TIDMSPT

RNS Number : 2490P

Spirent Communications PLC

24 May 2018

SPIRENT COMMUNICATIONS PLC

24 May 2018

DIRECTOR / PDMR SHAREHOLDING: 2018 LONG-TERM INCENTIVE AWARDS

The Company confirms that on 22 May 2018, awards were made to Directors / Persons Discharging Managerial Responsibility under the Spirent Long-term Incentive Plan as follows:

 
 1.    Details of PDMR / person closely associated 
----  ---------------------------------------------------------------- 
       Name                             Eric Hutchinson 
----  -------------------------------  ------------------------------- 
 2.    Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position / status                CEO 
----  -------------------------------  ------------------------------- 
 b)    Initial notification             Initial notification 
        / amendment 
----  -------------------------------  ------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------- 
 a)    Full name of the                 Spirent Communications plc 
        entity 
----  -------------------------------  ------------------------------- 
 b)    Legal Entity Identifier          213800HKCUNWP1916L38 
        Code 
----  -------------------------------  ------------------------------- 
 4.    Details of the transaction(s) 
----  ---------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 3 1/3 pence 
        the financial instrument         each 
 
        Identification 
        code                             GB0004726096 
----  -------------------------------  ------------------------------- 
 b)    Nature of the transaction        Award of Performance Shares 
                                         (nil-cost options) under the 
                                         Spirent Long-term Incentive 
                                         Plan 
----  -------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)            Price(s)   Volume(s) 
                                         ---------  ---------- 
                                          0.00       549,822 
                                         ---------  ---------- 
----  -------------------------------  ------------------------------- 
            Aggregated information 
 
              *    Aggregated volume 
 
                                          549,822 
 
 d)           *    price                  0.00 
----  -------------------------------  ------------------------------- 
 e)    Date of the transaction          22 May 2018 
----  -------------------------------  ------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  ------------------------------- 
 
 
 1.    Details of PDMR / person closely associated 
----  ---------------------------------------------------------------- 
       Name                             Paula Bell 
----  -------------------------------  ------------------------------- 
 2.    Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position / status                Chief Financial Officer 
----  -------------------------------  ------------------------------- 
 b)    Initial notification             Initial notification 
        / amendment 
----  -------------------------------  ------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------- 
 a)    Full name of the                 Spirent Communications plc 
        entity 
----  -------------------------------  ------------------------------- 
 b)    Legal Entity Identifier          213800HKCUNWP1916L38 
        Code 
----  -------------------------------  ------------------------------- 
 4.    Details of the transaction(s) 
----  ---------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 3 1/3 pence 
        the financial instrument         each 
 
        Identification 
        code                             GB0004726096 
----  -------------------------------  ------------------------------- 
 b)    Nature of the transaction        Award of Performance Shares 
                                         (nil-cost options) under the 
                                         Spirent Long-term Incentive 
                                         Plan 
----  -------------------------------  ------------------------------- 
 c)    Price(s) and volume(s)            Price(s)   Volume(s) 
                                         ---------  ---------- 
                                          0.00       302,402 
                                         ---------  ---------- 
----  -------------------------------  ------------------------------- 
            Aggregated information 
 
              *    Aggregated volume 
 
                                          302,402 
 
 d)           *    price                  0.00 
----  -------------------------------  ------------------------------- 
 e)    Date of the transaction          22 May 2018 
----  -------------------------------  ------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  ------------------------------- 
 
 
 1.    Details of PDMR / person closely associated 
----  -------------------------------------------------------------------- 
       Name                             Angus Iveson 
----  -------------------------------  ----------------------------------- 
 2.    Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position / status                Company Secretary & General 
                                         Counsel 
----  -------------------------------  ----------------------------------- 
 b)    Initial notification             Initial notification 
        / amendment 
----  -------------------------------  ----------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Full name of the                 Spirent Communications plc 
        entity 
----  -------------------------------  ----------------------------------- 
 b)    Legal Entity Identifier          213800HKCUNWP1916L38 
        Code 
----  -------------------------------  ----------------------------------- 
 4.    Details of the transaction(s) 
----  -------------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 3 1/3 pence 
        the financial instrument         each 
 
