20th Jul 2018 15:03
Avast Plc
(the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
20 July 2018
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 |
Vincent Steckler | Chief Executive Officer | 1,366,120 |
Philip Marshall | Chief Financial Officer | 627,960 |
Ondrej Vlcek | Chief Technology Officer | 538,707 |
The PSUs will vest on 19 June 2021 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 | VINCENT STECKLER | |||||||||
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)
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b) | Nature of the transaction | GRANT OF PERFORMANCE STOCK UNITS (PSU) OVER SHARES UNDER THE LONG TERM INCENTIVE PLAN (BEING RIGHTS TO ACQUIRE SHARES FOR NO COST) THE PSUs WILL VEST ON 19 JUNE 2021 SUBJECT TO THE SATISFACTION OF PERFORMANCE CONDITIONS.
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 19 JUNE 2018 | |||||||||
f) | Place of the transaction | OUTSIDE OF TRADING VENUE
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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)
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b) | Nature of the transaction | GRANT OF PERFORMANCE STOCK UNITS (PSU) OVER SHARES UNDER THE LONG TERM INCENTIVE PLAN (BEING RIGHTS TO ACQUIRE SHARES FOR NO COST) THE PSUs WILL VEST ON 19 JUNE 2021 SUBJECT TO THE SATISFACTION OF PERFORMANCE CONDITIONS.
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 19 JUNE 2018 | |||||||||
f) | Place of the transaction | OUTSIDE OF TRADING VENUE
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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)
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b) | Nature of the transaction | GRANT OF PERFORMANCE STOCK UNITS (PSU) OVER SHARES UNDER THE LONG TERM INCENTIVE PLAN (BEING RIGHTS TO ACQUIRE SHARES FOR NO COST) THE PSUs WILL VEST ON 19 JUNE 2021 SUBJECT TO THE SATISFACTION OF PERFORMANCE CONDITIONS.
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 19 JUNE 2018 | |||||||||
f) | Place of the transaction | OUTSIDE OF TRADING VENUE
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Alan Rassaby
Company Secretary
Avast Plc.
Related Shares:
AVST.L