The Vanguard Group Discloses Major Stake in Spirent Communications

The Vanguard Group, Inc. has disclosed a significant interest in Spirent Communications plc, owning and controlling 30,435,542 ordinary shares, which represents 5.26% of the company. The disclosure was made following Rule 8.3 of the Takeover Code, which mandates transparency when an entity holds interests in 1% or more of relevant securities.

The positions were reported to be held since January 3, 2025, with additional disclosures confirming no derivatives or subscription rights in relation to the relevant securities. The report also affirms that there are no agreements or understandings with third parties concerning dealings in these securities.

The transaction specifics include a purchase of 3,726 shares at a price of 1.76 GBP per unit. The disclosure statement was filed on January 6, 2025, ensuring compliance with regulatory standards set by the Takeover Panel.