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REG - Spirent Comms. PLC - Director/PDMR Shareholding

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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  Ordinary shares of 3 1/3 pence each

     Identification code

                                              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                  1,064,067 at GBP 0.00

     -     price                              55,054 at GBP 1.882

 e)  Date of the transaction                  12 March 2025

 f)  Place of the transaction                 Outside a trading venue

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  Ordinary shares of 3 1/3 pence each

     Identification code

                                              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                  538,204

     -     price                              GBP 0.00

 e)  Date of the transaction                  12 March 2025

 f)  Place of the transaction                 Outside a trading venue

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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