The Vanguard Group Discloses Interest in Spirent Communications plc

On February 6, 2025, The Vanguard Group, Inc. disclosed its position in Spirent Communications plc as part of a Form 8.3 filing under the Takeover Code. Vanguard reported owning 30,259,885 ordinary shares, representing 5.23% in Spirent. This marks the disclosure of a significant holding in the company's securities.

In a detailed statement, Vanguard outlined its dealings, revealing the purchase of 84,717 shares at a unit price of 1.86 GBP and the sale of 141,018 shares at the same price. This places Vanguard as a key player among those holding relevant securities exceeding the critical 1% threshold.

The filing further clarified there are no cash-settled or stock-settled derivatives, nor any agreements, arrangements, or understandings related to these securities. Vanguard's disclosure is essential for investors and stakeholders monitoring the movements of major institutional investors within the market.