Vanguard Group Announces Ownership Stake in Spirent Communications

The Vanguard Group, Inc., has disclosed a significant ownership stake in Spirent Communications plc, amounting to 5% of the company's shares. This disclosure, aligned with Rule 8.3 of the Takeover Code, was publicly released on March 20, 2024. The detailed filing reports that The Vanguard Group now controls exactly 28,933,250 shares of Spirent Communications, marking a precise 5.00% ownership in the telecommunications firm.

The disclosure follows a recent transaction where The Vanguard Group purchased additional 16,983 shares at a price of 1.76 GBP per share. This move, dated March 19, 2024, reinforces The Vanguard Group's position in Spirent Communications amidst global financial markets' adjustments. As part of the open and transparent reporting required by financial regulations, The Vanguard Group confirmed that there are no other dealings in the company's shares, ensuring compliance and forthrightness in its investment activities.

Shawn Acker, a contact person for The Vanguard Group, is listed in the disclosure, providing a direct line for further inquiries regarding this announcement. This strategic stake by The Vanguard Group in Spirent Communications highlights the investment firm's ongoing adjustments and interests within the telecommunications sector, reflecting its active management and strategic positioning in global markets.