Form 8.3 – The Vanguard Group, Inc.: Spirent Communications plc
The Vanguard Group, Inc. has filed a Form 8.3 disclosure concerning its interests in Spirent Communications plc as per the rules outlined in the Takeover Code.
Public Opening Position Disclosure/Dealing Disclosure
This form provides insights into the public opening position disclosure or dealing disclosure as mandated by Rule 8.3 of the Takeover Code. Here are key details for your understanding:
- Full Name of Discloser: The Vanguard Group, Inc.
- Name of Offeror/Offeree: Spirent Communications plc
- Date Position Held/Dealing Undertaken: 21 March 2025
Positions of the Person Making the Disclosure
The holdings and positions in the relevant securities of Spirent Communications plc are outlined below:
| Class of Relevant Security | Interests | Short Positions | Number | % | Number | % |
|---|---|---|---|---|---|---|
| 3 1/3p Ordinary | Owned and/or Controlled | 29,784,058 | 5.13% |
All interests and short positions must be disclosed. This includes any open stock-settled derivative positions or agreements to purchase or sell relevant securities.
Dealings by the Person Making the Disclosure
Where there are dealings in more than one class of relevant securities, details are provided in multiple tables as necessary. Here is a snapshot of recent dealings:
- Purchased 46,880 of the 3 1/3p ordinary shares at 1.88 GBP per unit.
- Sold 6,591 of the 3 1/3p ordinary shares at 1.88 GBP per unit.
Other Information
Indemnity and Other Dealing Arrangements
No indemnity, option arrangements, or any agreements or understandings relating to relevant securities have been made to influence dealing decisions.
Agreements Relating to Options or Derivatives
There are no agreements, arrangements, or understandings relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced.
The information disclosed under Rule 8 of the Takeover Code is significant for maintaining transparency and market integrity. Public disclosures by entities like The Vanguard Group, Inc. ensure that stakeholders are aware of holdings and transactions in companies like Spirent Communications plc.
For more detailed information, one should refer to the entire regulatory announcements made in accordance with the disclosures required by the Takeover Code.
