He was entrusted by the Combined Loyalist Military Command (CLMC) to read out their 13 October 1994 statement that announced the loyalist ceasefire. Flanked by his PUP colleagues Jim McDonald and William "Plum" Smith, as well as Ulster Democratic Party members Gary McMichael, John White and Davy Adams, Spence read out the statement from Fernhill a former Cunningham family home on their former Glencairn estate in Belfast's Glencairn area, an important training centre for members of Edward Carson's original UVF. A few days after the announcement, Spence made a trip to the United States along with the PUP's David Ervine and Billy Hutchinson and the UDP's McMichael, Adams and Joe English, where among their engagements was one as guests of honour of the National Committee on American Foreign Policy. He went on to become a leading advocate of the Belfast Agreement.