TIDMAVST

RNS Number : 0034U

Avast PLC

30 March 2021

Avast plc

(the "Company")

SHAREHOLDING OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMR) AND PERSONS CLOSELY ASSOCIATED (PCAs)

30 March 2021

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

Avast plc has been notified that the Company's CEO, Ondrej Vlcek has transferred, by way of a gift, 10 million ordinary shares in the Company to the Vlcek Family Foundation.

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       Initial Notification 
       / Amendment 
     -------------------------  -------------------------------------------------- 
 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             Ordinary shares of GBP 0.10 each in Avast plc 
       the financial              (ISIN: GB00BDD85M8) 
       instrument, type 
       of instrument 
     -------------------------  -------------------------------------------------- 
 b)   Nature of the              Disposal of Ordinary shares as a gift for nil 
       transaction                consideration to Vlcek Family Foundation, Person 
                                  Closely Associated to Ondrej Vlcek 
     -------------------------  -------------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         10,000,000 
                                               ----------- 
     -------------------------  -------------------------------------------------- 
 d)   Aggregated information       Aggregated volume:    10,000,000 
       - Aggregated volume          Aggregated price:     Nil 
       - Price                                           ----------- 
     -------------------------  -------------------------------------------------- 
 e)   Date of the transaction    26 March 2021 
     -------------------------  -------------------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
     -------------------------  -------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Vlcek Family Foundation 
     -------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------------- 
 a)   Position / status          Vlcek Family Foundation is a person closely 
                                  associated with Avast plc's Executive Director, 
                                  Ondrej Vlcek who is a director and person discharging 
                                  managerial responsibilities of Avast plc. 
     -------------------------  ------------------------------------------------------- 
 b)   Initial notification       Initial Notification 
       / Amendment 
     -------------------------  ------------------------------------------------------- 
 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             Ordinary shares of GBP 0.10 each in Avast plc 
       the financial              (ISIN: GB00BDD85M8) 
       instrument, type 
       of instrument 
     -------------------------  ------------------------------------------------------- 
 b)   Nature of the              Receipt of Ordinary shares as a gift from Ondrej 
       transaction                Vlcek for nil consideration 
     -------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         10,000,000 
                                               ----------- 
     -------------------------  ------------------------------------------------------- 
 d)   Aggregated information       Aggregated volume:    10,000,000 
       - Aggregated volume          Aggregated price:     Nil 
       - Price                                           ----------- 
     -------------------------  ------------------------------------------------------- 
 e)   Date of the transaction    26 March 2021 
     -------------------------  ------------------------------------------------------- 
 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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March 30, 2021 09:17 ET (13:17 GMT)

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