RNS Number : 3067A
Barclays PLC
13 August 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

 relevant securities this form relates:

SPIRENT COMMUNICATIONS PLC

(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:

12 Aug 2024

(f)

In addition to the company in 1(c) above, is the discloser making

 disclosures in respect of any other party to the offer?

NO

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:

24,174,926

4.18%

1,089,608

0.19%

(2) Cash-settled derivatives:

521,517

0.09%

23,172,261

4.00%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

24,696,443

4.27%

24,261,869

4.19%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant

 security

Purchase/sale

Number of

 securities

Price per unit

3 1/3p ordinary

Purchase

109,984

1.7483  GBP

3 1/3p ordinary

Purchase

67,457

1.7424  GBP

3 1/3p ordinary

Purchase

31,537

1.7379  GBP

3 1/3p ordinary

Purchase

29,444

1.7501  GBP

3 1/3p ordinary

Purchase

15,771

1.7457  GBP

3 1/3p ordinary

Purchase

13,050

1.7524  GBP

3 1/3p ordinary

Purchase

11,910

1.7482  GBP

3 1/3p ordinary

Purchase

11,150

1.7442  GBP

3 1/3p ordinary

Purchase

9,824

1.7474  GBP

3 1/3p ordinary

Purchase

3,819

1.7477  GBP

3 1/3p ordinary

Purchase

2,344

1.7529  GBP

3 1/3p ordinary

Purchase

1,654

1.7550  GBP

3 1/3p ordinary

Purchase

1,538

1.7510  GBP

3 1/3p ordinary

Purchase

908

1.7480  GBP

3 1/3p ordinary

Purchase

793

1.7548  GBP

3 1/3p ordinary

Purchase

697

1.7380  GBP

3 1/3p ordinary

Purchase

434

1.7450  GBP

3 1/3p ordinary

Purchase

394

1.7420  GBP

3 1/3p ordinary

Purchase

264

1.7610  GBP

3 1/3p ordinary

Purchase

263

1.7490  GBP

3 1/3p ordinary

Sale

170,063

1.7380  GBP

3 1/3p ordinary

Sale

109,984

1.7483  GBP

3 1/3p ordinary

Sale

72,078

1.7424  GBP

3 1/3p ordinary

Sale

41,219

1.7381  GBP

3 1/3p ordinary

Sale

32,452

1.7382  GBP

3 1/3p ordinary

Sale

29,573

1.7378  GBP

3 1/3p ordinary

Sale

19,062

1.7500  GBP

3 1/3p ordinary

Sale

12,266

1.7476  GBP

3 1/3p ordinary

Sale

11,646

1.7456  GBP

3 1/3p ordinary

Sale

10,225

1.7428  GBP

3 1/3p ordinary

Sale

6,135

1.7515  GBP

3 1/3p ordinary

Sale

4,410

1.7506  GBP

3 1/3p ordinary

Sale

4,221

1.7501  GBP

3 1/3p ordinary

Sale

3,557

1.7390  GBP

3 1/3p ordinary

Sale

3,422

1.7524  GBP

3 1/3p ordinary

Sale

1,883

1.7502  GBP

3 1/3p ordinary

Sale

1,808

1.7540  GBP

3 1/3p ordinary

Sale

1,556

1.7375  GBP

3 1/3p ordinary

Sale

1,379

1.7400  GBP

3 1/3p ordinary

Sale

1,323

1.7531  GBP

3 1/3p ordinary

Sale

1,314

1.7505  GBP

3 1/3p ordinary

Sale

703

1.7559  GBP

3 1/3p ordinary

Sale

264

1.7611  GBP

(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

3 1/3p ordinary

SWAP

Opening Short

11,150

1.7445  GBP

3 1/3p ordinary

SWAP

Decreasing Short

27,279

1.7515  GBP

3 1/3p ordinary

SWAP

Increasing Short

2,597

1.7528  GBP

3 1/3p ordinary

CFD

Decreasing Short

2

1.7400  GBP

3 1/3p ordinary

CFD

Increasing Short

2

1.7400  GBP

3 1/3p ordinary

CFD

Increasing Short

5,176

1.7568  GBP

3 1/3p ordinary

SWAP

Increasing Short

13,945

1.7523  GBP

3 1/3p ordinary

SWAP

Decreasing Short

170,061

1.7380  GBP

3 1/3p ordinary

SWAP

Opening Long

50,024

1.7386  GBP

3 1/3p ordinary

SWAP

Increasing Long

7,685

1.7513  GBP

3 1/3p ordinary

SWAP

Closing Long

9,317

1.7443  GBP

3 1/3p ordinary

SWAP

Decreasing Short

155

1.7380  GBP

3 1/3p ordinary

SWAP

Decreasing Short

10,225

1.7428  GBP

3 1/3p ordinary

SWAP

Increasing Short

11,910

1.7482  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,965

1.7495  GBP

3 1/3p ordinary

SWAP

Decreasing Short

703

1.7559  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,406

1.7550  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,129

1.7504  GBP

3 1/3p ordinary

SWAP

Increasing Short

1,995

1.7507  GBP

3 1/3p ordinary

SWAP

Decreasing Short

755

1.7380  GBP

3 1/3p ordinary

SWAP

Increasing Short

3,136

1.7472  GBP

3 1/3p ordinary

SWAP

Increasing Short

9,824

1.7474  GBP









(c)

Stock-settled derivative transactions

 (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

















(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit














(d)

Other dealings (including subscribing for

 new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 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 person 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:

13 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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