14th Feb 2006 10:48
Spirent PLC14 February 2006 SPIRENT PLC - NOTIFICATION OF DEEMED INTERESTS BY DIRECTORS, PERSONS DISCHARGINGMANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS The Company was notified on 14 February 2006 that, Spirent Sharesave TrustLimited, the trustee for the Spirent Sharesave Trust ("the Trust"), hadtransferred 33,056 Ordinary shares in Spirent plc (the "Company") to satisfy theexercise of options under the Company's Savings Related Share Option Scheme asfollows: No of Shares Option Price 22,679 41 pence 10,377 38 pence 33,056 Following this transfer the total number of Ordinary shares held by the Trust is: 3,097,100 (representing 0.3206% 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