Director/PDMR Shareholding - Replacement

Source: RNS
RNS Number : 8139J
Avast PLC
21 August 2019
 

This announcement amends and replaces the announcement of 'Director/PDMR Shareholding' made by the Company on 20 August 2019 at 13:57GMT, issued under RNS number 6698J. The RNS previously did not cover details of the sale of shares subsequent to the option exercise.  All other details remain unchanged. The full amended text is shown below.

Avast plc
(the "Company")

21 August 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

WARREN FINEGOLD

2

Reason for the notification

a)

Position/status

NON 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

OPTION EXERCISE AND SUBSEQUENT SALE OF SHARES UNDER THE EXISTING SHARE PLAN

c)

Price(s) and volume(s)

OPTION EXERCISE

Price(s)

Volume(s)

GBP 0.6900

388,318

SALE OF SHARES

Price(s)

Volume(s)



£3.6898

388,318



d)

Aggregated information

- Aggregated volume - Price

OPTION EXERCISE

Aggregated volume: 388,318 ORDINARY SHARES

Aggregated price: GBP 267,939.42

SALE OF SHARES

Aggregated volume: 388,318 ORDINARY SHARES

Aggregated price: GBP 1,432,815.76

e)

Date of the transaction

16 August 2019

f)

Place of the transaction

OPTION EXERCISE:

OUTSIDE A TRADING VENUE

SALE OF SHARES:

LONDON STOCK EXCHANGE (XLON)

 

 

 

Alan Rassaby

Company Secretary

Avast Plc.

 

 

 

 


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