Spirent Shares Delisting & Cancellation of Trading
Summary by AI BETAClose X
|
FOR IMMEDIATE RELEASE
17 October 2025
SPIRENT COMMUNICATIONS PLC
DE-LISTING AND CANCELLATION OF TRADING OF SPIRENT SHARES
Further to the announcement made by Keysight Technologies Inc. and Spirent Communications plc ("Spirent") on 15 October 2025 in respect of the Scheme becoming Effective, Spirent today announces that, following an application by Spirent, the Financial Conduct Authority has cancelled the listing of Spirent Shares on the Official List and the London Stock Exchange has cancelled the trading of the Spirent Shares on the London Stock Exchange's main market for listed securities, in each case with effect from 7:30 a.m. today (London time).
Defined terms used but not defined in this announcement have the meanings set out in the Scheme Document dated 25 April 2024.
Enquiries
|
Spirent Communications plc |
Tel: +44 (0)12 9376 7676 |
|
Eric Updyke, Chief Executive Officer Paula Bell, Chief Financial & Operations Officer Angus Iveson, Company Secretary & General Counsel |
|
|
|
|
|
UBS (Joint Lead Financial Adviser and Corporate Broker to Spirent) |
Tel: +44 (0)20 7567 8000 |
|
Craig Calvert Sandip Dhillon Josh Chauhan
|
|
|
Rothschild & Co (Joint Lead Financial Adviser to Spirent) |
Tel: +44 (0)20 7280 5000 |
|
Aadeesh Aggarwal Albrecht Stewen Mitul Manji |
|
|
|
|
|
Jefferies (Financial Adviser and Corporate Broker to Spirent) |
Tel: +44 (0)20 7029 8000 |
|
Philip Yates Phil Berkowitz Ed Matthews |
|
|
|
|
|
DGA Group (Public Relations Adviser to Spirent) |
Tel: +44 (0) 20 7038 7419 |
|
James Melville-Ross Humza Vanderman |
|
Linklaters LLP is retained as legal adviser to Spirent.
Important Notices
UBS AG London Branch ("UBS") is authorised and regulated by the Financial Market Supervisory Authority in Switzerland. It is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority in the UK. UBS is acting exclusively as corporate broker and financial adviser to Spirent and no one else in connection with the Acquisition. In connection with such matters, UBS will not regard any other person as its client, nor will it be responsible to any other person for providing the protections afforded to its clients or for providing advice in relation to the Acquisition, the contents of this announcement or any other matter referred to herein.
N.M. Rothschild & Sons Limited ("Rothschild & Co"), which is authorised and regulated by the Financial Conduct Authority in the UK, is acting exclusively as financial adviser to Spirent and no one else in connection with the Acquisition and will not be responsible to anyone other than Spirent for providing the protections afforded to clients of Rothschild & Co nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Rothschild & Co nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Rothschild & Co in connection with this announcement, any statement contained in this announcement, the acquisition of Spirent or otherwise. No representation or warranty, express or implied, is made by Rothschild & Co as to the contents of this announcement.
Jefferies International Limited ("Jefferies") is authorised and regulated in the UK by the Financial Conduct Authority. Jefferies is acting exclusively as financial adviser and corporate broker to Spirent and no one else in connection with the Acquisition and will not be responsible to anyone other than Spirent for providing the protections afforded to clients of Jefferies nor for providing advice in connection with the Acquisition or any matter referred to herein. Neither Jefferies nor any of its affiliates (nor their respective directors, officers, employees or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Jefferies in connection with this announcement, any statement contained in this announcement, the Acquisition or otherwise. No representation or warranty, express or implied, is made by Jefferies as to the contents of this announcement.
Publication on Website
In accordance with Rule 26.1 of the Takeover Code, a copy of this announcement will be made available, subject to certain restrictions relating to persons resident in restricted jurisdictions, on Spirent's website at https://corporate.spirent.com by no later than 12 noon (London time) on the business day following the date of this announcement. For the avoidance of doubt, the contents of this website are not incorporated into and do not form part of this announcement.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 29 minutes ago Tertiary Minerals
- 29 minutes ago Hargreaves Services
- 13 hours ago ASOS
- 13 hours ago MJ Gleeson
- 14 hours ago Rolls-Royce Holdings