25th May 2007 15:03
Spirent Communications PLC25 May 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing Spirent Communications plcshares to which voting rights are attached(ii): 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights x An acquisition or disposal of financial instruments which may result in the acquisition ofshares already issued to which voting rights are attached An event changing the breakdown of voting rightsOther (please specify):___________________________________________ 3. Full name of person(s) subject to the notification obligation Lehman Brothers International (Europe)(iii): 4. Full name of shareholder(s) (if different from 3.)(iv): N/A 5. Date of the transaction (and date on which the threshold is 22 May 2007crossed or reached if different)(v): 6. Date on which issuer notified: 24 May 2007 7. Threshold(s) that is/are crossed or reached: 4% 8. Notified details: N/A A: Voting rights attached to sharesClass/type of Situation previous to the Resulting situation after the triggering transaction(vii)shares Triggering transaction (vi)if possible using Number of Number of Number of Number of voting rights % of voting rightsthe ISIN CODE Shares Voting shares ix Rights viii Direct Direct x Indirect xi Direct Indirect Ordinary Shares 34,174,456 34,174,456 35,736,167 35,736,167 N/A 4.06% N/A GB0004726096 B: Financial InstrumentsResulting situation after the triggering transaction xiiType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument xiii Period/ Date xiv that may be acquired if rights the instrument is exercised/ converted. N/A Total (A+B)Number of voting rights % of voting rights 35,736,167 4.06% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv: N/A Proxy Voting: 10. Name of the 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 N/Arights: 13. Additional information: N/A 14. Contact name: Tara O'Hagan 15. Contact telephone number: +44 (0) 20 7102 1832 C: Additional information Contact at Issuer: Michael Anscombe, Deputy Company Secretary, Spirent Communications plc Telephone: 01293 767672 -------------------------- NOTES: (i) This form is to be sent to the issuer or underlying issuer and tobe filed with the competent authority. (ii) Either the full name of the legal entity or another method foridentifying the issuer or underlying issuer, provided it is reliable andaccurate. (iii) This should be the full name of (a) the shareholder; (b) theperson acquiring, disposing of or exercising voting rights in the cases providedfor in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to inDTR5.2.1 (a), or (d) the direct or indirect holder of financial instrumentsentitled to acquire shares already issued to which voting rights are attached,as appropriate. In relation to the transactions referred to in points DTR5.2.1 (b) to (h), thefollowing list is provided as indication of the persons who should be mentioned: - in the circumstances foreseen in DTR5.2.1 (b), the person thatacquires the voting rights and is entitled to exercise them under the agreementand the natural person or legal entity who is transferring temporarily forconsideration the voting rights; - in the circumstances foreseen in DTR 5.2.1 (c), the person holdingthe collateral, provided the person or entity controls the voting rights anddeclares its intention of exercising them, and person lodging the collateralunder these conditions; - in the circumstances foreseen in DTR5.2.1(d), the person who has alife interest in shares if that person is entitled to exercise the voting rightsattached to the shares and the person who is disposing of the voting rights whenthe life interest is created; - in the circumstances foreseen in DTR5.2.1 (e), the parentundertaking and, provided it has a notification duty at an individual levelunder DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of thosesituations, the controlled undertaking; - in the circumstances foreseen in DTR5.2.1 (f), the deposit taker ofthe shares, if he can exercise the voting rights attached to the sharesdeposited with him at his discretion, and the depositor of the shares allowingthe deposit taker to exercise the voting rights at his discretion; - in the circumstances foreseen in DTR5.2.1 (g), the person thatcontrols the voting rights; - in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, ifhe can exercise the voting rights at his discretion, and the shareholder who hasgiven his proxy to the proxy holder allowing the latter to exercise the votingrights at his discretion. (iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). Thisshould be the full name of the shareholder or holder of financial instrumentswho is the counterparty to the natural person or legal entity referred to inDTR5.2. (v) The date of the transaction should normally be, in the case of anon exchange transaction, the date on which the matching of orders occurs; in thecase of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which theacquisition, disposal or possibility to exercise voting rights takes effect (seeDTR 5.1.1R (3)). For passive crossings, the date when the corporate event tookeffect. These dates will usually be the same unless the transaction is subject to acondition beyond the control of the parties. (vi) Please refer to the situation disclosed in the previousnotification, In case the situation previous to the triggering transaction wasbelow 3%, please state 'below 3%'. vii If the holding has fallen below the minimum threshold , thenotifying party should not be obliged to disclose the extent of the holding,only that the new holding is less than 3%. For the case provided for in DTR5.2.1(a), there should be no disclosure ofindividual holdings per party to the agreement unless a party individuallycrosses or reaches an Article 9 threshold. This applies upon entering into,introducing changes to or terminating an agreement. viii Direct and indirect ix In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the votingrights number and percentage into the direct and indirect columns-if there is nocombined holdings, please leave the relevant box blank. X Voting rights attached to shares in respect of which the notifyingparty is a direct shareholder (DTR 5.1) xi Voting rights held by the notifying party as an indirectshareholder (DTR 5.2.1) xii If the holding has fallen below the minimum threshold, the notifyingparty should not be obliged to disclose the extent of the holding, only that thenew holding is below 3%. xiii date of maturity / expiration of the finical instrument i.e. thedate when the right to acquire shares ends. xiv If the financial instrument has such a period-please specify theperiod- for example once every three months starting from the (date) xv The notification should include the name(s) of the controlledundertakings through which the voting rights are held. The notification shouldalso include the amount of voting rights and the percentage held by eachcontrolled undertaking, insofar as individually the controlled undertaking holds3% or more, and insofar as the notification by the parent undertaking isintended to cover the notification obligations of the controlled undertaking. xvi This annex is only to be filed with the competent authority. xvii Whenever another person makes the notification on behalf of theshareholder or the natural person/legal entity referred to in DTR5.2 andDTR5.3. *************************************************************************** This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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