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Barclays PLC, as a discloser, submitted an amended Form 8.3 on 06 October 2025 concerning its positions and dealings in SPIRENT COMMUNICATIONS PLC. As of 02 October 2025, Barclays PLC held total interests of 29,848,206 ordinary shares (5.06%) and total short positions of 30,085,277 ordinary shares (5.09%) in Spirent Communications PLC. On the same date, Barclays PLC executed multiple purchases and sales of Spirent 3 1/3p ordinary shares, as well as several cash-settled derivative (SWAP) transactions.
| Date | 6 Oct 2025 |
| Time | 16:32:24 |
| Category | Holding(s) in company |
| ID | 2564C |
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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. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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(c) |
Name of offeror/offeree in relation to whose |
SPIRENT COMMUNICATIONS PLC |
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(d) |
If an exempt fund manager connected with an |
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(e) |
Date position held/dealing undertaken: |
02 Oct 2025 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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Class of relevant security: |
3 1/3p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
22,407,126 |
3.80% |
7,653,476 |
1.29% |
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(2) Cash-settled derivatives: |
7,441,080 |
1.26% |
22,431,801 |
3.80% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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29,848,206 |
5.06% |
30,085,277 |
5.09% |
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(b) |
Rights to subscribe for new securities (including directors and |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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3 1/3p ordinary |
Purchase |
184,418 |
1.9840 GBP |
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3 1/3p ordinary |
Purchase |
14,000 |
1.9838 GBP |
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3 1/3p ordinary |
Purchase |
6,684 |
1.9833 GBP |
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3 1/3p ordinary |
Purchase |
3,636 |
1.9820 GBP |
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3 1/3p ordinary |
Purchase |
2,900 |
1.9841 GBP |
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3 1/3p ordinary |
Purchase |
773,600 |
1.9825 GBP |
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3 1/3p ordinary |
Sale |
1,672,091 |
1.9820 GBP |
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3 1/3p ordinary |
Sale |
2,300,000 |
1.9820 GBP |
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3 1/3p ordinary |
Sale |
237,476 |
1.9840 GBP |
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3 1/3p ordinary |
Sale |
6,315 |
1.9833 GBP |
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3 1/3p ordinary |
Sale |
3,308 |
1.9839 GBP |
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3 1/3p ordinary |
Sale |
1,050 |
1.9830 GBP |
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3 1/3p ordinary |
Sale |
433 |
1.9822 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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3 1/3p ordinary |
SWAP |
Increasing Short |
773,600 |
1.9824 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
11,088 |
1.9839 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
3,965,373 |
1.9820 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
433 |
1.9822 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
3,308 |
1.9839 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Short |
127,073 |
1.9840 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
649 |
1.9820 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
14,000 |
1.9838 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
70,662 |
1.9840 GBP |
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3 1/3p ordinary |
SWAP |
Increasing Short |
2,900 |
1.9841 GBP |
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3 1/3p ordinary |
SWAP |
Opening Long |
269,592 |
1.9822 GBP |
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3 1/3p ordinary |
SWAP |
Decreasing Long |
269,592 |
1.9822 GBP |
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(c) |
Stock-settled derivative transactions |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercise |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
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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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
06-Oct-25 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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