24th May 2018 16:39
SPIRENT COMMUNICATIONS PLC
24 May 2018
DIRECTOR / PDMR SHAREHOLDING: 2018 LONG-TERM INCENTIVE AWARDS
The Company confirms that on 22 May 2018, awards were made to Directors / Persons Discharging Managerial Responsibility under the Spirent Long-term Incentive Plan as follows:
1. | Details of PDMR / person closely associated | |||||
Name
| Eric Hutchinson | |||||
2. | Reason for the notification | |||||
a) | Position / status
| CEO | ||||
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 Performance Shares (nil-cost options) under the Spirent Long-term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- price
|
549,822
0.00
| ||||
e) | Date of the transaction
| 22 May 2018 | ||||
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
| Chief Financial Officer | ||||
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 Performance Shares (nil-cost options) under the Spirent Long-term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- price
|
302,402
0.00
| ||||
e) | Date of the transaction
| 22 May 2018 | ||||
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 / 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 Restricted Stock Units under the Spirent Long-term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- price
|
58,647
0.00
| ||||
e) | Date of the transaction
| 22 May 2018 | ||||
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 Restricted Stock Units under the Spirent Long-term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- price
|
69,069
0.00
| ||||
e) | Date of the transaction
| 22 May 2018 | ||||
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 Restricted Stock Units under the Spirent Long-term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
- Aggregated volume
- price
|
104,663
0.00
| ||||
e) | Date of the transaction
| 22 May 2018 | ||||
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 |
Eric Hutchinson | 1,840,054 |
Paula Bell | 874,746 |
Angus Iveson | 162,420 |
Bill Mortimer | 238,646 |
Nigel Wright | 452,181 |
Enquiries
Michelle Balch Spirent Communications plc +44 (0)1293 767676
Deputy Company Secretary
Related Shares:
Spirent