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AVATION PLC Director's Dealing 2019

Jul 8, 2019

4886_dirs_2019-07-08_93da1615-052c-49fa-b716-2f01df4a9536.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 8333E

Avast PLC

08 July 2019

Avast plc

(the "Company")

8 July 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

ERWIN GUNST

2

Reason for the notification

a)

Position/status

NON 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

OPTION EXERCISE AND SUBSEQUENT SALE OF SHARES UNDER THE EXISTING SHARE PLAN

c)

Price(s) and volume(s)

OPTION EXERCISE

Price(s) Volume(s)
GBP 0.6500 302,371
GBP 0.6900 388,318

SALE OF SHARES

Price(s) Volume(s)
GBP 3.1780 690,689

d)

Aggregated information

- Aggregated volume - Price

OPTION EXERCISE
Aggregated volume: 690,689 ORDINARY SHARES
Aggregated price: GBP 464,480.57

SALE OF SHARES

Aggregated volume: 690,689 ORDINARY SHARES
Aggregated price: GBP 2,195,009.64

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)

Alan Rassaby

Company Secretary

Avast Plc.

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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