Vanguard Group's Position in Spirent Communications as Disclosed in Form 8.3

As of May 13, 2024, The Vanguard Group, Inc. reported possessing an investment equivalent to a 5.08% interest in Spirent Communications plc. This information appears in their latest Form 8.3 filing according to the Takeover Code rules. The disclosures include both interests and short positions concerning Spirent Communications plc's shares, where Vanguard explicitly holds 29,389,129 shares.

The recent activities detailed for May 13, 2024, reveal that Vanguard made transactions involving purchases and sales of Spirent's 3 1/3p ordinary shares. Specifically, the fund purchased 10,564 shares and sold 8,352 shares, both at a price of 1.91 GBP per unit. The report clarifies that there are no cash-settled derivatives or stock-settled derivatives related to these dealings and confirms that Vanguard did not engage in any other types of derivative transactions associated with Spirent Communications.

This filing underscores The Vanguard Group's compliance with regulatory requirements during their investment activities, clearly detailing the status and changes in their holdings relative to Spirent Communications plc. The detailed disclosure serves as a key document ensuring transparency in the context of potential market impacts stemming from significant shareholding changes.