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Spirent Communications PLC Remuneration Information 2018

May 24, 2018

4625_dirs_2018-05-24_f9d4b74c-58d6-4107-88bc-84f0a6f6ef46.html

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.

END

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