The Vanguard Group Discloses Position in Spirent Communications

The Vanguard Group, Inc. has revealed its stake in Spirent Communications plc through a Form 8.3 filing. As of April 7, 2025, Vanguard holds 29,745,188 ordinary shares, representing a 5.12% interest in Spirent. This disclosure follows Rule 8.3 of the Takeover Code, which pertains to investors holding 1% or more of a company's securities.

Vanguard reported several transactions, purchasing 1,163 shares at 1.70 GBP and selling 4,362 shares at 1.71 GBP per unit. The filing indicates no involvement in cash-settled or stock-settled derivatives, nor any agreements related to options or voting rights. Furthermore, there are no indemnity or option arrangements involving Spirent's securities.

The disclosure does not mention any additional parties beyond Spirent Communications, and Vanguard has not submitted a Supplemental Form 8 regarding open positions. This transparency ensures compliance with the regulatory requirements governing substantial investments.