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Spirent Communications PLC — Remuneration Information 2018
May 24, 2018
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Remuneration Information
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RNS Number : 2490P
Spirent Communications PLC
24 May 2018
SPIRENT COMMUNICATIONS PLC
24 May 2018
DIRECTOR / PDMR SHAREHOLDING: 2018 LONG-TERM INCENTIVE AWARDS
The Company confirms that on 22 May 2018, awards were made to Directors / Persons Discharging Managerial Responsibility under the Spirent Long-term Incentive Plan as follows:
1.
Details of PDMR / person closely associated
Name
Eric Hutchinson
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
Award of Performance Shares (nil-cost options) under the Spirent Long-term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.00 | 549,822 |
d)
Aggregated information
- Aggregated volume
- price
549,822
0.00
e)
Date of the transaction
22 May 2018
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
Chief Financial Officer
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
Award of Performance Shares (nil-cost options) under the Spirent Long-term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.00 | 302,402 |
d)
Aggregated information
- Aggregated volume
- price
302,402
0.00
e)
Date of the transaction
22 May 2018
f)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated
Name
Angus Iveson
2.
Reason for the notification
a)
Position / status
Company Secretary & General Counsel
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
Award of Restricted Stock Units under the Spirent Long-term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.00 | 58,647 |
d)
Aggregated information
- Aggregated volume
- price
58,647
0.00
e)
Date of the transaction
22 May 2018
f)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated
Name
Bill Mortimer
2.
Reason for the notification
a)
Position / status
EVP, Strategic Marketing
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
Award of Restricted Stock Units under the Spirent Long-term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.00 | 69,069 |
d)
Aggregated information
- Aggregated volume
- price
69,069
0.00
e)
Date of the transaction
22 May 2018
f)
Place of the transaction
Outside a trading venue
1.
Details of PDMR / person closely associated
Name
Nigel Wright
2.
Reason for the notification
a)
Position / status
EVP, Global Sales
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
Award of Restricted Stock Units under the Spirent Long-term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.00 | 104,663 |
d)
Aggregated information
- Aggregated volume
- price
104,663
0.00
e)
Date of the transaction
22 May 2018
f)
Place of the transaction
Outside a trading venue
Following this notification, the individuals listed above hold options over the following total number of shares:
| Director / PDMR | Total number of shares over which options held |
| Eric Hutchinson | 1,840,054 |
| Paula Bell | 874,746 |
| Angus Iveson | 162,420 |
| Bill Mortimer | 238,646 |
| Nigel Wright | 452,181 |
Enquiries
Michelle Balch Spirent Communications plc +44 (0)1293 767676
Deputy Company Secretary
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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