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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
Spirent Communications plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
X |
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An event changing the breakdown of voting rights |
X |
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Other (please specify): |
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3. Full name of person(s) subject to the |
BlackRock, Inc. |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on |
23rd July 2010 |
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6. Date on which issuer notified: |
27th July 2010 |
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7. Threshold(s) that is/are crossed or |
Holding has gone below 17% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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GB0004726096 |
78,519,727* |
78,519,727* |
N/A |
N/A |
79,161,757 |
N/A |
11.723% |
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* Situation previous disclosure is based upon an issued share capital of 675,855,578, while the resulting situation disclosure is based upon an issued share capital of 675,292,841. |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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CFD |
N/A |
N/A |
N/A |
35,605,786 |
Nominal |
Delta |
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5.273% |
5.27% |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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114,767,543 |
16.995% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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BlackRock Investment Management (UK) Limited - 114,767,543 (16.995%)
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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BlackRock Threshold Reporting Team |
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14. Contact name: |
Stuart Watchorn |
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15. Contact telephone number: |
020 7743 5741; stuart.watchorn@blackrock.com |
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C: Additional information |
Contact at Issuer: Rachel Whiting, Company Secretary, Spirent Communications plc Telephone: 01293 767676 |