29th Nov 2019 13:00
Avast plc(the "Company")
29 November 2019
Director/PDMR Shareholding
The below individual acquired shares under the Avast plc Existing Employee Share Plan referred to in the Company's Prospectus. The vesting of the award was conditional on continued employment or other service with the Avast Group.
The Notification of Dealing Form provided in accordance with the requirements of the Market Abuse Regulation in relation to this transaction is set out below:
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 /Amendment | INITIAL NOTIFICATION | ||||||||||||||||
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 of the financial instrument, type of instrument | ORDINARY SHARES OF GBP 0.10 EACH IN AVAST PLC (ISIN: GB00BDD85M81) | ||||||||||||||||
b) | Nature of the transaction | EXERCISE OF OPTIONS IN RESPECT OF 360,581 SHARES VESTING UNDER THE EXISTING EMPLOYEE SHARE PLAN. SALE OF 174,312 SHARES TO COVER TAX AND OPTION EXERCISE COSTS AND 186,269 SHARES RETAINED. | ||||||||||||||||
c) | Price(s) and volume(s) | OPTION EXERCISE
SHARES SOLD TO DISCHARGE TAX AND OPTION EXERCISE COSTS
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d) | Aggregated information - Aggregated volume - Price |
OPTION EXERCISE
SHARES SOLD TO DISCHARGE TAX AND OPTION EXERCISE COSTS
SHARES RETAINED
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e) | Date of the transaction | 27 November 2019 | ||||||||||||||||
f) | Place of the transaction | OPTION EXERCISE: OUTSIDE OF TRADING VENUE SHARES SOLD TO DISCHARGE TAX AND OPTION EXERCISE COSTS: LONDON STOCK EXCHANGE (XLON) | ||||||||||||||||
Alan Rassaby
Company Secretary
Avast Plc.
Related Shares:
AVST.L