Crawley, UK -- (MARKET WIRE) -- May 22, 2007 --
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached:
Spirent Communications plc
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights - DISPOSAL X
An acquisition or disposal of financial instruments which may result
in the acquisition of shares already issued to which voting rights are
attached
An event changing the breakdown of voting rights
Other (please specify)
3. Full name of person(s) subject to the (i) Lexa BV
notification obligation:
(ii) Goran Ennerfelt (a
non-executive director of
Spirent Communications
plc) has a connected interest
in the shareholding of Lexa
BV. This is due to the
fact that he is President and
Chief Executive Officer
of Axel Johnson AB, a member
of the Axel Johnson Group
which owns Lexa BV.
4. Full name of shareholder(s) (if different
from 3.): -
5. Date of the transaction (and date on
which the threshold is crossed or reached if different): 22 May 2007
6. Date on which issuer notified: 22 May 2007
7. Threshold(s) that is/are crossed or reached: Below 10 %
8. Notified details: Sold 40,400,000 Ordinary
shares
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering transaction
shares the Triggering
transaction
if possible Number of Number of Number of Number of voting rights ix % of voting rights
using the ISIN Shares Voting shares
CODE Rights viii Direct Direct x Indirect xi Direct Indirect
Ordinary shares 90,400,000 90,400,000 50,000,000 50,000,000 N/A 5.67 N/A
ISIN:
GB0004726096
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting
instrument Period/ Date that may be acquired if rights
the instrument is
exercised/ converted.
N/A N/A N/A N/A N/A
Total (A+B)
Number of voting rights % of voting rights
50,000,000 5.67%
9. Chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held, if applicable:
(i) Lexa BV
(ii) Goran Ennerfelt (a non-executive director of Spirent Communications
plc) has a connected interest in the shareholding of Lexa BV. This is due
to the fact that he is President and Chief Executive Officer of Axel
Johnson AB, a member of the Axel Johnson Group which owns Lexa BV.
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to
hold: N/A
12. Date on which proxy holder will cease to hold voting
rights: N/A
13. Additional information: N/A
14. Contact name: Arie Bouman - Managing Director, LEXA BV
15. Contact telephone number: +31 (0)20 471 3438
C: Additional information
Contact at Issuer: Michael Anscombe, Deputy Company Secretary, Spirent Communications plc
Telephone: 01293 767676
This information is provided by RNS
The company news service from the London Stock Exchange