Spirent PLC
27 February 2003
London Stock Exchange
Company Announcements Office
Old Broad Street
LONDON
EC2N 1HP
27 February 2003
Dear Sir / Madam
SPIRENT plc - Stock Exchange Ticker Symbol SPT
Notification of Directors' Interests
Spirent plc Long Term Share Purchase Plan ('LTSPP')
On 11 May 2000 the directors listed below were granted Performance Units at a
unit value of
334 pence each under the LTSPP (the 'Award').
At a meeting of the Remuneration Committee of the Board on 26 February 2003 it
was determined that as the minimum performance conditions attaching to the first
three-year performance period of the Award were not satisfied on 31 December
2002, no value therefore arises and, pursuant to the rules of the LTSPP, the
Performance Units have lapsed.
The directors no longer have an interest in the Performance Units granted on 11
May 2000 and following this notification their remaining interests in the LTSPP
Performance Units are as set out below.
Director LTSPP Performance Units granted 11 LTSPP Performance Units remaining
May 2000 now lapsed (granted 9 April 2001)
N K Brookes 85,480 123,000
E G Hutchinson 28,849 62,000
M E Chung 38,893 50,000
Yours faithfully
Luke Thomas
Luke Thomas
Deputy Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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