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, 2003
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- ________
London Stock Exchange
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED
PERSONS
All relevant boxes should be completed in typed block capital letters.
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 director named in 2 above or 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 company 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
22,400 SHARES
8 Percentage of issued
Class
0.00238%
9 Number of shares/amount of stock disposed
NIL
10 Percentage of Issued
Class
N/A
11 Class of security
Ordinary shares of 3 1/3p each
(SEE ADDITIONAL INFORMATION)
12 Price per share
14.25 PENCE
13 Date of transaction
02 JAN 2003
14 Date company informed
08 JAN 2003
15 Total holding following this notification
70,997 SHARES IN TOTAL, OF WHICH 31,377 ARE BENEFICIALLY HELD AS ADRs
AND 39,620 NON-BENEFICIALLY HELD UNDER THE COMPANY'S ANNUAL BONUS
INCENTIVE PLAN
16 Total percentage holding of issued class following this notification
0.00753%
If a director has been granted options by the company please complete the
following boxes.
17 Date of grant
02 JAN 2003
18 Period during which or date on which exercisable
02 JAN 2004
19 Total amount paid (if any) for grant of the option
NIL
20 Description of shares or debentures involved: class, number
17,653 ORDINARY SHARES OF 3 1/3 PENCE
The exercise price and number of purchase rights under the PLAN
cannot be determined until maturity (i.e. 12 months following the
date of grant). 17,653 relates to the number of shares subject to
purchase rights based on the market price of a Spirent Ordinary share
(less an applicable 15 per cent discount) as at 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 14.25 PENCE. (SEE
ADDITIONAL INFORMATION)
22 Total number of shares or debentures over which options held
following this notification
1,906,609 OPTIONS OVER ORDINARY SHARES OF 3 1/3P 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 OUSTANDING PURCHASE RIGHTS
UNDER THE PLAN ARE EXERCISED AUTOMATICALLY UPON MATURITY OF THE
OFFERING PERIOD. PURSUANT TO THE OPERATION OF THE PLAN, THE 22,400
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
LUKE THOMAS- 01293 767658
25 Name and signature of authorised company official
Responsible for making this notification
Luke Thomas - Deputy Company Secretary
Date of notification .8 JAN 2003
London Stock Exchange, Company Announcements Office, Old Broad Street, London
EC2N 1HP
Facsimile: 020 7588 6057, 020 7334 8964/8965/8966 (PLEASE DO NOT POST)
Enquiries: Continuing obligations: Telephone: 020 7797 3850/1639/1972/3150
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___January 8, 2003____ By ____/s/ Luke Thomas____
(Signature)*