19th Mar 2025 13:07
SPIRENT COMMUNICATIONS PLC (the "Company")
19 March 2025
DIRECTOR / PDMR SHAREHOLDING
1. | Details of PDMR / person closely associated | ||||||||||
Name
| Eric Updyke | ||||||||||
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
| i) Vesting of share awards arising from LTIP at nil-cost ii) Sale of vesting shares in market to cover tax and social security liabilities | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
- Aggregated volume - price
|
500,011 at GBP 0.00 197,230 at GBP 1.8841 | |||||||||
e) | Date of the transaction
| 18 March 2025 | |||||||||
f) | Place of the transaction
| (i) Outside a trading venue (ii) London |
1. | Details of PDMR / person closely associated | ||||||||||
Name
| Paula Bell | ||||||||||
2. | Reason for the notification | ||||||||||
a) | Position / status
| CFO | |||||||||
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
| i) Vesting of share awards arising from LTIP at nil-cost ii) Sale of vesting shares in market to cover tax and social security liabilities | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information
- Aggregated volume - price
|
279,373 at GBP 0.00 131,650 at GBP 1.8841
| |||||||||
e) | Date of the transaction
| 18 March 2025 | |||||||||
f) | Place of the transaction
| (i) Outside a trading venue (ii) London |
Following the above transactions, these individuals held the following total beneficial interests in shares, as well as outstanding awards under the LTIP and Deferred Bonus Plan:
Director / PDMR | Total beneficial interest in shares | Total number of shares over which awards held |
Eric Updyke | 1,387,929 | 2,701,036 |
Paula Bell | 848,112 | 1,334,154 |
Enquiries
Steve Hornbuckle, Deputy Company Secretary
Spirent Communications plc
+44 (0)1293 767676
Related Shares:
Spirent