Source - RNS
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.

 

 


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