25th Apr 2006 14:48
Spirent PLC25 April 2006 SPIRENT PLC (the "Company") NOTIFICATION OF DEEMED INTERESTS BY DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS The Company was notified on 25 April 2006 that Spirent Sharesave Trust Limited,the trustee for the Spirent Sharesave Trust (the "Trust") had transferred 21,849Ordinary shares at an option price of 41 pence per share in the Company tosatisfy the exercise of options under the Company's Savings Related Share OptionScheme. Following this transfer the total number of Ordinary shares held by the Trustis: 2,244,326 (representing 0.2315% 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. Michael AnscombeDeputy Company SecretarySpirent plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Spirent