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RNS Number : 3517E

AVEVA Group PLC

15 July 2016

REVISED 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 
       shareholder(s) and,                         State the nature of 
       if more than one,                            the transaction 
       the number of shares 
       held by each of                              OPTION GRANTS BY AVEVA 
       them                                         GROUP PLC UNDER THE 
                                                    AVEVA GROUP LONG TERM 
 7     N/A                                    8     INCENTIVE PLAN 2014 
---  --------------------------------------  ---  --------------------------- 
                                                   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 
                                                    can be exercised 
 
                                                    OPTIONS ARE SUBJECT 
                                                    TO CERTAIN PERFORMANCE 
                                                    CRITERIA HAVING BEEN 
                                                    ACHIEVED. THE OPTIONS 
                                                    ARE NOT EXERCISABLE 
      Date of grant                                 UNTIL 2019 AND HAVE 
                                                    A SEVEN YEAR EXERCISE 
 17    13 JULY 2016                           18    PERIOD 
---  --------------------------------------  ---  --------------------------- 
                                                   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:

Richard Longdon

James Kidd

David Wheeldon

Helmut Schuller

Grimur Lund

Martyn Ward

Les Elby

Clare Bye

David Ward

On 13 July 2016, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 3(5) /(9) pence each (subject to performance criteria) in the Company in favour of each of the above-named PDMRs under the terms of the AVEVA Group Long Term Incentive Plan 2014. This is a revised notification being re-issued in respect of the options granted to James Kidd as set out below. The option figure has been revised from 25,786 to 29,494. The revision shall remain effective as at the original transaction date of 13(th) July 2016.

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 
-----------------  ------------- 
 Richard Longdon       41,713 
-----------------  ------------- 
 James Kidd            29,494 
-----------------  ------------- 
 David Wheeldon        10,558 
-----------------  ------------- 
 Helmut Schuller       6,446 
-----------------  ------------- 
 Grimur Lund           6,223 
-----------------  ------------- 
 Martyn Ward           6,022 
-----------------  ------------- 
 Les Elby              4,705 
-----------------  ------------- 
 Clare Bye             4,893 
-----------------  ------------- 
 David Ward            15,505 
-----------------  ------------- 
 Total                125,559 
-----------------  ------------- 
 

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 
-----------------  ------------  ------------- 
 Richard Longdon      257,105       149,029 
-----------------  ------------  ------------- 
 James Kidd           17,468         67,300 
-----------------  ------------  ------------- 
 David Wheeldon       75,774         49,273 
-----------------  ------------  ------------- 
 Helmut Schuller        355          34,655 
-----------------  ------------  ------------- 
 Grimur Lund           9,083         24,711 
-----------------  ------------  ------------- 
 Martyn Ward             -           19,866 
-----------------  ------------  ------------- 
 Les Elby                -           12,214 
-----------------  ------------  ------------- 
 Clare Bye               -           7,303 
-----------------  ------------  ------------- 
 David Ward             555          27,624 
-----------------  ------------  ------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 15, 2016 09:02 ET (13:02 GMT)

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