The Vanguard Group Discloses Position in Spirent Communications plc

The Vanguard Group, Inc. has issued a Form 8.3 disclosure regarding its position in Spirent Communications plc. As of June 21, 2024, Vanguard holds a 5.17% interest in the company, amounting to 29,940,644 ordinary shares of 3 1/3p each.

The disclosure, in compliance with Rule 8.3 of the UK Takeover Code, details the relevant securities owned, alongside the number and percentage of short positions and any derivative positions. No transactions on cash-settled or stock-settled derivatives were reported, and there are no rights to subscribe for new securities.

Within the reporting period, the firm purchased 26,754 ordinary shares at 1.85 GBP per unit and sold 43,880 shares at the same price. These transactions highlight Vanguard’s active participation in managing its equity interests in Spirent Communications.

No additional agreements, options, or indemnities related to the securities were disclosed. The disclosure was finalized on June 24, 2024.