REG - BBGI Global Infrast. - Director/PDMR Shareholding
01/06/2023 08:30
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230601:nRSA3316Ba&default-theme=true
RNS Number : 3316B BBGI Global Infrastructure S.A. 01 June 2023
1 June 2023
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 2019-2022 originally granted on
23 December 2019 have vested and that the relevant number of shares in the
Company been issued to the relevant participants yesterday, 31 May 2023, 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 2022, 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, 31 May 2023.
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 152,125 178,114
Frank Schramm - Co-CEO 152,683 173,585
Michael Denny - CFO 25,445 111,179
Total Shares 330,253 462,878
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 178,375
Frank Schramm - Co-CEO 172,106
Michael Denny - CFO 88,481
Total Shares 438,962
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 Ordinary Shares - No Par Value
Identification code ISIN - LU0686550053
b. Nature of the transaction 1. Issuance of Shares pursuant to 2019-22 LTIP
2. Issuance of Shares pursuant to FY2022 STIP
c. Price(s) and volume(s) Price Volume
1. Nil 78,876
2. Nil 99,499
Total 178,375
d. Aggregated information As in 4 c) above
- Aggregated volume
- Price
-Total Value
e. Date of the transaction 31 May 2023
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
31 May 2023
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 Ordinary Shares - No Par Value
Identification code ISIN - LU0686550053
b. Nature of the transaction 1. Issuance of Shares pursuant to 2019-22 LTIP
2. Issuance of Shares pursuant to FY2022 STIP
c. Price(s) and volume(s) Price Volume
1. Nil 80,540
2. Nil 91,566
Total 172,106
d. Aggregated information As in 4 c) above
- Aggregated volume
- Price
-Total Value
e. Date of the transaction 31 May 2023
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
31 May 2023
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. Issuance of Shares pursuant to 2019-22 LTIP
2. Issuance of Shares pursuant to FY2022 STIP
c. Price(s) and volume(s) Price Volume
1. Nil 15,826
2. Nil 72,655
Total 88,481
d. Aggregated information As in 4 c) above
- Aggregated volume
- Price
-Total Value
e. Date of the transaction 31 May 2023
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
31 May 2023
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHGRGDLUDGDGXBRecent news on BBGI Global Infrastructure SA
See all newsREG - BBGI Global Infrast. Morgan Stanley - Holding(s) in Company
AnnouncementREG - BBGI Global Infrast. - Result of AGM
AnnouncementREG - BBGI Global Infrast. - Annual Financial Report
AnnouncementREG - Brit.Columbia I.M. BBGI Global Infrast. - Offer Acceptance Level Update
AnnouncementREG - BBGI Global Infrast. - Holding(s) in Company
Announcement