Spirent Communications PLC Annual Report 2018 Remuneration Policy Correction (1815G)
19 Luglio 2019 - 5:32PM
UK Regulatory
TIDMSPT
RNS Number : 1815G
Spirent Communications PLC
19 July 2019
19 July 2019
SPIRENT COMMUNICATIONS PLC
("Spirent" or the "Company")
Annual Report 2018 - Remuneration Policy Correction
An incorrect version of the Company's Annual Report for the
period ended 31 December 2018 was made available on the Company's
website and filed with the National Storage Mechanism on 27 March
2019.
The incorrect version contained an error related to the
Company's Remuneration Policy and its statement regarding the
application of malus and clawback to executive remuneration (page
90 of the 2018 Annual Report).
The final paragraph of this section should read:
"Clawback may be applied for up to two years following cash
payment of an Annual Incentive and vesting under the LTIP, and up
to three years following the granting of awards under the Company's
deferred bonus arrangements."
In compliance with Listing Rule 9.6.1R, the corrected 2018
Annual Report has today been submitted to the National Storage
Mechanism and will shortly be available for inspection at
www.morningstar.co.uk/uk/NSM and is also available in the Investors
section of the Spirent Communications plc website at
http://corporate.spirent.com/ .
Note: printed copies of the Company's 2018 Annual Report which
were mailed to shareholders on 27 March 2019 contained the correct
text and will not be replaced.
Enquiries
Angus Iveson Spirent Communications
Company Secretary plc +44 (0)1293 767676
About Spirent Communications plc
Spirent Communications plc (LSE: SPT) offers test, measurement,
analytics and assurance solutions for next-generation devices and
networks. Spirent provides products, services and information
solutions for high-speed Ethernet, positioning mobile network
infrastructure markets, with expanding focus on service assurance,
cybersecurity and 5G. Spirent is accelerating the transition of
connected devices, network equipment and applications from
development labs to the operational network, as it continues to
innovate toward fully-automated testing and autonomous service
assurance solutions. Further information about Spirent
Communications plc can be found at
https://corporate.spirent.com/.
Spirent Communications plc Ordinary Shares are traded on the
London Stock Exchange (ticker: SPT; LEI: 213800HKCUNWP1916L38). The
Company operates a Level 1 American Depositary Receipt (ADR)
programme with each ADR representing four Spirent Communications
plc Ordinary Shares. The ADRs trade in the US over-the-counter
(OTC) market under the symbol SPMYY and the CUSIP number is
84856M209. Spirent ADRs are quoted on the Pink OTC Markets
electronic quotation service which can be found at
http://www.otcmarkets.com/marketplaces/otc-pink.
Spirent and the Spirent logo are trademarks or registered
trademarks of Spirent Communications plc. All other trademarks or
registered trademarks mentioned herein are held by their respective
companies. All rights reserved.
Cautionary statement regarding forward-looking statements
This document may contain forward-looking statements which are
made in good faith and are based on current expectations or
beliefs, as well as assumptions about future events. You can
sometimes, but not always, identify these statements by the use of
a date in the future or such words as "will", "anticipate",
"estimate", "expect", "project", "intend", "plan", "should", "may",
"assume" and other similar words. By their nature, forward-looking
statements are inherently predictive and speculative and involve
risk and uncertainty because they relate to events and depend on
circumstances that will occur in the future. You should not place
undue reliance on these forward-looking statements, which are not a
guarantee of future performance and are subject to factors that
could cause our actual results to differ materially from those
expressed or implied by these statements. The Company undertakes no
obligation to update any forward-looking statements contained in
this document, whether as a result of new information, future
events or otherwise.
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 rns@lseg.com or visit www.rns.com.
END
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