Thu, 19 Oct 2006 2:33:00 PDT
Crawley, UK -- (MARKET WIRE) -- 10/19/2006 -- NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a
transaction relating to the shares or debentures
of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a
derivative relating to the shares of the issuer
should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23
and 24.
(3) An issuer making a notification in respect of options
granted to a director/person discharging
managerial responsibilities should complete boxes 1 to 3
and 17 to 24.
(4) An issuer making a notification in respect of a
financial instrument relating to the shares of
the issuer (other than a debenture) should
complete boxes 1 to 4, 6, 8, 9, 11, 13, 14,
16, 23 and 24.
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
SPIRENT COMMUNICATIONS PLC
2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4®(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
(iii) THIS NOTIFICATION IS MADE IN ACCORDANCE WITH BOTH
3. Name of person discharging managerial responsibilities/director
ERIC HUTCHINSON
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
N/A
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
SPIRENT COMMUNICATIONS PLC ORDINARY SHARES OF 3&1/3 PENCE
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
N/A
8 State the nature of the transaction
SALE OF SHARES ARISING FROM THE EXERCISE OF AN OPTION AWARDED UNDER THE SPIRENT1995 EXECUTIVE SHARE OPTION SCHEME
9. Number of shares, debentures or financial instruments relating to shares acquired
N/A
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A
11. Number of shares, debentures or financial instruments relating to shares disposed
1,128,000 ORDINARY SHARES OF 3&1/3 PENCE
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
0.126%
13. Price per share or value of transaction
59.179 PENCE PER SHARE
14. Date and place of transaction
18 OCTOBER 2006
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
871,731 SPIRENT COMMUNICATIONS PLC ORDINARY SHARES OF 3&1/3 PENCE (0.097% OF THE ISSUED SHARE CAPITAL EXCLUDING TREASURY SHARES)
16. Date issuer informed of transaction
18 OCTOBER 2006
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
25 MARCH 2003
18. Period during which or date on which it can be exercised
25 MARCH 2006 TO 24 MARCH 2013
19. Total amount paid (if any) for grant of the option
NIL
20. Description of shares or debentures involved (class and number)
1,128,000 OPTIONS OVER ORDINARY SHARES OF 3 & 1/3 PENCE EACH
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
16 PENCE PER SHARE
22. Total number of shares or debentures over which options held following notification
3,494,742 OPTIONS OVER ORDINARY SHARES OF 3 & 1/3 PENCE EACH
23. Any additional information
24. Name of contact and telephone number for queries
WARREN NASH
Tel: 01293 767676
Name and signature of duly authorised officer of issuer responsible for making notification
WARREN NASH
Date of notification
19 OCTOBER 2006
END
This information is provided by RNS
The company news service from the London Stock Exchange
A Stock Cloud is a tag cloud like display of stock ticker symbols. The larger the ticker symbol the more frequent that company distributes press releases.