Disclosure of Securities in Spirent Communications by Chelverton Asset Management

On March 4, 2025, Apex Fundrock Limited disclosed a significant position in Spirent Communications PLC's ordinary shares under Form 8.3, as per the requirements of the Takeover Code. Chelverton Asset Management reported a 1.07% interest in Spirent's relevant securities, totaling 6,162,962 ordinary shares. The disclosure also noted the absence of any short positions or additional interests in stock-settled derivatives or cash-settled derivatives.

The disclosed position pertains to activities undertaken on March 3, 2025. Notably, Chelverton Asset Management sold 250,000 ordinary shares at a price of 1.892 per unit. No supplemental Form 8 was required, as there were no open positions involving stock-settled derivatives or options.

No indemnity arrangements or agreements related to Spirent's securities were reported. The disclosure confirms compliance with regulatory requirements and updates on the firm's recent dealings in Spirent Communications' securities.