1st Mar 2006 13:06
Spirent PLC01 March 2006 SPIRENT PLC - NOTIFICATION OF DEEMED INTERESTS BY DIRECTORS, PERSONS DISCHARGINGMANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS The Company was notified on 28 February 2006 that, Spirent Sharesave TrustLimited, the trustee for the Spirent Sharesave Trust ("the Trust"), hadtransferred 319,133 Ordinary shares in Spirent plc (the "Company") to satisfythe exercise of options under the Company's Savings Related Share Option Schemeas follows: No of Shares Option Price 105,807 41 pence 213,326 38 pence 319,133 Following this transfer the total number of Ordinary shares held by the Trust is: 2,777,967 (representing 0.2874% of the issued share capital of the Company). The Company's executive directors are potential beneficiaries of the Trust(together with all other UK employee share option holders) and are, therefore,treated under the Companies Act 1985 as having a deemed interest in the totalnumber of shares held by the Trust. As a result, the directors' deemed interestin the Trust has been reduced by the above number of shares transferred. For the avoidance of doubt, the Company confirms that this notification does notrelate to an actual dealing in securities by the executive directors whoseinterests in the Company's securities remain unchanged notwithstanding the aboveevents. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Spirent