Vanguard Group Reports Holding in Spirent Communications

The Vanguard Group, Inc. disclosed its significant holding in Spirent Communications plc, managing over 5% of the company’s shares. As per the regulatory filing submitted under the UK Takeover Code, Vanguard holds precisely 29,228,997 shares, equating to a 5.05% stake as of May 1, 2024.

The report includes a recent share transaction where Vanguard executed the sale of 15,898 Spirent shares at a price of 1.91 GBP each. This disclosure, dated May 2, 2024, adheres to Rule 8.3 of the Takeover Code, which mandates public disclosure by persons with interests in relevant securities amounting to 1% or more.

No derivatives were involved in the transaction, and there are no agreements concerning the voting rights on the involved securities or their future acquisition or disposal. Vanguard has confirmed the absence of any indemnity, option arrangements, or any dealings that could provide an inducement to deal or refrain from dealing in the securities in question.