Form 8.3 - SPIRENT COMMUNICATIONS PLC

LONDON--(BUSINESS WIRE)-- 

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:	Qube Research & Technologies Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	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: For an opening position disclosure, state the latest practicable date prior to the disclosure	22-05-2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	0	0	0	0
(2) Cash-settled derivatives:	7,150,699	1.24	0	0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0	0	0
TOTAL:	7,150,699	1.24	0	0

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	0
Details, including nature of the rights concerned and relevant percentages:	0

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. call option	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of securities	Exercise price per unit
3 1/3p ordinary	Equity swap	increasing a long position	10	186.30
3 1/3p ordinary	Equity swap	increasing a long position	59	186.30
3 1/3p ordinary	Equity swap	increasing a long position	96	186.10
3 1/3p ordinary	Equity swap	increasing a long position	100	186.30
3 1/3p ordinary	Equity swap	increasing a long position	100	186.10
3 1/3p ordinary	Equity swap	increasing a long position	100	186.10
3 1/3p ordinary	Equity swap	increasing a long position	116	186.10
3 1/3p ordinary	Equity swap	increasing a long position	149	186.20
3 1/3p ordinary	Equity swap	increasing a long position	149	186.20
3 1/3p ordinary	Equity swap	increasing a long position	149	186.20
3 1/3p ordinary	Equity swap	increasing a long position	149	186.20
3 1/3p ordinary	Equity swap	increasing a long position	165	186.10
3 1/3p ordinary	Equity swap	increasing a long position	177	186.10
3 1/3p ordinary	Equity swap	increasing a long position	199	186.40
3 1/3p ordinary	Equity swap	increasing a long position	202	186.40
3 1/3p ordinary	Equity swap	increasing a long position	205	186.10
3 1/3p ordinary	Equity swap	increasing a long position	210	186.30
3 1/3p ordinary	Equity swap	increasing a long position	210	186.30
3 1/3p ordinary	Equity swap	increasing a long position	212	186.10
3 1/3p ordinary	Equity swap	increasing a long position	238	186.10
3 1/3p ordinary	Equity swap	increasing a long position	239	186.40
3 1/3p ordinary	Equity swap	increasing a long position	242	186.40
3 1/3p ordinary	Equity swap	increasing a long position	244	186.50
3 1/3p ordinary	Equity swap	increasing a long position	249	186.10
3 1/3p ordinary	Equity swap	increasing a long position	252	186.30
3 1/3p ordinary	Equity swap	increasing a long position	257	186.30
3 1/3p ordinary	Equity swap	increasing a long position	263	186.10
3 1/3p ordinary	Equity swap	increasing a long position	263	186.10
3 1/3p ordinary	Equity swap	increasing a long position	267	186.10
3 1/3p ordinary	Equity swap	increasing a long position	298	186.40
3 1/3p ordinary	Equity swap	increasing a long position	303	186.20
3 1/3p ordinary	Equity swap	increasing a long position	311	186.30
3 1/3p ordinary	Equity swap	increasing a long position	314	186.10
3 1/3p ordinary	Equity swap	increasing a long position	314	186.10
3 1/3p ordinary	Equity swap	increasing a long position	318	186.30
3 1/3p ordinary	Equity swap	increasing a long position	326	186.50
3 1/3p ordinary	Equity swap	increasing a long position	350	186.40
3 1/3p ordinary	Equity swap	increasing a long position	351	186.10
3 1/3p ordinary	Equity swap	increasing a long position	356	186.30
3 1/3p ordinary	Equity swap	increasing a long position	359	186.10
3 1/3p ordinary	Equity swap	increasing a long position	366	186.10
3 1/3p ordinary	Equity swap	increasing a long position	372	186.40
3 1/3p ordinary	Equity swap	increasing a long position	385	186.20
3 1/3p ordinary	Equity swap	increasing a long position	385	186.10
3 1/3p ordinary	Equity swap	increasing a long position	385	186.10
3 1/3p ordinary	Equity swap	increasing a long position	410	186.10
3 1/3p ordinary	Equity swap	increasing a long position	421	186.20
3 1/3p ordinary	Equity swap	increasing a long position	454	186.10
3 1/3p ordinary	Equity swap	increasing a long position	458	186.20
3 1/3p ordinary	Equity swap	increasing a long position	462	186.10
3 1/3p ordinary	Equity swap	increasing a long position	462	186.30
3 1/3p ordinary	Equity swap	increasing a long position	476	186.10
3 1/3p ordinary	Equity swap	increasing a long position	504	186.10
3 1/3p ordinary	Equity swap	increasing a long position	513	187.20
3 1/3p ordinary	Equity swap	increasing a long position	514	186.10
3 1/3p ordinary	Equity swap	increasing a long position	557	186.40
3 1/3p ordinary	Equity swap	increasing a long position	565	186.40
3 1/3p ordinary	Equity swap	increasing a long position	572	186.10
3 1/3p ordinary	Equity swap	increasing a long position	574	186.30
3 1/3p ordinary	Equity swap	increasing a long position	635	186.20
3 1/3p ordinary	Equity swap	increasing a long position	655	186.10
3 1/3p ordinary	Equity swap	increasing a long position	663	186.10
3 1/3p ordinary	Equity swap	increasing a long position	672	186.10
3 1/3p ordinary	Equity swap	increasing a long position	680	186.10
3 1/3p ordinary	Equity swap	increasing a long position	699	186.10
3 1/3p ordinary	Equity swap	increasing a long position	728	186.40
3 1/3p ordinary	Equity swap	increasing a long position	804	186.10
3 1/3p ordinary	Equity swap	increasing a long position	812	186.30
3 1/3p ordinary	Equity swap	increasing a long position	820	186.25
3 1/3p ordinary	Equity swap	increasing a long position	841	186.10
3 1/3p ordinary	Equity swap	increasing a long position	868	186.10
3 1/3p ordinary	Equity swap	increasing a long position	868	186.50
3 1/3p ordinary	Equity swap	increasing a long position	873	185.60
3 1/3p ordinary	Equity swap	increasing a long position	901	186.30
3 1/3p ordinary	Equity swap	increasing a long position	901	186.10
3 1/3p ordinary	Equity swap	increasing a long position	901	186.40
3 1/3p ordinary	Equity swap	increasing a long position	901	186.40
3 1/3p ordinary	Equity swap	increasing a long position	901	186.30
3 1/3p ordinary	Equity swap	increasing a long position	909	186.10
3 1/3p ordinary	Equity swap	increasing a long position	916	186.10
3 1/3p ordinary	Equity swap	increasing a long position	989	186.10
3 1/3p ordinary	Equity swap	increasing a long position	989	186.10
3 1/3p ordinary	Equity swap	increasing a long position	989	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1031	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1039	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1059	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1065	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1069	186.40
3 1/3p ordinary	Equity swap	increasing a long position	1088	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1112	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1130	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1181	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1204	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1204	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1215	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1215	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1226	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1256	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1357	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1384	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1388	186.20
