TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0004726096
Issuer Name
SPIRENT COMMUNICATIONS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
JPMorgan Chase & Co.
City of registered office (if applicable)
Country of registered office (if applicable)
US
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
J.P. Morgan Securities plc |
|
|
5. Date on which the threshold was crossed or reached
17-Jul-2025
6. Date on which Issuer notified
21-Jul-2025
7. Total positions of person(s) subject to the notification obligation
|
% of voting rights attached to shares (total of 8.A) |
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights held in issuer |
|
|
Resulting situation on the date on which threshold was crossed or reached |
4.171228 |
3.423602 |
7.594830 |
44137517 |
|
Position of previous notification (if applicable) |
3.116540 |
3.613304 |
6.729844 |
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB0004726096 |
|
24241093 |
|
4.171228 |
|
Sub Total 8.A |
24241093 |
4.171228% |
||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
|
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
|
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
|
Cash-settled Equity Swap |
16/12/2025 |
16/12/2025 |
Cash |
9506829 |
1.635864 |
|
Cash-settled Equity Swap |
29/12/2025 |
29/12/2025 |
Cash |
3352486 |
0.576871 |
|
Cash-settled Equity Swap |
15/04/2026 |
15/04/2026 |
Cash |
37021 |
0.006365 |
|
Cash-settled Equity Swap |
08/05/2026 |
08/05/2026 |
Cash |
3469492 |
0.597004 |
|
Cash-settled Equity Swap |
28/05/2026 |
28/05/2026 |
Cash |
1273 |
0.000219 |
|
Cash-settled Equity Swap |
23/06/2026 |
23/06/2026 |
Cash |
1742404 |
0.299807 |
|
Cash-settled Equity Swap |
02/07/2026 |
02/07/2026 |
Cash |
481061 |
0.082773 |
|
Cash-settled Equity Swap |
19/08/2026 |
19/08/2026 |
Cash |
2684 |
0.000461 |
|
Cash-settled Equity Swap |
30/05/2028 |
30/05/2028 |
Cash |
238 |
0.000040 |
|
Cash-settled Equity Swap |
02/05/2030 |
02/05/2030 |
Cash |
1302936 |
0.224198 |
|
Sub Total 8.B2 |
|
19896424 |
3.423602% |
||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
|
Ultimate controlling person |
Name of controlled undertaking |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
|
JPMorgan Chase & Co. |
J.P. Morgan Securities plc |
3.513154 |
3.423602 |
6.936756% |
|
JPMorgan Chase & Co. |
JPMorgan Chase Bank, National Association |
|
|
|
|
JPMorgan Chase & Co. |
J.P. Morgan SE |
|
|
|
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Chain of controlled undertakings:
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)
12. Date of Completion
21-Jul-2025
13. Place Of Completion
London