Disclosure of Interests by Chelverton Asset Management in Spirent Communications PLC

On October 25, 2024, Chelverton Asset Management disclosed its position in Spirent Communications PLC, under Rule 8.3 of the Takeover Code. This includes interests in ordinary shares of Spirent Communications. The disclosure highlights Chelverton's ownership of 6,700,000 ordinary shares, representing a 1.16% stake.

The filing also notes recent transaction activity, with Chelverton purchasing 96,191 shares at a price of 1.7345 per unit. The form indicates that Chelverton holds no cash-settled or stock-settled derivatives linked to Spirent. No additional agreements related to voting rights or future transactions were disclosed.

Such filings are crucial as they provide transparency regarding significant positions in publicly traded companies. They help maintain market integrity during potential takeover situations by revealing interests that might influence corporate control.