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

The Vanguard Group, Inc. has officially disclosed its position in Spirent Communications plc, as per a recent public opening position disclosure. As of 28 March 2024, The Vanguard Group has reported holding a total of 28,960,815 ordinary shares in Spirent Communications, representing a 5.00% ownership stake in the company. This disclosure falls under Rule 8.3 of the Takeover Code, highlighting interests in securities representing 1% or more.

In addition to the direct holdings, the document details the latest dealings involving Spirent’s shares by The Vanguard Group. A purchase of 3,744 shares at a price of 2.00 GBP each was noted, indicating active participation in trading Spirent’s stock. No other forms of derivatives or stock-settled dealings were disclosed. Similarly, there are no reported indemnity or dealing arrangements, agreements on options, or derivatives referencing voting rights or future acquisitions that might influence The Vanguard Group’s position. The disclosure underscores the financial dynamics and stakeholder engagement in the market, specifically regarding Spirent Communications plc.