Director/PDMR Shareholding

Released : 22.05.2017 12:17

RNS Number : 8471F
Spirent Communications PLC
22 May 2017
 

 

SPIRENT COMMUNICATIONS PLC

 

22 May 2017

 

PDMR SHAREHOLDING: 2017 LONG-TERM INCENTIVE AWARDS

 

The Company confirms that on 17 May 2017, awards were made to Persons Discharging Managerial Responsibility under the Spirent Long-term Incentive Plan as follows:

 

 

1.

Details of PDMR / person closely associated


Name

 

James Armstrong

2.

Reason for the notification

a)

Position / status

 

COO

b)

Initial notification / amendment

 

Initial notification

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 Code

 

213800HKCUNWP1916L38

4.

Details of the transaction(s)

a)

Description of the financial instrument

 

Identification code

 

Ordinary shares of 3 1/3 pence each

 

 

GB0004726096

b)

Nature of the transaction

 

Award of 65,058 Performance Shares (nil-cost options) and 120,689 Restricted Stock Units under the Spirent Long-term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

0.00

 

65,058

120,689

d)

Aggregated information

 

-     Aggregated volume

 

-     price

 

 

 

185,747

 

0.00

 

e)

Date of the transaction

 

17 May 2017

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 / amendment

 

Initial notification

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 Code

 

213800HKCUNWP1916L38

4.

Details of the transaction(s)

a)

Description of the financial instrument

 

Identification code

 

Ordinary shares of 3 1/3 pence each

 

 

GB0004726096

b)

Nature of the transaction

 

Award of 23,357 Performance Shares (nil-cost options) and 44,442 Restricted Stock Units under the Spirent Long-term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

0.00

 

23,357

44,442

d)

Aggregated information

 

-     Aggregated volume

 

-     price

 

 

 

67,799

 

0.00

 

e)

Date of the transaction

 

17 May 2017

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 / amendment

 

Initial notification

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 Code

 

213800HKCUNWP1916L38

4.

Details of the transaction(s)

a)

Description of the financial instrument

 

Identification code

 

Ordinary shares of 3 1/3 pence each

 

 

GB0004726096

b)

Nature of the transaction

 

Award of 51,233 Performance Shares (nil-cost options) and 108,363 Restricted Stock Units under the Spirent Long-term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

0.00

 

51,233

108,363

d)

Aggregated information

 

-     Aggregated volume

 

-     price

 

 

 

159,596

 

0.00

 

e)

Date of the transaction

 

17 May 2017

f)

Place of the transaction

 

Outside a trading venue

 

Following this notification, the individuals listed above hold options over the following total number of shares:

 

Director / PDMR

Total number of shares over which options held

James Armstrong

574,781

Bill Mortimer

194,024

Nigel Wright

483,628

 

Enquiries

Michelle Balch                         Spirent Communications plc              +44 (0)1293 767676

Deputy Company Secretary

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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