Vanguard Group's Position in Spirent Communications Detailed in Latest Filing

The Vanguard Group, Inc., a major investment management company, has disclosed its substantial holdings in Spirent Communications plc as per the latest public filing. The disclosure, dated May 8, 2024, follows regulatory requirements set by the Takeover Code’s Rule 8.3, indicating persons with interests in securities representing more than 1% of a company. As of May 7, 2024, Vanguard reported owning 29,249,616 shares, equating to a 5.05% stake in Spirent Communications plc.

This position involves solely direct ownership of ordinary shares, with no participation in cash-settled or stock-settled derivatives related to these securities. The statement also confirmed recent transactions, including purchases and a sale of Spirent’s 3 1/3p ordinary shares, within specified price ranges. Notably, this information highlights Vanguard’s continued interest and potential influence in Spirent’s financial and operational strategies.