TIDMAVV

RNS Number : 2429E

AVEVA Group PLC

14 July 2016

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

 
                                                   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) 
 
      Name of the issuer                            NOTIFICATION UNDER 
 1     AVEVA GROUP PLC                        2     (i) 
---  --------------------------------------  ---  --------------------------- 
                                                   State whether notification 
                                                    relates to a person 
                                                    connected with a person 
                                                    discharging managerial 
                                                    responsibilities/director 
      Name of person discharging                    named in 3 and identify 
       managerial responsibilities/director         the connected person 
 
 3     SEE ATTACHED SCHEDULE                  4     N/A 
---  --------------------------------------  ---  --------------------------- 
      Indicate whether 
       the notification 
       is in respect of 
       a holding of the 
       person referred                             Description of shares 
       to in 3 or 4 above                           (including class), 
       or in respect of                             debenture or derivatives 
       a non-beneficial                             or financial instruments 
       interest                                     relating to shares 
 
       HOLDING IN RESPECT                           OPTIONS TO ACQUIRE 
       OF PERSON REFERRED                           ORDINARY SHARES OF 
 5     TO IN 3 ABOVE                          6     3(5) /(9) PENCE EACH 
---  --------------------------------------  ---  --------------------------- 
      Name of registered                           State the nature of 
       shareholder(s) and,                          the transaction 
       if more than one, 
       the number of shares                         OPTION GRANTS BY AVEVA 
       held by each of                              GROUP PLC UNDER THE 
       them                                         AVEVA GROUP SENIOR 
                                                    EMPLOYEE RESTRICTED 
 7     N/A                                    8     SHARE PLAN 2015 
---  --------------------------------------  ---  --------------------------- 
                                                   Percentage of issued 
                                                    class acquired (treasury 
      Number of shares,                             shares of that class 
       debentures or financial                      should not be taken 
       instruments relating                         into account when 
       to shares acquired                           calculating percentage) 
 
 9     N/A                                    10    N/A 
---  --------------------------------------  ---  --------------------------- 
                                                   Percentage of issued 
                                                    class disposed (treasury 
      Number of shares,                             shares of that class 
       debentures or financial                      should not be taken 
       instruments relating                         into account when 
       to shares disposed                           calculating percentage 
 
 11    N/A                                    12    N/A 
---  --------------------------------------  ---  --------------------------- 
      Price per share                              Date and place of 
       of value of transaction                      transaction 
 
 13    GBP17.80                               14    13 JULY 2016, CAMBRIDGE 
---  --------------------------------------  ---  --------------------------- 
      Total holding following 
       notification and 
       total percentage 
       holding following 
       notification (any 
       treasury shares 
       should not be taken 
       into account when                           Date issuer informed 
       calculating percentage)                      of transaction 
 
 15    SEE ATTACHED SCHEDULE                  16    14 JULY 2016 
---  --------------------------------------  ---  --------------------------- 
                                                   Period during which 
                                                    or date on which it 
      Date of grant                                 can be exercised 
 
 17    13 JULY 2016                           18    SEE ATTACHED SCHEDULE 
---  --------------------------------------  ---  --------------------------- 
                                                   Description of shares 
      Total amount paid                             or debentures involved 
       (if any) for grant                           (class and number) 
       of the option 
                                                    ORDINARY SHARES OF 
 19    NIL                                    20    3(5) /(9) PENCE EACH 
---  --------------------------------------  ---  --------------------------- 
      Exercise price (if 
       fixed at time of 
       grant) or indication 
       that price is to                            Total number of shares 
       be fixed at the                              or debentures over 
       time of exercise                             which options held 
                                                    following notification 
       3(5) /(9) PENCE 
 21    PER SHARE                              22    SEE ATTACHED SCHEDULE 
---  --------------------------------------  ---  --------------------------- 
                                                   Name of contract and 
                                                    telephone number for 
                                                    queries 
      Any additional information 
                                                    CLAIRE DENTON 01223 
 23    SEE ATTACHED SCHEDULE                  24    556640 
---  --------------------------------------  ---  --------------------------- 
 

SCHEDULE

The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:

David Wheeldon

Helmut Schuller

Grimur Lund

Martyn Ward

Les Elby

Clare Bye

Claire Denton

On 13 July 2016, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 3(5) /(9) pence each in the Company in favour of each of the above-named PDMRs under the terms of the AVEVA Group Senior Employee Restricted Share Plan 2015.

The number of shares in respect of which an option was granted to each PDMR is set against his/her name below:

 
 PDMR               Option Grant 
-----------------  ------------- 
 David Wheeldon        5,200 
-----------------  ------------- 
 Helmut Schuller       3,175 
-----------------  ------------- 
 Grimur Lund           3,065 
-----------------  ------------- 
 Martyn Ward           2,966 
-----------------  ------------- 
 Les Elby              2,317 
-----------------  ------------- 
 Clare Bye             2,410 
-----------------  ------------- 
 Claire Denton         2,269 
-----------------  ------------- 
 Total                 21,402 
-----------------  ------------- 
 

The options each have the following vesting conditions:

-- the option shall vest in full on the third anniversary date of grant provided that the option holder remains an employee or director of the AVEVA Group.

   --     the options shall lapse on the fifth anniversary of the date of grant. 

For each of these PDMRs, 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 is respectively:

 
 PDMR               Shares held   Shares under 
                                     option 
-----------------  ------------  ------------- 
 David Wheeldon       75,774         38,715 
-----------------  ------------  ------------- 
 Helmut Schuller        355          28,209 
-----------------  ------------  ------------- 
 Grimur Lund           9,083         18,488 
-----------------  ------------  ------------- 
 Martyn Ward             -           13,844 
-----------------  ------------  ------------- 
 Les Elby                -           7,509 
-----------------  ------------  ------------- 
 Clare Bye               -           2,410 
-----------------  ------------  ------------- 
 Claire Denton           -           4,989 
-----------------  ------------  ------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUSVORNNABAAR

(END) Dow Jones Newswires

July 14, 2016 09:58 ET (13:58 GMT)

Aveva (LSE:AVV)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Aveva Charts.
Aveva (LSE:AVV)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Aveva Charts.