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Spirent Communications PLC — Director's Dealing 2025
Mar 19, 2025
4625_dirs_2025-03-19_07775dca-212b-47dd-948c-327572d01952.html
Director's Dealing
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RNS Number : 3370B
Spirent Communications PLC
19 March 2025
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)
| Price(s) | Volume(s) | |
| i) | GBP 0.00 | 500,011 |
| ii) | GBP 1.8841 | 197,230 |
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)
| Price(s) | Volume(s) | |
| (i) | GBP 0.00 | 279,373 |
| (ii) | GBP 1.8841 | 131,650 |
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
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