The Vanguard Group, Inc. Announces Stake in Spirent Communications PLC

The Vanguard Group, Inc. has disclosed its holdings in Spirent Communications PLC as per the requirements of the Takeover Code. The announcement, made on March 18, 2024, highlights The Vanguard Group's strategic position in the communications company.

As of March 15, 2024, The Vanguard Group reported owning a total of 28,916,267 shares, representing a 5.00% interest in Spirent Communications PLC. This position underscores the investment firm’s significant interest in the future of Spirent Communications, a company known for its contributions to the telecommunications sector.

Additionally, recent transactions were also detailed, with The Vanguard Group engaging in both the purchase and sale of shares. Specifically, on a recent trading day, they purchased 1,100,432 shares and sold 409,707 shares at a price of 1.77 GBP per share. These activities reflect the dynamic approach The Vanguard Group maintains in managing its investments.

The disclosure emphasizes The Vanguard Group's compliance with the regulatory framework and its transparent communication regarding investments in companies where it holds substantial interests. This strategic stake in Spirent Communications PLC indicates The Vanguard Group’s positive outlook on the company’s prospects and its commitment to playing a significant role in its financial ecosystem.