The Vanguard Group Discloses Stake in Spirent Communications

The Vanguard Group, Inc. has released a Form 8.3 in relation to Spirent Communications plc, detailing their position as a significant stakeholder. According to the disclosure made on July 31, 2025, Vanguard holds 30,624,194 shares, representing a 5.27% interest in Spirent Communications. This position highlights Vanguard’s involvement with relevant securities, as required under Rule 8.3 of the Takeover Code.

The disclosure specifies that these interests are in 3 1/3p ordinary shares. Additionally, Vanguard reported a recent purchase of 3,195 shares at a price of 1.95 GBP per share. No cash-settled or stock-settled derivatives have been reported in this disclosure. The statement confirms no indemnity, option arrangements, or agreements relating to voting rights connected with these securities.

Such disclosures are a routine part of transparency obligations when holding more than 1% in relevant securities, ensuring market clarity in matters involving potential takeovers.