Director/PDMR Shareholding

RNS Number : 8471F

Spirent Communications PLC

22 May 2017

 

SPIRENT COMMUNICATIONS PLC

22 May 2017

PDMR SHAREHOLDING: 2017 LONG-TERM INCENTIVE AWARDS

The Company confirms that on 17 May 2017, awards were made to Persons Discharging Managerial Responsibility under the Spirent Long-term Incentive Plan as follows:

1.	Details of PDMR / person closely associated
	Name	James Armstrong
2.	Reason for the notification
a)	Position / status	COO
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 65,058 Performance Shares (nil-cost options) and 120,689 Restricted Stock Units under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 0.00 65,058 120,689
d)	Aggregated information -     Aggregated volume -     price	185,747 0.00
e)	Date of the transaction	17 May 2017
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 / 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 23,357 Performance Shares (nil-cost options) and 44,442 Restricted Stock Units under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 0.00 23,357 44,442
d)	Aggregated information -     Aggregated volume -     price	67,799 0.00
e)	Date of the transaction	17 May 2017
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 / 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 51,233 Performance Shares (nil-cost options) and 108,363 Restricted Stock Units under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 0.00 51,233 108,363
d)	Aggregated information -     Aggregated volume -     price	159,596 0.00
e)	Date of the transaction	17 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
James Armstrong	574,781
Bill Mortimer	194,024
Nigel Wright	483,628

Enquiries

Michelle Balch                         Spirent Communications plc              [phone]

Deputy Company Secretary

 

END

 

 

DSHOKBDDDBKDQPB