Apex Fundrock Limited Announces 1.14% Holding in Spirent Communications PLC

Apex Fundrock Limited disclosed its significant holdings in Spirent Communications PLC, reporting a 1.14% interest through the ownership of 6,600,000 ordinary shares as of 2 April 2024. The disclosure was made in compliance with Rule 8.3 of the Takeover Code, which mandates reporting for individuals or entities with interests in relevant securities representing 1% or more.

The statement also mentioned a sale of 250,000 ordinary shares at a price of 2.015p each. This transaction further adjusts Apex Fundrock Limited's stake in Spirent Communications. No dealings were reported in cash-settled derivatives or stock-settled derivatives related to Spirent Communications.

Furthermore, the disclosure asserts there are no indemnity or dealing arrangements in place that might be seen as an inducement to deal or refrain from dealing in the securities of Spirent Communications PLC. Apex Fundrock Limited claims no agreements, arrangements, or understandings related to the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced.