BBGI Global Infrastructure S.A. Director/PDMR Shareholding
16 May 2024 - 4:00PM
RNS Regulatory News
RNS Number : 6304O
BBGI Global Infrastructure S.A.
16 May 2024
16
May 2024
BBGI Global Infrastructure
S.A.
(the
"Company")
Notification of transactions
by persons discharging managerial responsibilities ("PDMR") and
persons closely associated with them ("PCA")
Notification is given that the LTIP
awards for 2020-2023 originally granted on 23 December 2020 have
vested and that the relevant number of shares in the Company have
been transferred out of treasury to the relevant participants on 15
May 2024, in accordance with the rules of the LTIP and the relevant
performance criteria. Notification is further given that the STIP
awards for the financial year ended 31 December 2023, one third of
which was to be settled in shares, after taking into account any
tax liability, have also vested and the relevant number of shares
have been transferred out of treasury to the participants on 15 May
2024. No payment by the participants was required for the grant of
the awards, on vesting, or on transfer of the relevant shares out
of treasury.
The individual vested awards to
PDMRs were as follows;
|
Director/PDMR
|
Total Vested Shares - LTIP
Award
|
Total Vested Shares -STIP
Award
|
|
Duncan
Ball - CEO
|
574,165
|
140,929
|
|
Michael
Denny - CFOO
|
286,394
|
87,707
|
|
Total
Shares
|
860,559
|
228,636
|
A portion of the above awards were
settled in cash in order to realise sufficient funds to settle
resultant tax and social security liabilities arising from the
vesting, with only the net number of shares being transferred to
each individual as follows;
|
Director/PDMR
|
Total Shares Transferred out
of Treasury
|
|
Duncan
Ball - CEO
|
376,430
|
|
Michael
Denny - CFO
|
222,974
|
|
Total
Shares
|
599,404
|
The resulting holdings of each of the
individuals are as follows:
|
Director /
PDMR
|
Shares held as at 15 May
2024
|
|
Duncan
Ball
(CEO /
Management Board Director)
|
1,447,788
|
|
Michael
Denny
(CFOO /
Management Board Director)
|
873,459
|
.
Director / PDMR
Shareholding
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Duncan
Ball
|
|
2.
|
Reason for the notification
|
|
a.
|
Position / Status
|
Management Board Director / CEO
|
|
b.
|
Initial Notification /
Amendment
|
Initial
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
BBGI
Global Infrastructure S.A.
|
|
b.
|
LEI
|
529900CV0RWCOP5YHK95
|
|
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 of the financial
instrument, type of instrument
Identification code
|
Ordinary
Shares - No Par Value
ISIN -
LU0686550053
|
|
b.
|
Nature of the transaction
|
1. Transfer of treasury shares pursuant to 2020-23
LTIP
2. Transfer of treasury shares pursuant to
FY2023 STIP
|
|
c.
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
1. Nil
|
297,704
|
|
2. Nil
|
78,726
|
|
Total
|
376,430
|
|
|
d.
|
Aggregated information
- Aggregated volume
- Price
-Total Value
|
As in 4
c) above
|
|
e.
|
Date of the transaction
|
15
May 2024
|
|
f.
|
Place of the transaction
|
n/a
|
Director / PDMR
Shareholding
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Michael
Denny
|
|
2.
|
Reason for the notification
|
|
a.
|
Position / Status
|
Management Board Director / CFO
|
|
b.
|
Initial Notification /
Amendment
|
Initial
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
BBGI
Global Infrastructure S.A.
|
|
b.
|
LEI
|
529900CV0RWCOP5YHK95
|
|
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 of the financial
instrument, type of instrument
Identification code
|
Ordinary
Shares - No Par Value
ISIN -
LU0686550053
|
|
b.
|
Nature of the transaction
|
1. Transfer of treasury shares pursuant to 2020-23
LTIP
2. Transfer of treasury shares pursuant to FY2023
STIP
|
|
c.
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
1. Nil
|
168,393
|
|
2. Nil
|
54,581
|
|
Total
|
222,974
|
|
|
d.
|
Aggregated information
- Aggregated volume
- Price
-Total Value
|
As in 4
c) above
|
|
e.
|
Date of the transaction
|
15
May 2024
|
|
f.
|
Place of the transaction
|
n/a
|
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