8th Jul 2019 14:53
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 |
Ondrej Vlcek | Chief Executive Officer | 406,309 |
Philip Marshall | Chief Financial 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 /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 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) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 3 July 2019 | |||||||||
f) | Place of the transaction | OPTION EXERCISE: OUTSIDE A TRADING VENUE SALE OF SHARES: LONDON STOCK EXCHANGE (XLON)
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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)
| |||||||||
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 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) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
| |||||||||
e) | Date of the transaction | 3 July 2019 | |||||||||
f) | Place of the transaction | OPTION EXERCISE: OUTSIDE A TRADING VENUE SALE OF SHARES: LONDON STOCK EXCHANGE (XLON)
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Alan Rassaby
Company Secretary
Avast Plc.
Related Shares:
AVST.L