The Vanguard Group Discloses Stake in Spirent Communications

The Vanguard Group, Inc. has published a disclosure under Form 8.3 regarding its interests in Spirent Communications plc. As of October 4, 2024, Vanguard holds 30,042,768 shares in Spirent, representing a 5.19% stake in the company.

The disclosure falls under Rule 8.3 of the Takeover Code, which mandates transparency for entities holding 1% or more in relevant securities. The disclosure includes all owned securities and derivatives, amounting to the stated percentage of the ordinary shares of Spirent.

Recent dealings by Vanguard involved the purchase of 16,400 shares and sale of 1,575 shares, both transacted at 1.72 GBP per share. No cash-settled or stock-settled derivative transactions were indicated, and Vanguard confirmed the absence of any agreements or arrangements related to these securities.