        Identification 
        code                             GB0004726096 
----  -------------------------------  ----------------------------------- 
 b)    Nature of the transaction        Award of Restricted Stock 
                                         Units under the Spirent Long-term 
                                         Incentive Plan 
----  -------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)            Price(s)   Volume(s) 
                                         ---------  ---------- 
                                          0.00       58,647 
                                         ---------  ---------- 
----  -------------------------------  ----------------------------------- 
            Aggregated information 
 
              *    Aggregated volume 
 
                                          58,647 
 
 d)           *    price                  0.00 
----  -------------------------------  ----------------------------------- 
 e)    Date of the transaction          22 May 2018 
----  -------------------------------  ----------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  ----------------------------------- 
 
 
 1.    Details of PDMR / person closely associated 
----  -------------------------------------------------------------------- 
       Name                             Bill Mortimer 
----  -------------------------------  ----------------------------------- 
 2.    Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position / status                EVP, Strategic Marketing 
----  -------------------------------  ----------------------------------- 
 b)    Initial notification             Initial notification 
        / amendment 
----  -------------------------------  ----------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Full name of the                 Spirent Communications plc 
        entity 
----  -------------------------------  ----------------------------------- 
 b)    Legal Entity Identifier          213800HKCUNWP1916L38 
        Code 
----  -------------------------------  ----------------------------------- 
 4.    Details of the transaction(s) 
----  -------------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 3 1/3 pence 
        the financial instrument         each 
 
        Identification 
        code                             GB0004726096 
----  -------------------------------  ----------------------------------- 
 b)    Nature of the transaction        Award of Restricted Stock 
                                         Units under the Spirent Long-term 
                                         Incentive Plan 
----  -------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)            Price(s)   Volume(s) 
                                         ---------  ---------- 
                                          0.00       69,069 
                                         ---------  ---------- 
----  -------------------------------  ----------------------------------- 
            Aggregated information 
 
              *    Aggregated volume 
 
                                          69,069 
 
 d)           *    price                  0.00 
----  -------------------------------  ----------------------------------- 
 e)    Date of the transaction          22 May 2018 
----  -------------------------------  ----------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  ----------------------------------- 
 
 
 1.    Details of PDMR / person closely associated 
----  -------------------------------------------------------------------- 
       Name                             Nigel Wright 
----  -------------------------------  ----------------------------------- 
 2.    Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position / status                EVP, Global Sales 
----  -------------------------------  ----------------------------------- 
 b)    Initial notification             Initial notification 
        / amendment 
----  -------------------------------  ----------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Full name of the                 Spirent Communications plc 
        entity 
----  -------------------------------  ----------------------------------- 
 b)    Legal Entity Identifier          213800HKCUNWP1916L38 
        Code 
----  -------------------------------  ----------------------------------- 
 4.    Details of the transaction(s) 
----  -------------------------------------------------------------------- 
 a)    Description of                   Ordinary shares of 3 1/3 pence 
        the financial instrument         each 
 
        Identification 
        code                             GB0004726096 
----  -------------------------------  ----------------------------------- 
 b)    Nature of the transaction        Award of Restricted Stock 
                                         Units under the Spirent Long-term 
                                         Incentive Plan 
----  -------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s)            Price(s)   Volume(s) 
                                         ---------  ---------- 
                                          0.00       104,663 
                                         ---------  ---------- 
----  -------------------------------  ----------------------------------- 
            Aggregated information 
 
              *    Aggregated volume 
 
                                          104,663 
 
 d)           *    price                  0.00 
----  -------------------------------  ----------------------------------- 
 e)    Date of the transaction          22 May 2018 
----  -------------------------------  ----------------------------------- 
 f)    Place of the transaction         Outside a trading venue 
----  -------------------------------  ----------------------------------- 
 

Following this notification, the individuals listed above hold options over the following total number of shares:

 
 Director           Total number of shares over 
  / PDMR             which options held 
-----------------  ---------------------------- 
 Eric Hutchinson    1,840,054 
-----------------  ---------------------------- 
 Paula Bell         874,746 
-----------------  ---------------------------- 
 Angus Iveson       162,420 
-----------------  ---------------------------- 
 Bill Mortimer      238,646 
-----------------  ---------------------------- 
 Nigel Wright       452,181 
-----------------  ---------------------------- 
 

Enquiries

   Michelle Balch                         Spirent Communications plc              +44 (0)1293 767676 

Deputy Company Secretary

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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