REG - BBGI Global Infrast. - Director/PDMR Shareholding
16/05/2024 07:00
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RNS Number : 6304O BBGI Global Infrastructure S.A. 16 May 2024
16 May 2024
BBGI Global Infrastructure S.A.
(the "Company")
Notification of transactions by persons discharging managerial
responsibilities ("PDMR") and persons closely associated with them ("PCA")
Notification is given that the LTIP awards for 2020-2023 originally granted on
23 December 2020 have vested and that the relevant number of shares in the
Company have been transferred out of treasury to the relevant participants on
15 May 2024, in accordance with the rules of the LTIP and the relevant
performance criteria. Notification is further given that the STIP awards for
the financial year ended 31 December 2023, one third of which was to be
settled in shares, after taking into account any tax liability, have also
vested and the relevant number of shares have been transferred out of treasury
to the participants on 15 May 2024. No payment by the participants was
required for the grant of the awards, on vesting, or on transfer of the
relevant shares out of treasury.
The individual vested awards to PDMRs were as follows;
Director/PDMR Total Vested Shares - LTIP Award Total Vested Shares -STIP Award
Duncan Ball - CEO 574,165 140,929
Michael Denny - CFOO 286,394 87,707
Total Shares 860,559 228,636
A portion of the above awards were settled in cash in order to realise
sufficient funds to settle resultant tax and social security liabilities
arising from the vesting, with only the net number of shares being transferred
to each individual as follows;
Director/PDMR Total Shares Transferred out of Treasury
Duncan Ball - CEO 376,430
Michael Denny - CFO 222,974
Total Shares 599,404
The resulting holdings of each of the individuals are as follows:
Director / PDMR Shares held as at 15 May 2024
Duncan Ball 1,447,788
(CEO / Management Board Director)
Michael Denny 873,459
(CFOO / Management Board Director)
.
Director / PDMR Shareholding
1. Details of the person discharging managerial responsibilities/person closely
associated
a. Name Duncan Ball
2. Reason for the notification
a. Position / Status Management Board Director / CEO
b. Initial Notification / Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name BBGI Global Infrastructure S.A.
b. LEI 529900CV0RWCOP5YHK95
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 - No Par Value
Identification code ISIN - LU0686550053
b. Nature of the transaction 1. Transfer of treasury shares pursuant to 2020-23 LTIP
2. Transfer of treasury shares pursuant to FY2023 STIP
c. Price(s) and volume(s) Price Volume
1. Nil 297,704
2. Nil 78,726
Total 376,430
d. Aggregated information As in 4 c) above
- Aggregated volume
- Price
-Total Value
e. Date of the transaction 15 May 2024
f. Place of the transaction n/a
d.
Aggregated information
- Aggregated volume
- Price
-Total Value
As in 4 c) above
e.
Date of the transaction
15 May 2024
f.
Place of the transaction
n/a
Director / PDMR Shareholding
1. Details of the person discharging managerial responsibilities/person closely
associated
a. Name Michael Denny
2. Reason for the notification
a. Position / Status Management Board Director / CFO
b. Initial Notification / Amendment Initial
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name BBGI Global Infrastructure S.A.
b. LEI 529900CV0RWCOP5YHK95
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 - No Par Value
Identification code ISIN - LU0686550053
b. Nature of the transaction 1. Transfer of treasury shares pursuant to 2020-23 LTIP
2. Transfer of treasury shares pursuant to FY2023 STIP
c. Price(s) and volume(s) Price Volume
1. Nil 168,393
2. Nil 54,581
Total 222,974
d. Aggregated information As in 4 c) above
- Aggregated volume
- Price
-Total Value
e. Date of the transaction 15 May 2024
f. Place of the transaction n/a
d.
Aggregated information
- Aggregated volume
- Price
-Total Value
As in 4 c) above
e.
Date of the transaction
15 May 2024
f.
Place of the transaction
n/a
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