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AVATION PLC Remuneration Information 2022

Aug 18, 2022

4886_def-14a_2022-08-18_514184e5-a933-4070-999b-530692068777.html

Remuneration Information

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National Storage Mechanism | Additional information

RNS Number : 5062W

Avast PLC

18 August 2022

Avast plc

(the "Company")

SHAREHOLDING OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR)

18 August 2022

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

Vesting of Performance Stock Units (PSUs) under Avast plc Long Term Incentive Plan 2018 (LTIP)

On 14 March 2019 and 3 July 2019, the Company made a grant of PSUs over ordinary shares of 10p each to the Chief Executive Officer under the LTIP, which vested on 15 August 2022 and were allotted on 17 August 2022.

The following table sets out the number of shares released to the Chief Executive Officer on 17 August 2022:

Name of PDMR Position Date of grant PSUs vesting (PSU shares) Dividend Equivalent shares Total number of shares received
Ondrej Vlcek Chief Executive Officer 14 March 2019 252,728 24,009 276,737
Ondrej Vlcek Chief Executive Officer 3 July 2019 255,690 18,671 274,361
Total 551,098

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

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 0.00 551,098

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 551,098
Aggregated price: GBP 0.00

e)

Date of the transaction

17 August 2022

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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