Spirent PLC
10 April 2001
Michael Arnaouti
Company Secretary
10 April 2001
London Stock Exchange
Company Announcements Office
Old Broad Street
London EC2N 1HP
Dear Sir / Madam
SPIRENT plc - STOCK EXCHANGE TICKER SYMBOL SPT
NOTIFICATION OF INTERESTS IN DIRECTORS AND CONNECTED PERSONS -
NICHOLAS KELVIN BROOKES
Spirent plc (the 'Company') announces that 123,000 Performance Units at
305 pence per Unit were granted on 9 April 2001 to Nicholas Kelvin Brookes
(the 'Participant') under the terms of the Company's Long Term Share
Purchase Plan ('LTSPP') (the 'Grant'). A Performance Unit is equivalent to
one Ordinary share of the Company.
The Participant is not required to pay any consideration in respect of the
Grant and his aggregate number of Performance Units held following the
above award, stands at 428,199.
Subject to and in accordance with the rules and the operation of the
LTSPP, the first performance period in respect of the grant will be the
three years starting from 1 January 2001. The second performance period in
respect of the Grant will be the three years starting from 1 January 2004.
Performance conditions apply to both performance periods.
In respect of the first performance period, the value of the reward will
be based on the increase in value of the Performance Units between the
date of Grant and the third anniversary of the Grant. In respect of the
second performance period, the value of the Grant cannot be determined
since the Participant has an entitlement to make an election to take any
reward value in the form of either Company shares and/or cash.
Yours faithfully
Michael Arnaouti
Group Company Secretary
London Stock Exchange
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED
PERSONS
AVS No
All relevant boxes should be completed in typed block capital letters.
1 Name of company 2 Name of director
SPIRENT plc NICHOLAS KELVIN BROOKES
3 Please state whether notification indicates 4 Name of the
that it is in registered
respect of holding of the director named in 2 holder(s) and, if
above or more than one
holding of that person's spouse or children holder, the
under the age number of shares
of 18 or in respect of a non-beneficial held by each of
interest them. (If
notified)
IN RESPECT OF THE DIRECTOR'S HOLDING NOT NOTIFIED
5 Please state whether notification relates to a 6 Please state the
person(s) connected with the director named in nature of the
2 above and identify transaction. For
The connected person(s) PEP transactions
N/A please indicate
whether
general/single co
PEP and if
discretionary/non
discretionary.
7 Number 8 Percentage 9 Number of 10 Percentage
of of issued shares/ of Issued
shares/ Class amount of Class
amount stock
of stock disposed
acquired
11 Class of 12 Price per 13 Date of 14 Date
security share transaction company
informed
15 Total holding following this notification 16 Total percentage
holding of issued
class following
this notification
If a director has been granted options by the company please complete the
following boxes.
17 Date of grant 18 Period during which or date on
which exercisable
9 April 2001
9 April 2004 - 8 April 2011
19 Total amount paid (if any) for 20 Description of shares or
grant of the option debentures involved: class,
Number
OPTIONS OVER 205,000 ORDINARY
SHARES OF 31/3 p
21 Exercise price (if fixed at time 22 Total number of shares or
of grant) or indication that debentures over which options
Price is to be fixed at time of held following this notification
exercise
665,876
305 pence
23 Any additional information 24 Name of contact and telephone
number for queries
Options awarded under the
Company's Executive Share Option Jo Gomm - 01293 767656
Scheme
25 Name and signature of authorised
company official
Responsible for making this
notification MICHAEL ARNAOUTI - GROUP COMPANY
SECRETARY
Date of notification 10 April
2001
London Stock Exchange, Company Announcements Office, Old Broad Street, London
EC2N 1HP
Facsimile: 020 7588 6057, 020 7334 8964/8965/8966 (PLEASE DO NOT POST)
Enquiries: Continuing obligations: Telephone: 020 7797 3850/1639/1972/3150
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