Spirent Communications PLC Director/PDMR Shareholding (8788Z)
May 22 2019 - 7:05AM
UK Regulatory
TIDMSPT
RNS Number : 8788Z
Spirent Communications PLC
22 May 2019
SPIRENT COMMUNICATIONS PLC
22 May 2019
DIRECTOR / PDMR SHAREHOLDING
1. Details of PDMR / person closely associated
Name Eric Updyke
------------------------------ --------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / status CEO
------------------------------ --------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Performance Shares (nil-cost
options) under the Spirent Long-term
Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 532,672
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 532,672
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ --------------------------------------
1. Details of PDMR / person closely associated
Name Paula Bell
------------------------------ --------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / status CFO
------------------------------ --------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Performance Shares (nil-cost
options) under the Spirent Long-term
Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 276,276
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 276,276
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ --------------------------------------
1. Details of PDMR / person closely associated
Name Angus Iveson
------------------------------ --------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / status Company Secretary & General Counsel
------------------------------ --------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Restricted Stock Units under
the Spirent Long-term Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 71,969
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 71,969
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ --------------------------------------
1. Details of PDMR / person closely associated
Name James Klaassen
------------------------------ --------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / status VP, Global Operations
------------------------------ --------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Restricted Stock Units under
the Spirent Long-term Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 40,274
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 40,274
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ --------------------------------------
1. Details of PDMR / person closely associated
Name Ann Menard
------------------------------ --------------------------------------
2. Reason for the notification
----------------------------------------------------------------------
a) Position / status Global Head of Human Resources
------------------------------ --------------------------------------
b) Initial notification Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Restricted Stock Units under
the Spirent Long-term Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 33,292
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 33,292
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
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 Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Restricted Stock Units under
the Spirent Long-term Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 50,054
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 50,054
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
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 Initial notification
/ amendment
------------------------------ --------------------------------------
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 213800HKCUNWP1916L38
Code
------------------------------ --------------------------------------
4. Details of the transaction(s)
----------------------------------------------------------------------
a) Description of the financial Ordinary shares of 3 1/3 pence each
instrument
Identification code GB0004726096
------------------------------ --------------------------------------
b) Nature of the transaction Award of Restricted Stock Units under
the Spirent Long-term Incentive Plan
------------------------------ --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 106,305
----------
------------------------------ --------------------------------------
d) Aggregated information
* Aggregated volume 106,305
GBP0.00
* price
------------------------------ --------------------------------------
e) Date of the transaction 16 May 2019
------------------------------ --------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ --------------------------------------
Beneficial interest in the Company following these transactions
were:
Director / PDMR Total number of shares over which
options held
Eric Updyke 1,196,441
----------------------------------
Paula Bell 1,151,022
----------------------------------
Angus Iveson 234,389
----------------------------------
James Klaassen 167,856
----------------------------------
Ann Menard 62,332
----------------------------------
Bill Mortimer 288,700
----------------------------------
Nigel Wright 558,486
----------------------------------
Enquiries
Michelle Balch Spirent Communications plc +44 (0)1293 767676
Deputy Company Secretary
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END
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