Avast PLC Director/PDMR Shareholding - Replacement (0227U)

TIDMAVST

RNS Number : 0227U

Avast PLC

20 November 2019

This announcement amends and replaces the announcement of 'Director/PDMR Shareholding' made by the Company on 19 November 2019 at 16:06 GMT, issued under RNS number 9579T. There was no subsequent sale of shares as announced by the RNS referred to above. All other details remain unchanged. The full amended text is shown below.

Avast plc

(the "Company")

20 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                  PHIL MARSHALL 
     --------------------  ---------------------------------------------------- 
2    Reason for the notification 
     -------------------------------------------------------------------------- 
a)   Position/status       EXECUTIVE DIRECTOR 
     --------------------  ---------------------------------------------------- 
b)   Initial notification  AMENDMENT 
      /Amendment 
     --------------------  ---------------------------------------------------- 
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 
     -------------------------------------------------------------------------- 
     Description           ORDINARY SHARES OF GBP 0.10 EACH IN AVAST PLC (ISIN: 
 a)   of the financial      GB00BDD85M81) 
      instrument, 
      type of instrument 
     --------------------  ---------------------------------------------------- 
b)   Nature of             OPTION EXERCISE 
      the transaction 
     --------------------  ---------------------------------------------------- 
c)   Price(s)               Price(s)     Volume(s) 
      and volume(s) 
                             GBP 2.1300   125,000 
     --------------------  ---------------------------------------------------- 
d)   Aggregated              Aggregated volume: 125,000 ORDINARY SHARES 
      information             Aggregated price: GBP 266,250 
      - Aggregated 
      volume - 
      Price 
     --------------------  ---------------------------------------------------- 
e)   Date of the           13 November 2019 
      transaction 
     --------------------  ---------------------------------------------------- 
f)   Place of              OUTSIDE THE TRADING VENUE 
      the transaction 
     --------------------  ---------------------------------------------------- 
 

Alan Rassaby

Company Secretary

Avast Plc.

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November 20, 2019 02:00 ET (07:00 GMT)