UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2004
SPIRENT plc
_____________________________________________________________________
(Translation of registrant's name into English)
Spirent House, Crawley Business Quarter, Fleming Way, Crawley, West Sussex
RH10 9QL, UK.
_____________________________________________________________________
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F.....
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ..... No X
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82- ________
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
SPIRENT PLC
2. Name of director
MY E CHUNG
3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
IN RESPECT OF THE DIRECTOR'S HOLDING
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
BANK OF NEW YORK (SEE ADDITIONAL INFORMATION)
5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
N/A
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
EXERCISE OF PURCHASE RIGHTS UNDER THE SPIRENT EMPLOYEE STOCK PURCHASE PLAN
7. Number of shares / amount of stock acquired
17,328
8. Percentage of issued class
0.0018%
9. Number of shares/amount of stock disposed
NIL
10. Percentage of issued class
N/A
11. Class of security
ORDINARY SHARES OF 3 1/3 PENCE EACH (SEE ADDITIONAL INFORMATION)
12. Price per share
14.2375 PENCE
13. Date of transaction
02 JANUARY 2004
14. Date company informed
06 JANUARY 2004
15. Total holding following this notification
88,325 SHARES IN TOTAL, OF WHICH 48,705 ARE BENEFICIALLY HELD AS ADRs AND
39,620 NON-BENEFICIALLY HELD UNDER THE COMPANY'S ANNUAL INCENTIVE BONUS PLAN
16. Total percentage holding of issued class following this notification
0.0093%
If a director has been granted options by the company please complete the
following boxes.
17. Date of grant
02 JANUARY 2004
18. Period during which or date on which exercisable
03 JANUARY 2005
19. Total amount paid (if any) for grant of the option
NIL
20. Description of shares or debentures involved: class, number
13,392 ORDINARY SHARES OF 3 1/3 PENCE
13,392 relates to the number of shares subject to purchase rights UNDER THE
EMPLOYEE STOCK PURCHASE PLAN based on the market price of a Spirent Ordinary
share (less an applicable 15 per cent discount) as at the date of grant.
The FINAL exercise price and number of purchase rights under the PLAN cannot be
determined until maturity (i.e. 12 months following the date of grant).
(SEE ADDITIONAL INFORMATION)
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
IN ACCORDANCE WITH THE RULES OF THE EMPLOYEE STOCK PURCHASE PLAN, THE FINAL
EXERCISE PRICE CANNOT BE DETERMINED UNTIL MATURITY, WHICH IN NORMAL
CIRCUMSTANCES IS 12 MONTHS FROM THE DATE OF GRANT. THE PURCHASE PRICE IS SET AT
A 15% DISCOUNT TO THE MARKET PRICE OF A SPIRENT ORDINARY SHARE ON EITHER THE
FIRST OR LAST DAY OF THE OFFERING PERIOD - WHICHEVER PRICE IS THE LOWER. THE
DISCOUNTED PRICE ON THE FIRST DAY OF THE OFFERING PERIOD WAS 50 PENCE PER
ORDINARY SHARE.
(SEE ADDITIONAL INFORMATION)
22. Total number of shares or debentures over which options held following this
notification
3,127,348 OPTIONS OVER ORDINARY SHARES OF 3 1/3 PENCE
23. Any additional information
THE EMPLOYEE STOCK PURCHASE PLAN IS AN ALL EMPLOYEE SHARE PLAN UNDER WHICH
ELIGIBLE USA EMPLOYEES PARTICIPATE ON A SIMILAR BASIS TO THE UK SAVINGS RELATED
SHARE OPTION SCHEME. ALL OUTSTANDING PURCHASE RIGHTS UNDER THE PLAN ARE
EXERCISED AUTOMATICALLY UPON MATURITY OF THE OFFERING PERIOD. THE AWARD OF
PURCHASE RIGHTS IS MADE UNDER THE TERMS OF THE PLAN AND THE TIMING OF THE AWARD
IS IN ACCORDANCE WITH PREVIOUS AWARDS UNDER THE PLAN.
PURSUANT TO THE OPERATION OF THE PLAN, THE 17,328 ORDINARY SHARES WERE DELIVERED
AS AMERICAN DEPOSITORY RECEIPTS (ADRs) TO THE BANK OF NEW YORK, WHO ARE THE
APPOINTED ADMINISTRATORS OF THE PLAN.
24. Name of contact and telephone number for queries
MICHAEL ANSCOMBE : 01293 767672
25. Name and signature of authorised company official responsible for making
this notification
MICHAEL ANSCOMBE
ASSISTANT COMPANY SECRETARY
Date of Notification
07 JANUARY 2004
The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
______LUKE THOMAS______
(Registrant)
Date 07 January 2004 By ____/s/ Luke Thomas____
(Signature)*