The Vanguard Group, Inc. Discloses Stake in Spirent Communications plc

The Vanguard Group, Inc. has publicly disclosed its holding in Spirent Communications plc, confirming a significant interest in the company. According to the disclosure filed on 11 March 2024, The Vanguard Group owns a total of 28,236,942 shares which account for 4.88% of Spirent Communications’ total shares. This position underscores The Vanguard Group's considerable influence in the company.

The disclosure follows rule 8.3 of the Takeover Code, which mandates the announcement of interests in securities that represent 1% or more of a company's shares. The information detailed an executed sale of 13,710 shares at the price of 1.76 GBP per share on 08 March 2024. However, no dealings in cash-settled derivatives or stock-settled derivative transactions were reported.

Moreover, The Vanguard Group indicated that there are no indemnity, option arrangements, or any agreement or understanding that could influence their decision to deal or refrain from dealing in the shares of Spirent Communications plc. This disclosure provides transparency regarding the holdings and transactions of major investors in the context of the Takeover Code.

Contact for the disclosure was made through Shawn Acker, with a telephone contact provided as 001-610-669-6713.