3 1/3p ordinary	Equity swap	increasing a long position	1406	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1603	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1640	186.50
3 1/3p ordinary	Equity swap	increasing a long position	1685	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1686	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1689	186.20
3 1/3p ordinary	Equity swap	increasing a long position	1748	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1762	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1783	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1801	186.40
3 1/3p ordinary	Equity swap	increasing a long position	1812	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1816	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1838	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1856	186.30
3 1/3p ordinary	Equity swap	increasing a long position	1911	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1920	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1953	186.00
3 1/3p ordinary	Equity swap	increasing a long position	1960	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1969	186.10
3 1/3p ordinary	Equity swap	increasing a long position	1970	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2008	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2022	186.25
3 1/3p ordinary	Equity swap	increasing a long position	2040	186.40
3 1/3p ordinary	Equity swap	increasing a long position	2095	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2105	186.30
3 1/3p ordinary	Equity swap	increasing a long position	2106	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2115	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2120	186.20
3 1/3p ordinary	Equity swap	increasing a long position	2126	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2129	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2135	186.00
3 1/3p ordinary	Equity swap	increasing a long position	2244	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2291	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2306	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2340	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2348	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2440	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2465	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2578	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2665	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2702	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2724	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2744	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2746	186.40
3 1/3p ordinary	Equity swap	increasing a long position	2802	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2809	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2877	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2982	186.30
3 1/3p ordinary	Equity swap	increasing a long position	2986	186.10
3 1/3p ordinary	Equity swap	increasing a long position	2993	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3012	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3185	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3208	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3249	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3388	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3389	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3416	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3439	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3455	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3507	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3526	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3547	186.30
3 1/3p ordinary	Equity swap	increasing a long position	3552	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3744	186.10
3 1/3p ordinary	Equity swap	increasing a long position	3987	186.10
3 1/3p ordinary	Equity swap	increasing a long position	4000	186.10
3 1/3p ordinary	Equity swap	increasing a long position	4125	186.10
3 1/3p ordinary	Equity swap	increasing a long position	26060	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	16	187.30
3 1/3p ordinary	Equity swap	decreasing a long position	77	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	96	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	153	186.05
3 1/3p ordinary	Equity swap	decreasing a long position	228	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	286	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	349	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	375	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	426	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	427	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	595	186.50
3 1/3p ordinary	Equity swap	decreasing a long position	614	185.80
3 1/3p ordinary	Equity swap	decreasing a long position	634	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	693	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	705	185.80
3 1/3p ordinary	Equity swap	decreasing a long position	711	186.30
3 1/3p ordinary	Equity swap	decreasing a long position	758	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	780	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	805	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	843	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	898	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	916	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	1058	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	1107	185.80
3 1/3p ordinary	Equity swap	decreasing a long position	1212	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	1406	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	1459	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	1459	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	1545	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	1796	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	1798	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	1801	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	1809	186.10
3 1/3p ordinary	Equity swap	decreasing a long position	1832	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	1978	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	2040	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	2245	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	2278	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	2443	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	2722	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	3041	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	3249	186.50
3 1/3p ordinary	Equity swap	decreasing a long position	3333	186.40
3 1/3p ordinary	Equity swap	decreasing a long position	4050	185.60
3 1/3p ordinary	Equity swap	decreasing a long position	4202	185.80
3 1/3p ordinary	Equity swap	decreasing a long position	7133	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	15888	186.00
3 1/3p ordinary	Equity swap	decreasing a long position	34160	186.00

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
0	0	0	0	0

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
0	0	0	0

4. OTHER INFORMATION

(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	23-05-2024
Contact name:	Stuart Brown
Telephone number:	00442070722969

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone]. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Category Code: RET

Sequence Number: 1229437

Time of Receipt (offset from UTC): 20240523T124432+0100