Vanguard Group Reports Ownership in Spirent Communications

The Vanguard Group, Inc. disclosed its ownership in Spirent Communications plc, reporting a substantial holding in the company. According to the Form 8.3 filed, The Vanguard Group possesses 29,209,453 shares, equating to a 5.05% interest in the tech company. This stake highlights The Vanguard Group's significant investment in Spirent Communications as of 22 April 2024.

In related transactions, The Vanguard Group executed a sale of 15,499 Spirent Communications shares at a price of 1.92 GBP per unit. No additional stock-settled derivatives or cash-settled derivative transactions were reported in relation to this holding. Furthermore, the disclosure mentioned no existing agreements, arrangements, or understandings that would suggest an inducement to deal or refrain from dealing in the securities.

The disclosure, stated on 23 April 2024, serves as a regulatory requirement to inform the public and shareholders about significant positions held by major investors in listed companies, demonstrating transparency in stock ownership and market activities.