|
1.8360 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
|
2,634
|
1.8389 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
4,000
|
1.8391 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
920
|
1.8393 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
23,007
|
1.8424 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
78,298
|
1.8432 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
3,369
|
1.8479 GBP
|
3 1/3p
ordinary
|
SWAP
|
Decreasing Short
|
836
|
1.8480 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
3,824
|
1.8155 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
240,094
|
1.8205 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
37,555
|
1.8334 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
287
|
1.8351 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
80,434
|
1.8354 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
10,568
|
1.8386 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
715
|
1.8388 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
16,350
|
1.8391 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
1,210
|
1.8395 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
40,871
|
1.8396 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
91,055
|
1.8399 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
12,507
|
1.8406 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
5,026
|
1.8430 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
5,081
|
1.8434 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
66,062
|
1.8468 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
41,009
|
1.8471 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
87,019
|
1.8478 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
14,584
|
1.8479 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
91,616
|
1.8480 GBP
|
3 1/3p
ordinary
|
SWAP
|
Increasing Short
|
3
|
1.8560 GBP
|
3 1/3p
ordinary
|
CFD
|
Increasing Short
|
14,658
|
1.8349 GBP
|
3 1/3p
ordinary
|
CFD
|
Increasing Short
|
6,218
|
1.8378 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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(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:
|
03 Feb 2025
|
Contact name:
|
Large Holdings Regulatory
Operations
|
Telephone number:
|
020 3134
7213
|
|
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