Director/PDMR Shareholding

RNS Number : 5441C
Spirent Communications PLC
02 September 2008
 



Annex DTR3


Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons



All relevant boxes should be completed in block capital letters.


1.

Name of the issuer





SPIRENT COMMUNICATIONS PLC





2.

State whether the notification relates to

(i) a transaction notified in accordance with DTR 3.1.2 R, 

(ii) a disclosure made in accordance LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).


i


3.

Name of person discharging managerial

responsibilities/director



ERIC HUTCHINSON



4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person


N/A


5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest 1


IN RESPECT OF THE PERSON REFERRED TO IN 3 ABOVE


6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares



SPIRENT COMMUNICATIONS PLC ORDINARY SHARES OF 3&1/3 PENCE EACH


7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them



ERIC HUTCHINSON


8.

State the nature of the transaction



VESTING OF AN AWARD OF PERFORMANCE SHARES GRANTED UNDER THE SPIRENT EMPLOYEE INCENTIVE PLAN ON 25 AUGUST 2005



9.

Number of shares, debentures or financial

instruments relating to shares acquired



187,200 ORDINARY SHARES OF 3&1/3 PENCE EACH


10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)


0.03 %


11.

Number of shares, debentures or financial

instruments relating to shares disposed



NIL


12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)


N/A


13.

Price per share or value of transaction


PRICE PAID: NIL

VALUE OF SHARES ON DATE OF VESTING: 80 PENCE PER SHARE


14.

Date and place of transaction


1 SEPTEMBER 2008,

CRAWLEY, 

WEST SUSSEX


15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)


1,058,931 ORDINARY SHARES OF 3&1/3 PENCE EACH REPRESENTING 

0.14% OF THE ISSUED SHARE CAPITAL (LESS TREASURY SHARES).


16.

Date issuer informed of transaction



1 SEPTEMBER 2008






If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes


17.

Date of grant



N/A


18.

Period during which or date on which exercisable


N/A


19.

Total amount paid (if any) for grant of the option


N/A


20.

Description of shares or debentures involved (class and number)


N/A


21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise


N/A


22.

Total number of shares or debentures over which options held following notification



N/A



23.

Any additional information


FOLLOWING THE VESTING OF THE ABOVE MENTIONED AWARD MR HUTCHINSON HAS ELECTED TO RETAIN THE WHOLE OF THIS AWARD AND PAY THE WITHHOLDING LIABILITY. FOLLOWING THIS NOTIFICATION MR HUTCHINSON HOLDS 3,244,170 OPTIONS OVER ORDINARY SHARES OF 3&1/3 PENCE EACH


24.

Name of contact and telephone number for queries



WARREN NASH


TEL: 01293 767657


Name of authorised official of issuer responsible for making notification


WARREN NASH


Date of notification


2 SEPTEMBER 2008 



Notes:    This form is intended for use by an issuer to make a RIS notification required by DR 3.3.


(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.



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