8th May 2006 18:15
Spirent PLC08 May 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director /person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer SPIRENT PLC 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (iii) THIS NOTIFICATION IS MADE IN ACCORDANCE WITH BOTH 3. Name of person discharging managerial responsibilities/director ANDERS GUSTAFSSON 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person N/A 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest N/A 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares N/A 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them N/A 8 State the nature of the transaction N/A 9. Number of shares, debentures or financial instruments relating to sharesacquired N/A 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A 11. Number of shares, debentures or financial instruments relating to sharesdisposed N/A 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A 13. Price per share or value of transaction N/A 14. Date and place of transaction N/A 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) N/A 16. Date issuer informed of transaction N/A If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant 5 MAY 2006 18. Period during which or date on which it can be exercised STOCK APPRECIATION RIGHT: 5 MAY 2009 TO 4 MAY 2016PERFORMANCE SHARE AWARD: 5 MAY 2009 TO 5 MAY 2009 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved (class and number) A STOCK APPRECIATION RIGHT OVER 1,334,450 ORDINARY SHARES OF 3 & 1/3 PENCE EACHAND; A PERFORMANCE SHARE AWARD OVER 359,300 ORDINARY SHARES OF 3 & 1/3 PENCE EACH 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise STOCK APPRECIATION RIGHT: BASE PRICE OF 47.5 PENCE PER SHAREPERFORMANCE SHARE AWARD: NIL 22. Total number of shares or debentures over which options held followingnotification 4,925,750 OPTIONS OVER ORDINARY SHARES OF 3 & 1/3 PENCE EACH 23. Any additional information 1. GRANT OF STOCK APPRECIATION RIGHTS THIS AWARD OF A STOCK APPRECIATION RIGHTS HAS BEEN MADE UNDER THE SPIRENTEMPLOYEE INCENTIVE PLAN AND VESTING ON THE THIRD ANNIVERSARY OF THE GRANT DATEIS SUBJECT TO THE COMPANY MEETING THE PERFORMANCE CONDITIONS SET BY THEREMUNERATION COMMITTEE IN RESPECT OF THIS AWARD. 2. PERFORMANCE SHARE AWARD THIS AWARD OF PERFORMANCE SHARES, IN THE FORM OF A CONDITIONAL RIGHT TO AN AWARDOF SHARES, HAS BEEN MADE UNDER THE SPIRENT EMPLOYEE INCENTIVE PLAN. MRGUSTAFSSON WILL ONLY RECEIVE THE THESE PERFORMANCE SHARES IF HE REMAINS EMPLOYEDBY THE COMPANY ON THAT DATE AND PROVIDED THAT THE COMPANY MEETS THE PERFORMANCECONDITIONS SET BY THE REMUNERATION COMMITTEE IN RESPECT OF THIS AWARD. 24. Name of contact and telephone number for queries WARREN NASHTel: 01293 767676 Name and signature of duly authorised officer of issuer responsible for makingnotification WARREN NASH Date of notification 8 MAY 2006 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Spirent