Avast PLC Director/PDMR Shareholding (8330E)
08 July 2019 - 11:53PM
UK Regulatory
TIDMAVST
RNS Number : 8330E
Avast PLC
08 July 2019
Avast Plc
(the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
8 July 2019
Grant of Performance Stock Units under Avast Plc Long Term
Incentive Plan 2018
The following PDMRs have been granted Performance Stock Units
over ordinary shares of 10 p each in the capital of the Company
under the Avast plc Long Term Incentive Plan 2018.
Name Position Total Number of
PSU granted
Chief Executive
Ondrej Vlcek Officer 406,309
----------------- ----------------
Chief Financial
Philip Marshall Officer 182,048
----------------- ----------------
The PSUs will vest on i) 1 July 2022 or ii) following issuance
of 2021 audited financial statements, whichever occurs last,
subject to the satisfaction of performance conditions. The
information below is provided in accordance with the requirements
of Article 19 (3) of the EU Market Abuse Regulation No.
596/2014.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name ONDREJ VLCEK
-------------------- ---------------------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status EXECUTIVE DIRECTOR
-------------------- ---------------------------------------------------------------
b) Initial notification INITIAL NOTIFICATION
/Amendment
-------------------- ---------------------------------------------------------------
3 Details of the issuer
-------------------------------------------------------------------------------------
a) Name Avast plc
-------------------- ---------------------------------------------------------------
b) LEI 213800IR8G8LC2H4BO27
-------------------- ---------------------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been conducted
-------------------------------------------------------------------------------------
a) Description ORDINARY SHARES OF GBP 0.10 EACH IN AVAST PLC (ISIN:
of the financial GB00BDD85M81)
instrument,
type of instrument
-------------------- ---------------------------------------------------------------
b) Nature of GRANT OF PERFORMANCE STOCK UNITS (PSU) OVER SHARES UNDER
the transaction THE LONG TERM INCENTIVE PLAN (BEING RIGHTS TO ACQUIRE
SHARES FOR NO COST). THE PSUs WILL VEST ON I) 1 JULY
2022 OR II) FOLLOWING ISSUANCE OF 2021 AUDITED FINANCIAL
STATEMENTS, WHICHEVER OCCURS LAST, SUBJECT TO THE SATISFACTION
OF PERFORMANCE CONDITIONS.
-------------------- ---------------------------------------------------------------
c) Price(s) Award Type Price(s) Volume(s)
and volume(s)
PSU GBP 0.00 406,309
-------------------- ---------------------------------------------------------------
d) Aggregated Aggregated volume: 406,309
information Aggregated price: GBP 0
- Aggregated
volume -
Price
-------------------- ---------------------------------------------------------------
e) Date of the 3 July 2019
transaction
-------------------- ---------------------------------------------------------------
f) Place of OPTION EXERCISE:
the transaction OUTSIDE A TRADING VENUE
SALE OF SHARES:
LONDON STOCK EXCHANGE (XLON)
-------------------- ---------------------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name PHILIP MARSHALL
-------------------- ---------------------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status EXECUTIVE DIRECTOR
-------------------- ---------------------------------------------------------------
b) Initial notification INITIAL NOTIFICATION
/Amendment
-------------------- ---------------------------------------------------------------
3 Details of the issuer
-------------------------------------------------------------------------------------
a) Name Avast plc
-------------------- ---------------------------------------------------------------
b) LEI 213800IR8G8LC2H4BO27
-------------------- ---------------------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been conducted
-------------------------------------------------------------------------------------
a) Description ORDINARY SHARES OF GBP 0.10 EACH IN AVAST PLC (ISIN:
of the financial GB00BDD85M81)
instrument,
type of instrument
-------------------- ---------------------------------------------------------------
b) Nature of GRANT OF PERFORMANCE STOCK UNITS (PSU) OVER SHARES UNDER
the transaction THE LONG TERM INCENTIVE PLAN (BEING RIGHTS TO ACQUIRE
SHARES FOR NO COST). THE PSUs WILL VEST ON I) 1 JULY
2022 OR II) FOLLOWING ISSUANCE OF 2021 AUDITED FINANCIAL
STATEMENTS, WHICHEVER OCCURS LAST, SUBJECT TO THE SATISFACTION
OF PERFORMANCE CONDITIONS.
-------------------- ---------------------------------------------------------------
c) Price(s) Award Type Price(s) Volume(s)
and volume(s)
PSU GBP 0.00 182,048
-------------------- ---------------------------------------------------------------
d) Aggregated Aggregated volume: 182,048
information Aggregated price: GBP 0
- Aggregated
volume -
Price
-------------------- ---------------------------------------------------------------
e) Date of the 3 July 2019
transaction
-------------------- ---------------------------------------------------------------
f) Place of OPTION EXERCISE:
the transaction OUTSIDE A TRADING VENUE
SALE OF SHARES:
LONDON STOCK EXCHANGE (XLON)
-------------------- ---------------------------------------------------------------
Alan Rassaby
Company Secretary
Avast Plc.
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHXVLFBKDFEBBF
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