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.   [phone]

Duncan Ball

Frank Schramm

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