Apex Fundrock Limited Discloses Ownership in Spirent Communications plc

Apex Fundrock Limited has shared its latest ownership details regarding Spirent Communications plc as part of its adherence to the Takeover Code's Rule 8.3. The disclosure, made on 27 March 2024, indicates MI Chelverton UK Equity Growth Fund as the disclosing party with a significant interest in Spirent Communications plc’s ordinary shares.

As of 26 March 2024, MI Chelverton UK Equity Growth Fund holds 7,125,000 ordinary shares in Spirent Communications, representing a 1.23% stake in the company. The report highlighted a single transaction involving the sale of 273,636 ordinary shares at a price of 1.761 per unit. No involvement in cash-settled or stock-settled derivatives transactions was reported, nor were there any rights to subscribe for new securities mentioned.

The document confirms that there are no indemnity, option arrangements, or any agreements influencing the disclosed positions, emphasizing the independent nature of the MI Chelverton UK Equity Growth Fund’s investment choices in Spirent Communications plc.