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Director/PDMR Shareholding

25th Mar 2020 12:09

RNS Number : 5728H
Avast PLC
25 March 2020
 

Avast plc(the "Company")

25 March 2020

Director/PDMR Shareholding

The below individual acquired shares by exercising his vested share options 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

ONDREJ VLCEK

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

CASH EXERCISE UNDER THE EXISTING SHARE PLAN

c)

Price(s) and volume(s)

Option volume(s)

Option exercise price(s)

1,456,280

£0.8800

2,912,917

£1.3600

d)

Aggregated information

- Aggregated volume - Price

Aggregated volume: 4,369,197 ORDINARY SHARES

Aggregated price: GBP 5,243,093.52

e)

Date of the transaction

23 March 2020

f)

Place of the transaction

OUTSIDE THE TRADING VENUE

 

 

 

Alan Rassaby

Company Secretary

Avast Plc.

LEI Number: 213800IR8G8LC2H4BO27

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 [email protected] or visit www.rns.com.
 
END
 
 
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