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AVATION PLC — Director's Dealing 2019
Nov 29, 2019
4886_dirs_2019-11-29_952c3505-dbdb-4a91-a412-8016b2d3f049.html
Director's Dealing
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RNS Number : 1870V
Avast PLC
29 November 2019
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
| Price(s) | Volume(s) |
| GBP 2.1300 | 360,581 |
SHARES SOLD TO DISCHARGE TAX AND OPTION EXERCISE COSTS
| Price(s) | Volume(s) |
| GBP 4.4216 | 174,312 |
d)
Aggregated information
- Aggregated volume - Price
| Aggregated volume: 360,581 ORDINARY SHARES |
| Aggregated price: GBP 768,037.53 |
OPTION EXERCISE
SHARES SOLD TO DISCHARGE TAX AND OPTION EXERCISE COSTS
| Aggregated volume: 174,312 ORDINARY SHARES |
| Aggregated price: GBP 770,737.94 |
SHARES RETAINED
Aggregated volume: 186,269 ORDINARY SHARES
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.
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.
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