Director/PDMR Shareholding

RNS Number : 8489H

Spirent Communications PLC

10 November 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 WILLIAM BURNS	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  N/A	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares N/A
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them N/A	8.	State the nature of the transaction N/A
9.	Number of shares, debentures or financial instruments relating to shares acquired N/A	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) N/A
11.	Number of shares, debentures or financial instruments relating to shares disposed N/A	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 N/A	14.	Date and place of transaction N/A
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) N/A	16.	Date issuer informed of transaction N/A

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

complete the following boxes

17.	Date of grant 7 NOVEMBER 2008	18.	Period during which or date on which exercisable STOCK APPRECIATION RIGHT AWARD: 7 NOVEMBER 2011 TO 6 NOVEMBER 2018 PERFORMANCE SHARE AWARD: 7 NOVEMBER 2011 TO 8 NOVEMBER 2011
19.	Total amount paid (if any) for grant of the option NIL	20.	Description of shares or debentures involved (class and number) A STOCK APPRECIATION RIGHT OVER 374,000 ORDINARY SHARES OF 3&1/3 PENCE EACH AND; A PERFORMANCE SHARE AWARD OVER 374,000 ORDINARY SHARES OF 3&1/3 PENCE EACH AND;
21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise STOCK APPRECIATION RIGHT: BASE PRICE OF 50.5 PENCE PER SHARE PERFORMANCE SHARE AWARD : NIL PER SHARE	22.	Total number of shares or debentures over which options held following notification 1,523,000 SHARE INCENTIVES OVER ORDINARY SHARES OF 3&1/3 PENCE EACH

23.

Any additional information 1. GRANT OF STOCK APPRECIATION RIGHTS THIS AWARD OF STOCK APPRECIATION RIGHTS HAS BEEN MADE UNDER THE SPIRENT EMPLOYEE INCENTIVE PLAN AND VESTING ON THE THIRD ANNIVERSARY OF THE GRANT DATE IS SUBJECT TO THE COMPANY MEETING THE PERFORMANCE CONDITIONS SET BY THE REMUNERATION COMMITTEE IN RESPECT OF THIS AWARD.  2. PERFORMANCE SHARE AWARD THIS AWARD OF PERFORMANCE SHARES, IN THE FORM OF A CONDITIONAL RIGHT TO AN AWARD OF SHARES, HAS BEEN MADE UNDER THE SPIRENT EMPLOYEE INCENTIVE PLAN AND VESTING ON THE THIRD ANNIVERSARY OF THE GRANT DATE IS SUBJECT TO THE COMPANY MEETING THE PERFORMANCE CONDITIONS SET BY THE REMUNERATION COMMITTEE IN RESPECT OF THIS AWARD.

24.

Name of contact and telephone number for queries WARREN NASH TEL: [phone]

Name of authorised official of issuer responsible for making notification WARREN NASH Date of notification 10 NOVEMBER 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.

 

END

 

 

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