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Spirent Communications PLC — Director's Dealing 2025
Mar 13, 2025
4625_dirs_2025-03-13_af67ef1c-8eeb-4e87-9c08-e339d3061251.html
Director's Dealing
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RNS Number : 5831A
Spirent Communications PLC
13 March 2025
SPIRENT COMMUNICATIONS PLC
13 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 at nil cost arising from Deferred Bonus Plan including dividend equivalents.
ii) Sale of shares in market to cover tax and social security liabilities.
iii) Award of Restricted Shares under the LTIP.
iv) Award of Restricted Shares under the Deferred Bonus Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| i) GBP 0.00 | 139,423 |
| ii) GBP 1.882 | 55,054 |
| iii) GBP 0.00 | 772,725 |
| iv) GBP 0.00 | 151,919 |
d)
Aggregated information
- Aggregated volume
- price
1,064,067 at GBP 0.00
55,054 at GBP 1.882
e)
Date of the transaction
12 March 2025
f)
Place of the transaction
Outside a trading venue
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 at nil cost arising from Deferred Bonus Plan including dividend equivalents.
ii) Award of Restricted Shares under the LTIP.
iii) Award of Restricted Shares under the Deferred Bonus Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| i) GBP 0.00 | 74,715 |
| ii) GBP 0.00 | 390,392 |
| iii) GBP 0.00 | 73,097 |
d)
Aggregated information
- Aggregated volume
- price
538,204
GBP 0.00
e)
Date of the transaction
12 March 2025
f)
Place of the transaction
Outside a trading venue
Following the above transactions, these individuals held the following total beneficial interests in shares and 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 | 1,085,148 | 3,201,047 |
| Paula Bell | 700,389 | 1,613,527 |
Enquiries
Steve Hornbuckle, Deputy Company Secretary
Spirent Communications plc
+44 (0)1293 767676
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