5th Nov 2015 12:46
LONDON (Alliance News) - Communications technology company Spirent Communications PLC said Non-Executive Director Jonathan Silver has acquired 30,000 shares in the company on Thursday.
Silver bought the shares for 68.4128 pence per share and the shares are his only holding.
On Thursday, Spirent said its revenue for the third quarter rose but said it expects to book restructuring charges in the fourth quarter as it makes changes in order to offset shifts in the wireless devices and carrier acceptance test market.
Shares in the company were down 7.7% to 68.75 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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