Avast PLC Director/PDMR Shareholding (7337U)

TIDMAVST

RNS Number : 7337U

Avast PLC

26 November 2019

Avast plc

(the "Company")

26 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                  WARREN FINEGOLD 
     --------------------  ---------------------------------------------------------- 
2    Reason for the notification 
     -------------------------------------------------------------------------------- 
a)   Position/status       NON EXECUTIVE DIRECTOR 
     --------------------  ---------------------------------------------------------- 
b)   Initial notification  INITIAL NOTIFICATION 
      /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 AND SUBSEQUENT SALE OF SHARES UNDER 
      the transaction       THE EXISTING SHARE PLAN 
     --------------------  ---------------------------------------------------------- 
c)   Price(s)              OPTION EXERCISEPrice(s)     Volume(s) 
      and volume(s)         GBP 0.6500   51,224 
                            GBP 1.3600   233,034 
 
                            SALE OF SHARESPrice(s)     Volume(s) 
 
                            GBP 4.4406   284,258 
     --------------------  ---------------------------------------------------------- 
d)   Aggregated             OPTION EXERCISE 
      information            Aggregated volume: 284,258 ORDINARY SHARES 
      - Aggregated           Aggregated price: GBP 350,221.84 
      volume -              SALE OF SHARES Aggregated volume: 284,258 ORDINARY SHARES 
      Price                  Aggregated price: GBP 1,262,276.07 
     --------------------  ---------------------------------------------------------- 
e)   Date of the           25 November 2019 
      transaction 
     --------------------  ---------------------------------------------------------- 
f)   Place of              OPTION EXERCISE: 
      the transaction       OUTSIDE A TRADING VENUE 
                            SALE OF SHARES: 
                            LONDON STOCK EXCHANGE (XLON) 
     --------------------  ---------------------------------------------------------- 
 

Alan Rassaby

Company Secretary

Avast Plc.

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November 26, 2019 09:19 ET (14:19 GMT)