Director/PDMR Shareholding

Released : 14/09/2017

RNS Number : 8196Q
AVEVA Group PLC
14 September 2017
 

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

1

Name of the issuer

 

AVEVA GROUP PLC

2

State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4DR(1)(a); or

 

(ii) DR3.1.4(R) (1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or

 

(iii) both (i) and (ii)

 

NOTIFICATION UNDER (i)

 

3

Name of person discharging managerial responsibilities/director

 

SEE SCHEDULE

 

4

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connect person

 

N/A

 

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

 

HOLDING IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

 

6

Description of shares (including class), debenture or derivates or financial instruments relating to shares

 

ORDINARY SHARES OF 35/9 PENCE EACH

 

7

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

SEE SCHEDULE

 

8

State the nature of the transaction

 

EXERCISE OF OPTIONS UNDER THE AVEVA GROUP SENIOR EMPLOYEE RESTRICTED SHARE PLAN 2015

 

9

Number of shares, debentures or financial instruments relating to shares acquired

 

SEE ATTACHED SCHEDULE

 

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

NEGLIGIBLE

11

Number of shares, debentures or financial instruments relating to shares disposed

 

SEE ATTACHED SCHEDULE

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage

 

NEGLIGIBLE

 

13

Price per share of value of transaction

 

£23.8685

14

Date and place of transaction

 

13 SEPTEMBER 2017, CAMBRIDGE

 

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

SEE ATTACHED SCHEDULE

 

16

Date issuer informed of transaction

 

13 SEPTEMBER 2017

 

17

Date of grant

 

N/A

 

18

Period during which or date on which it can be exercised

 

N/A

 

19

Total amount paid (if any) for grant of the option

 

N/A

 

20

Description of shares or debentures involved (class and number)

 

N/A

21

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22

Total number of shares or debentures over which options held following notification

 

N/A

 

23

Any additional information

 

N/A

24

Name of contact and telephone number for queries

 

CLAIRE DENTON: 01223 556640

 

 

SCHEDULE

 

David Ward, Chief Financial Officer

 

Mr Ward exercised options over 1,401 shares under the AVEVA Group Senior Employee Restricted Share Plan 2015 at an exercise price of 35/9 pence per share, and retained all 1,401 ordinary shares in his wife's name, settling the Income Tax and National Insurance and liabilities separately.

 

Grimur Lund, PDMR

 

Mr Lund exercised options over 1,836 shares under the AVEVA Group Senior Employee Restricted Share Plan 2015 at an exercise price of 35/9 pence per share, and sold all 1,836 shares at a price of £23.8685 per share.

 

 

The total number of shares held and the total number of shares over which options to acquire shares are held following the grant of these options for these individuals is respectively:

 

PDMR

Shares held

Shares under option

David Ward

2,081

41,324

Grimur Lund

14,116

28,110

 

 

 

Enquires:


AVEVA Group plc

Telephone:

David Ward, Chief Financial Officer

+44 (0)1223 556655

Claire Denton, Company Secretary

+44 (0)1223 556655

 

 

FTI Consulting

Telephone:

Ed Bridges/Dwight Burden

+44 (0)20 3727 1400

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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