Director/PDMR Shareholding

RNS Number : 7957L
BBGI Global Infrastructure S.A.
17 May 2022
 

17 May 2022

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 2018-2021 originally granted on 21 December 2018 have vested and that the relevant number of shares in the Company been issued to the relevant participants yesterday, 16 May 2022, 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 2021, 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 issued to the participants yesterday, 16 May 2022. No payment by the participants was required for the grant of the awards, on vesting, or on issue.

 

The individual vested awards were as follows;

 

Director/PDMR

Total Vested Shares - LTIP Award

Total Vested Shares -STIP Award

Duncan Ball - Co-CEO

281,567

146,489

Frank Schramm - Co-CEO

300,057

134,416

Michael Denny - CFO

54,657

86,092

Total Shares

636,281

366,997

 

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 issued to each individual as follows;

 

Director/PDMR

Total Issued Shares

Duncan Ball - Co-CEO

235,323

Frank Schramm - Co-CEO

229,184

Michael Denny - CFO

91,589

Total Shares

556,096


 

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 / Co-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

 

Identification code

Ordinary Shares - No Par Value

 

ISIN - LU0686550053

b.

Nature of the transaction

1.  Issuance of Shares pursuant to 2018-21 LTIP

2.  Issuance of Shares pursuant to FY2021 STIP

c.

Price(s) and volume(s)

Price

Volume

1.  Nil

152,878

2.  Nil

82,445

Total

235,323

d.

Aggregated information

 

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

16 May 2022

f.

Place of the transaction

n/a

 

Director / PDMR Shareholding

1.

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Frank Schramm

2.

Reason for the notification

a.

Position / Status

Management Board Director / Co-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

 

Identification code

Ordinary Shares - No Par Value

 

ISIN - LU0686550053

b.

Nature of the transaction

1.  Issuance of Shares pursuant to 2018-21 LTIP

2.  Issuance of Shares pursuant to FY2021 STIP

c.

Price(s) and volume(s)

Price

Volume

1.  Nil

158,280

2.  Nil

70,904

Total

229,184

d.

Aggregated information

 

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

16 May 2022

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

 

Identification code

Ordinary Shares - No Par Value

 

ISIN - LU0686550053

b.

Nature of the transaction

1.  Issuance of Shares pursuant to 2018-21 LTIP

2.  Issuance of Shares pursuant to FY2021 STIP

c.

Price(s) and volume(s)

Price

Volume

1.  Nil

35,045

2.  Nil

56,544

Total

91,589

d.

Aggregated information

 

- Aggregated volume

- Price

-Total Value

As in 4 c) above

e.

Date of the transaction

16 May 2022

f.

Place of the transaction

n/a

 

 

For further information, please contact:

 

BBGI Global Infrastructure S.A.   +352 26 34 79-1

Duncan Ball

Frank Schramm

 

 

 

END

 

 

 

 

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