TIDMAVV

RNS Number : 4421C

AVEVA Group PLC

19 January 2018

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY 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 connect person 
 
 3     TROND STRAUME                          4     N/A 
---  --------------------------------------  ---  ---------------------------- 
      Indicate whether 
       the notification 
       is in respect of 
       a holding of the 
       person referred 
       to in 3 or 4 above                          Description of shares 
       or in respect of                             (including class), 
       a non-beneficial                             debenture or derivates 
       interest                                     or financial instruments 
                                                    relating to shares 
       HOLDING IN RESPECT 
       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                              EXERCISE OF OPTIONS 
       them                                         UNDER THE AVEVA GROUP 
                                                    SENIOR EMPLOYEE RESTRICTED 
 7     SEE ATTACHED SCHEDULE                  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     SEE ATTACHED SCHEDULE                  10    NEGLIBLE 
---  --------------------------------------  ---  ---------------------------- 
                                                   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    SEE ATTACHED SCHEDULE                  12    NEGLIBLE 
---  --------------------------------------  ---  ---------------------------- 
      Price per share                              Date and place of 
       of value of transaction                      transaction 
 
 13    N/A                                    14    18 JANUARY 2018, CAMBRIDGE 
---  --------------------------------------  ---  ---------------------------- 
      Total holding following 
       notification and 
       total percentage 
       holding following 
       notification (any 
       treasury shares 
       should not be taken                         Date issuer informed 
       into account when                            of transaction 
       calculating percentage) 
 15    SEE ATTACHED SCHEDULE                  16    19 JANUARY 2018 
---  --------------------------------------  ---  ---------------------------- 
                                                   Period during which 
                                                    or date on which it 
      Date of grant                                 can be exercised 
 
 17    21 JULY 2015                           18    N/A 
---  --------------------------------------  ---  ---------------------------- 
      Total amount paid                            Description of shares 
       (if any) for grant                           or debentures involved 
       of the option                                (class and number) 
 
 19    N/A                                    20    N/A 
---  --------------------------------------  ---  ---------------------------- 
      Exercise price (if 
       fixed at time of 
       grant) or indication                        Total number of shares 
       that price is to                             or debentures over 
       be fixed at the                              which options held 
       time of exercise                             following notification 
 
 21    N/A                                    22    N/A 
---  --------------------------------------  ---  ---------------------------- 
                                                   Name of contract and 
                                                    telephone number for 
                                                    queries 
      Any additional information 
                                                    CLAIRE DENTON 
 23    N/A                                    24    01223 556655 
---  --------------------------------------  ---  ---------------------------- 
 

SCHEDULE

Trond Straume, CTO, PDMR

On 18 January 2018, Mr Straume exercised options over 1,063 shares under the AVEVA Group Senior Employee Restricted Share Plan 2015 at an exercise price of 3(5) /(9) pence per share. He sold 502 shares at a price of GBP28.21 per share in order to fund the exercise cost and the resulting tax and national insurance liabilities, and retained the remaining 561 ordinary shares.

Following this, Mr Straume owns 561 ordinary shares and holds options over 15,803 ordinary shares.

 
 Enquires:                      Telephone: 
-----------------------------  ------------------- 
 AVEVA Group plc 
-----------------------------  ------------------- 
 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

END

DSHUKVVRWBAAAAR

(END) Dow Jones Newswires

January 19, 2018 10:58 ET (15:58 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.