22 May 2017 12:17
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) |
| ||||
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) |
| ||||
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) |
| ||||
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
Spirent (SPT)