Director/PDMR Shareholding: 2017 LTIP Awards

RNS Number : 6490E

Spirent Communications PLC

09 May 2017

 

SPIRENT COMMUNICATIONS PLC

9 May 2017

DIRECTOR / PDMR SHAREHOLDING: 2017 LONG-TERM INCENTIVE AWARDS

The Company confirms that on 4 May 2017, 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 / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each 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) 0.00 508,474
d)	Aggregated information -     Aggregated volume -     price	508,474 0.00
e)	Date of the transaction	4 May 2017
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 / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each 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) 0.00 279,661
d)	Aggregated information -     Aggregated volume -     price	279,661 0.00
e)	Date of the transaction	4 May 2017
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 / PDMR	Total number of shares over which options held
Eric Hutchinson	1,868,267
Paula Bell	840,637

Enquiries

Michelle Balch                         Spirent Communications plc              [phone]

Deputy Company Secretary

 

END

 

 

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