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AVATION PLC Director's Dealing 2021

Mar 30, 2021

4886_dirs_2021-03-30_39dcd8e7-6507-4974-af42-ce2e6f678ab3.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 0034U

Avast PLC

30 March 2021

Avast plc

(the "Company")

SHAREHOLDING OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED (PCAs)

30 March 2021

Avast plc notifies the London Stock Exchange (LSE) of PDMR and PCA interests in securities of Avast plc.

Avast plc has been notified that the Company's CEO, Ondrej Vlcek has transferred, by way of a gift, 10 million ordinary shares in the Company to the Vlcek Family Foundation.

The information below is provided in accordance with Regulation (EU) 596/2014 (the EU Market Abuse Regulation) as it forms part of English law pursuant to the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ondrej Vlcek

2

Reason for the notification

a)

Position / status

CEO

b)

Initial notification / Amendment

Initial Notification  

3

Details of the issuer

a)

Name

Avast plc

b)

LEI

213800IR8G8LCZH4BO27     

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: GB00BDD85M8)

b)

Nature of the transaction

Disposal of Ordinary shares as a gift for nil consideration to Vlcek Family Foundation, Person Closely Associated to Ondrej Vlcek

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 10,000,000

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 10,000,000
Aggregated price: Nil

e)

Date of the transaction

26 March 2021

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Vlcek Family Foundation

2

Reason for the notification

a)

Position / status

Vlcek Family Foundation is a person closely associated with Avast plc's Executive Director, Ondrej Vlcek who is a director and person discharging managerial responsibilities of Avast plc.

b)

Initial notification / Amendment

Initial Notification 

3

Details of the issuer

a)

Name

Avast plc

b)

LEI

213800IR8G8LCZH4BO27     

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: GB00BDD85M8)

b)

Nature of the transaction

Receipt of Ordinary shares as a gift from Ondrej Vlcek for nil consideration

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil 10,000,000

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 10,000,000
Aggregated price: Nil

e)

Date of the transaction

26 March 2021

f)

Place of the transaction

Outside a trading venue

Trudy Cooke

Company Secretary

Avast plc

LEI: 213800IR8G8LCZH4BO27

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END

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