Director/PDMR Shareholding

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 (CEO / Management Board Director)	1,447,788
Michael Denny (CFOO / Management Board Director)	873,459

.

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 Identification code	Ordinary Shares - No Par Value 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 - 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 Identification code	Ordinary Shares - No Par Value 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 - 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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