RNS Number : 8477K
Barclays PLC
16 April 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:

15 Apr 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:

 

 

14,608,377

2.52%

366,720

0.06%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

288,207

0.05%

14,371,612

2.48%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

14,896,584

2.57%

14,738,332

2.55%

(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

159,253

1.9611  GBP

3 1/3p ordinary

Purchase

159,252

1.9583  GBP

3 1/3p ordinary

Purchase

115,573

1.9540  GBP

3 1/3p ordinary

Purchase

35,198

1.9589  GBP

3 1/3p ordinary

Purchase

28,993

1.9625  GBP

3 1/3p ordinary

Purchase

27,346

1.9618  GBP

3 1/3p ordinary

Purchase

23,508

1.9613  GBP

3 1/3p ordinary

Purchase

21,983

1.9616  GBP

3 1/3p ordinary

Purchase

19,368

1.9605  GBP

3 1/3p ordinary

Purchase

17,412

1.9600  GBP

3 1/3p ordinary

Purchase

10,040

1.9614  GBP

3 1/3p ordinary

Purchase

8,532

1.9643  GBP

3 1/3p ordinary

Purchase

5,335

1.9609  GBP

3 1/3p ordinary

Purchase

2,653

1.9594  GBP

3 1/3p ordinary

Purchase

2,462

1.9630  GBP

3 1/3p ordinary

Purchase

337

1.9534  GBP

3 1/3p ordinary

Sale

388,354

1.9605  GBP

3 1/3p ordinary

Sale

58,421

1.9572  GBP

3 1/3p ordinary

Sale

29,391

1.9540  GBP

3 1/3p ordinary

Sale

23,857

1.9561  GBP

3 1/3p ordinary

Sale

22,341

1.9613  GBP

3 1/3p ordinary

Sale

14,051

1.9600  GBP

3 1/3p ordinary

Sale

6,687

1.9555  GBP

3 1/3p ordinary

Sale

5,925

1.9622  GBP

3 1/3p ordinary

Sale

1,485

1.9603  GBP

3 1/3p ordinary

Sale

1,404

1.9620  GBP

3 1/3p ordinary

Sale

1,149

1.9610  GBP

3 1/3p ordinary

Sale

666

1.9608  GBP

3 1/3p ordinary

Sale

256

1.9599  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

17

1.9670  GBP

3 1/3p ordinary

CFD

Decreasing Short

174

1.9540  GBP

3 1/3p ordinary

SWAP

Decreasing Short

256

1.9599  GBP

3 1/3p ordinary

SWAP

Decreasing Short

666

1.9608  GBP

3 1/3p ordinary

SWAP

Decreasing Short

1,485

1.9603  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,175

1.9618  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,520

1.9610  GBP

3 1/3p ordinary

SWAP

Decreasing Short

3,805

1.9617  GBP

3 1/3p ordinary

SWAP

Decreasing Short

6,687

1.9555  GBP

3 1/3p ordinary

SWAP

Decreasing Short

7,183

1.9620  GBP

3 1/3p ordinary

CFD

Decreasing Short

7,411

1.9597  GBP

3 1/3p ordinary

SWAP

Decreasing Short

7,853

1.9612  GBP

3 1/3p ordinary

SWAP

Decreasing Short

9,730

1.9615  GBP

3 1/3p ordinary

SWAP

Decreasing Short

13,651

1.9600  GBP

3 1/3p ordinary

SWAP

Decreasing Short

22,341

1.9613  GBP

3 1/3p ordinary

SWAP

Decreasing Short

388,354

1.9605  GBP

3 1/3p ordinary

CFD

Increasing Short

173

1.9539  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,462

1.9630  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,653

1.9594  GBP

3 1/3p ordinary

CFD

Increasing Short

3,017

1.9540  GBP

3 1/3p ordinary

SWAP

Increasing Short

5,335

1.9609  GBP

3 1/3p ordinary

SWAP

Increasing Short

17,413

1.9638  GBP

3 1/3p ordinary

SWAP

Increasing Short

27,346

1.9618  GBP

3 1/3p ordinary

SWAP

Increasing Short

30,491

1.9540  GBP

3 1/3p ordinary

SWAP

Increasing Short

30,948

1.9606  GBP

3 1/3p ordinary

SWAP

Increasing Short

105,517

1.9614  GBP

3 1/3p ordinary

SWAP

Increasing Short

159,252

1.9583  GBP

3 1/3p ordinary

SWAP

Increasing Short

159,253

1.9611  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 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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