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25 May 2021 15:43
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) |
| |||||||||
d. | Aggregated information
- Aggregated volume - Price -Total Value |
| |||||||||
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) |
| |||||||||
d. | Aggregated information
- Aggregated volume - Price -Total Value |
| |||||||||
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. +352 26 34 79-1
Duncan Ball
Frank Schramm
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