Director/PDMR Shareholding

RNS Number : 7811Z

BBGI Global Infrastructure S.A.

25 May 2021

 

25 May 2021

BBGI Global Infrastructure S.A.

(the "Company")

Director / PDMR Shareholding

The Company was notified on 25 May 2021 of the following transactions by Duncan Ball and Frank Schramm, Co-CEOs of the Company (together, the "Co-CEOs").

· Between 24 and 25 May 2021, Duncan Ball sold 380,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 174.50 pence per Ordinary Share. Duncan Ball now holds 635,660 Ordinary Shares in the Company.

· Between 24 and 25 May 2021, Frank Schramm sold 381,659 ordinary shares in the Company ("Ordinary Shares") at an average price of 174.50 pence per Ordinary Share. Frank Schramm now holds 600,000 Ordinary Shares in the Company.

The sale of these shares is being undertaken to pay tax and for personal portfolio planning purposes.

Together the Co-CEOs now hold 1,235,660 shares in the Company, which is over 200% of their current salaries, and remain totally committed to the long term success of BBGI.

The Supervisory Board of BBGI has approved these transactions and believes there continues to be strong alignment between the Management Board and shareholders as a result of the existing remuneration structure.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.  

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	5299 00CV 0RWC OP5Y HK95
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	Sale of shares
c.	Price(s) and volume(s)	Price Volume Total 1.  £1.7594 67,195 £118,222.88 2.  £1.742 312,805 £544,906.31
d.	Aggregated information - Aggregated volume - Price -Total Value	Price Volume Total As in 4(c) above 380,000 £663,129.19
e.	Date of the transaction	1.  24 May 2021 2.  25 May  2021
f.	Place of the transaction	London Stock Exchange

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	5299 00CV 0RWC OP5Y HK95
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	Sale of shares
c.	Price(s) and volume(s)	Price Volume Total 1.  £1.7594 67,489 £118,740.15 2.  £1.742 314,170 £547,284.14
d.	Aggregated information - Aggregated volume - Price -Total Value	Price Volume Total As in 4(c) above 381,659 £666,024.29
e.	Date of the transaction	1.  24 May 2021 2.  25 May  2021
f.	Place of the transaction	London Stock Exchange

For further information, please contact:

BBGI Global Infrastructure  S.A.   [phone]

Duncan Ball 

Frank Schramm

 

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