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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Spirent Communications Plc | LSE:SPT | London | Ordinary Share | GB0004726096 | ORD 3 1/3P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.40 | 0.21% | 195.00 | 194.60 | 194.90 | 195.00 | 193.60 | 195.00 | 3,878,291 | 16:35:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Communications Equip, Nec | 474.3M | 25.2M | 0.0435 | 44.80 | 1.13B |
TIDMSPT
RNS Number : 6098F
Spirent Communications PLC
19 May 2017
SPIRENT COMMUNICATIONS PLC
Appointment of Non-executive Chairman
London, UK - 19 May 2017: Spirent Communications plc ("Spirent", the "Company" or the "Group") (LSE: SPT), a leading communications technology company, today announces that Bill Thomas will become Non-executive Chairman of the Board with effect from 19 May 2017.
Bill, who joined Spirent as a Non-executive Director on 1 December 2016, has wide-ranging experience of leading highly complex services businesses and technology-led organisations. His career has included senior management positions at Hewlett Packard Enterprise Services and serving in multiple roles over 20 years at EDS. He is currently a non-executive director of The Co-operative Bank plc, serves on the advisory board of cyber security specialist FireEye Inc.
Commenting, Jonathan Silver, Senior Independent Non-executive Director of Spirent and Acting Chairman of the Nomination Committee in respect of the Chairman search, said:
"After a rigorous search process, which involved an independent recruitment adviser, my fellow directors and I are confident that Bill has the skills and experience needed to ensure effective leadership of the Board. Bill has a strong technology background and extensive international experience which will be of great benefit to the Board and the Group."
Commenting, Bill Thomas said:
"I am delighted to be appointed as Chairman of Spirent. It is an exciting time for the business as it focuses on its key areas of High Speed Ethernet, Network Assurance and Cyber Security Test. Spirent has market leading technology and strong, established customer relationships. It has a platform capable of delivering future growth. I look forward to working with everyone at Spirent to realise its potential."
There are no additional disclosures to be made pursuant to Listing Rule 9.6.13.
- ends -
Enquiries
Eric Hutchinson, Chief Spirent Communications +44 (0)1293 Executive Officer plc 767676 Paula Bell, Chief Financial Officer James Melville Ross/Emma +44 (0)20 Appleton FTI Consulting 3727 1000
About Spirent Communications plc
Spirent Communications plc is a global leader in test and measurement inspiring innovation within development labs, communication networks and IT organisations. We enable today's communication ecosystem as well as tomorrow's emerging enterprises to deploy life enriching communications networks, devices, services and applications. Further information about Spirent Communications plc can be found at http://corporate.spirent.com/.
Spirent Communications plc Ordinary Shares are traded on the London Stock Exchange (ticker: SPT). 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 company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
May 19, 2017 02:00 ET (06:00 GMT)
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