Vanguard's Position on Spirent Communications Revealed

The Vanguard Group, Inc. has disclosed its significant interest in Spirent Communications plc through the publication of Form 8.3, in compliance with Rule 8.3 of the Takeover Code. The disclosure indicates Vanguard's ownership of 30,414,417 ordinary shares of Spirent, representing a 5.26% stake.

Vanguard made this disclosure concerning their position on December 20, 2024. Additionally, on that date, Vanguard purchased 250,985 Spirent ordinary shares at a price of 1.77 GBP each. There are no cash-settled or stock-settled derivatives disclosed. The form also confirms no indemnity or option arrangements in relation to this interest, and no supplemental Form 8 was attached.

This disclosure aligns with Vanguard’s investment management strategy, reflecting its interest in telecommunications. The transparent reporting adheres to regulatory obligations under the Takeover Code guidelines.