Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Holding(s) in Company

5th Nov 2008 15:19

RNS Number : 5322H
Spirent Communications PLC
05 November 2008
 



TR-1: Notification of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Spirent Communications plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify): Decrease in the number of total voting rights in Spirent Communications plc resulting from the on-going share buy-back programme

Yes

3. Full name of person(s) subject to notification obligation:

Sherborne Strategic Fund A, LLC

4. Full name of shareholder(s) (if different from 3):

Shareholder No of shares

Hanover Nominees Limited 29,644,000

5. Date of transaction (and date on which the threshold is crossed or reached if different):

October 21, 2008

6. Date on which issuer notified:

November 4, 2008

7. Threshold(s) that is/are crossed or reached:

4%

Please note, for the purposes of this TR-1 notification, only Sherborne Strategic Fund A, LLC has triggered a new notification obligation under the Disclosure and Transparency Rules.

None of Hayden Investors Partners, LLC, Hayden Investors Partners II, LLC or Sherborne Strategic Fund B, LLC, nor the aggregated holdings of Sherborne Investors LP, Sherborne Investors GP, LLC, Craig L. McKibben, Gerard L. Eastman, Jr. or Edward Bramson has reached, exceeded or fallen below a relevant threshold as a result of Spirent Communications plc's recent share buy-back programme.

8. Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Direct

Indirect

Direct

Indirect

ISIN:

GB0004726096

29,644,000

29,644,000

29,644,000

29,644,000

N/A

4.07%

N/A

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument is exercised/converted)

Percentage of voting rights

N/A

N/A

N/A

N/A

N/A

Total (A+B)

Number of voting rights

Percentage of voting rights

29,644,000

4.07%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

N/A

Proxy Voting:

10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Sherborne Investors LP is the managing member of each of Hayden Investors Partners, LLC, Hayden Investors Partners II, LLC, Sherborne Strategic Fund A, LLC and Sherborne Strategic Fund B, LLC. Through these entities, Sherborne Investors LP continues to be an indirect owner of an aggregated 17.87% of the total voting rights of Spirent Communications plc as of the most recent TVR announcement.

14 Contact name:

Craig L. McKibben

15. Contact telephone name:

+1 (212) 735 1000

Additional information

Contact at Issuer: Michael Anscombe, Company Secretary, Spirent Communications plc

Telephone: 01293 767672

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLMGMGMKKVGRZM

Related Shares:

Spirent
FTSE 100 Latest
Value8,457.12
Change39.78