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AVATION PLC Remuneration Information 2021
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 2918P
Avast PLC
15 October 2021
Avast plc
(the "Company")
SHAREHOLDING OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR)
15 October 2021
Avast plc notifies the London Stock Exchange (LSE) of PDMR interests in securities of Avast plc.
Vesting of Performance Stock Units (PSUs) under Avast plc Long Term Incentive Plan 2018 (LTIP)
On 19 June 2018, the Company made a grant of PSUs over ordinary shares of 10p each to the Chief Executive Officer under the LTIP, which vested on 11 August 2021 and were allotted on 23 September 2021. The Chief Executive Officer is required to retain the PSU shares released (after any sales to discharge tax liabilities) for a two-year holding period following the vesting.
The following table sets out the number of shares released to the Chief Executive Officer on 23 September:
| Name of PDMR | Position | PSUs vesting (PSU shares) | Dividend Equivalent shares | Total number of shares received |
| Ondrej Vlcek | Chief Executive Officer | 362,339 | 19,562 | 381,901 |
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
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
Vesting of Performance Stock Units (PSUs) over shares under the Avast plc Long Term Incentive Plan 2018.
c)
Price(s) and volume(s)
| Award Type | Price(s) | Volume(s) |
| PSU | GBP 0.00 | 381,901 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated volume: | 381,901 |
| Aggregated price: | GBP 0.00 |
e)
Date of the transaction
23 September 2021
f)
Place of the transaction
Outside a trading venue
Trudy Cooke
Company Secretary
Avast plc
LEI: 213800IR8G8LCZH4BO27
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