The Vanguard Group Announces Stake in Spirent Communications

The Vanguard Group, Inc. has disclosed a significant ownership in Spirent Communications plc, holding a total of 29,233,213 shares, which represents 5.05% of the company. This position was reported under the mandatory disclosure rules for entities owning more than 1% of a company's shares, as per the Takeover Code.

The disclosure, dated 12 April 2024, includes recent transactions involving the purchase of 22,716 shares of Spirent Communications at a price of 1.96 GBP per share. The Form 8.3 filed by Vanguard does not indicate any participation in cash-settled derivatives or stock-settled derivatives related to Spirent’s shares at this time.

No additional rights to subscribe for new securities were disclosed in the report. The dealings and positions are intended to be transparent under the requirements set by financial authorities to prevent market manipulation and ensure fairness in financial markets.