17th Oct 2007 07:20
Spirent Communications PLC17 October 2007 SPIRENT COMMUNICATIONS PLC Close Period share repurchase programme London, UK - 17 October 2007: Spirent Communications plc ("the Company") (LSE:SPT), a leading communications technology company announces that it has put inplace an irrevocable, non-discretionary programme allowing the repurchase of itsshares, during the prohibited period which precedes the announcement of theresults of the strategic review. The programme commences on 17 October 2007 andruns up to and including 2 November 2007. Any shares repurchased will be held astreasury shares. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both the Company's general authority to repurchase shares andChapter 12 of the Listing Rules which requires that the minimum price paid to belimited to no more than 105 per cent of the average middle market closing priceof the Company's shares for the 5 dealing days preceding the date of purchase.The Company confirms that it currently has no unpublished price sensitiveinformation. - ends - Enquiries Michael Anscombe Spirent Communications plc +44 (0)1293 767672Company Secretary About Spirent Communications plc Spirent Communications plc is a leading communications technology companyfocused on delivering innovative systems and services to meet the needs ofcustomers worldwide. We are a global provider of performance analysis andservice assurance solutions that enable the development and deployment ofnext-generation networking technologies such as broadband services, Internettelephony, 3G wireless and web applications and security testing. The Systemsgroup develops power control systems for specialist electrical vehicles in themobility and industrial markets. Further information about SpirentCommunications plc can be found at www.spirent.com. Spirent Communications plc Ordinary shares are traded on the London StockExchange (ticker: SPT). The Company operates a Level 1 American DepositaryReceipt ("ADR") programme with each ADR representing four Spirent Communicationsplc Ordinary shares. The ADRs trade in the US over-the-counter market under thesymbol SPMYY and the CUSIP number is 84856M209. Spirent and the Spirent logo are trademarks or registered trademarks of SpirentCommunications plc. All other trademarks or registered trademarks mentionedherein are held by their respective companies. All rights reserved. This document may contain forward-looking statements which are made in goodfaith and are based on current expectations or beliefs, as well as assumptionsabout future events. You can sometimes, but not always, identify thesestatements by the use of a date in the future or such words as "will", "anticipate", "estimate", "expect", "project", "intend", "plan", "should","may", "assume" and other similar words. By their nature, forward-lookingstatements are inherently predictive and speculative and involve risk anduncertainty because they relate to events and depend on circumstances that willoccur in the future. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance and aresubject to factors that could cause our actual results to differ materially fromthose expressed or implied by these statements. The Company undertakes noobligation to update any forward-looking statements contained in those document,whether as a result of new information, future events or otherwise. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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