TIDMBBGI

RNS Number : 4090N

BBGI SICAV S.A.

20 May 2020

20 May 2020

BBGI SICAV S.A.

(the "Company")

Director / PDMR Shareholding

The Company was notified on 19 May 2020 of the following transactions by Duncan Ball and Frank Schramm, Co-CEOs of the Company (together, the "Co-CEOs").

-- On 19 May 2020, Duncan Ball sold 250,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 162.80 pence per Ordinary Share. Duncan Ball now holds 509,581 Ordinary Shares in the Company.

-- On 19 May 2020, Frank Schramm sold 219,240 ordinary shares in the Company ("Ordinary Shares") at an average price of 162.80 pence per Ordinary Share. Frank Schramm now holds 500,000 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 1,009,581 shares in the Company, which is approximately 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 /                           Initial 
       Amendment 
     ---------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a.   Name                                         BBGI SICAV 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          Ordinary Shares - No Par Value 
       instrument, type of instrument 
                                                  ISIN - LU0686550053 
       Identification code 
     ---------------------------------  ------------------------------------- 
 b.   Nature of the transaction                     Sale of shares 
     ---------------------------------  ------------------------------------- 
 c.   Price(s) and volume(s)               Price     Volume        Total 
                                           GBP1.628   250,000   GBP407,000.00 
                                                     --------  -------------- 
     ---------------------------------  ------------------------------------- 
 d.   Aggregated information                       As in 4 c) above 
 
       - Aggregated volume 
       - Price 
       -Total Value 
     ---------------------------------  ------------------------------------- 
 e.   Date of the transaction                        19 May 2020 
     ---------------------------------  ------------------------------------- 
 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 /                           Initial 
       Amendment 
     ---------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, auction 
       platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a.   Name                                         BBGI SICAV 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          Ordinary Shares - No Par Value 
       instrument, type of instrument 
                                                  ISIN - LU0686550053 
       Identification code 
     ---------------------------------  ------------------------------------- 
 b.   Nature of the transaction                     Sale of shares 
     ---------------------------------  ------------------------------------- 
 c.   Price(s) and volume(s)               Price     Volume        Total 
                                           GBP1.628   219,240   GBP356,922.72 
                                                     --------  -------------- 
     ---------------------------------  ------------------------------------- 
 d.   Aggregated information                       As in 4 c) above 
 
       - Aggregated volume 
       - Price 
       -Total Value 
     ---------------------------------  ------------------------------------- 
 e.   Date of the transaction                        19 May 2020 
     ---------------------------------  ------------------------------------- 
 f.   Place of the transaction                  London Stock Exchange 
     ---------------------------------  ------------------------------------- 
 

For further information, please contact:

   BBGI SICAV S.A.      +352 26 34 79-1 

Duncan Ball

Frank Schramm

END

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END

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May 20, 2020 02:00 ET (06:00 GMT)

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