The Vanguard Group Discloses Position in Spirent Communications

The Vanguard Group, Inc. has released its Form 8.3, detailing its significant holdings in Spirent Communications plc. As of November 6, 2024, Vanguard disclosed owning 30,136,541 ordinary shares, representing a 5.21% interest in the company. The disclosure is required under Rule 8.3 of the Takeover Code, which mandates transparency for entities holding interests of 1% or more in relevant securities during potential takeover periods.

Additionally, Vanguard reported recent sales of Spirent shares. The transactions involved the sale of 10,085 and 2,212 ordinary shares at £1.70 and £1.71 per share, respectively. No open derivative positions or related indemnity or dealing arrangements were reported.

This disclosure underscores Vanguard's investment engagement with Spirent Communications, a key player in the telecommunications testing and assurance space.