AVEVA Group PLC Director/PDMR Shareholding (0242U)
July 09 2018 - 6:33AM
UK Regulatory
TIDMAVV
RNS Number : 0242U
AVEVA Group PLC
09 July 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
1 AVEVA GROUP PLC 2 NOTIFICATION UNDER (i)
State whether notification
relates to a person connected
with a person discharging
Name of person discharging managerial responsibilities/director
managerial responsibilities/director named in 3 and identify the
connected person
3 SEE ATTACHED SCHEDULE 4 N/A
-------------------------------------- --- --------------------------------------
Indicate whether the notification
is in respect of a holding Description of shares (including
of the person referred class), debenture or derivatives
to in 3 or 4 above or or financial instruments
in respect of a non-beneficial relating to shares
interest
HOLDING IN RESPECT OF OPTIONS TO ACQUIRE ORDINARY
PERSON REFERRED TO IN SHARES OF 3(5) /(9) PENCE
5 3 ABOVE 6 EACH
-------------------------------------- --- --------------------------------------
State the nature of the transaction
Name of registered shareholder(s)
and, if more than one, OPTION GRANTS BY ESTERA TRUST
the number of shares held (JERSEY) LIMITED AS TRUSTEE
by each of them OF THE AVEVA GROUP EMPLOYEE
7 N/A 8 BENEFIT TRUST 2008
-------------------------------------- --- --------------------------------------
Percentage of issued class
acquired (treasury shares
Number of shares, debentures of that class should not
or financial instruments be taken into account when
relating to shares acquired calculating percentage)
9 SEE ATTACHED SCHEDULE 10 SEE ATTACHED SCHEDULE
-------------------------------------- --- --------------------------------------
Percentage of issued class
disposed (treasury shares
Number of shares, debentures of that class should not
or financial instruments be taken into account when
relating to shares disposed calculating percentage
11 N/A 12 N/A
-------------------------------------- --- --------------------------------------
Price per share of value
of transaction Date and place of transaction
13 NIL 14 5 JULY 2018, JERSEY
-------------------------------------- --- --------------------------------------
Total holding following
notification and total
percentage holding following
notification (any treasury
shares should not be taken
into account when calculating Date issuer informed of transaction
percentage)
15 SEE ATTACHED SCHEDULE 16 6 JULY 2018
-------------------------------------- --- --------------------------------------
Period during which or date
Date of grant on which it can be exercised
17 5 JULY 2018 18 SEE ATTACHED SCHEDULE
-------------------------------------- --- --------------------------------------
Total amount paid (if Description of shares or
any) for grant of the debentures involved (class
option and number)
19 NIL 20 N/A
-------------------------------------- --- --------------------------------------
Exercise price (if fixed
at time of grant) or indication Total number of shares or
that price is to be fixed debentures over which options
at the time of exercise held following notification
21 SEE ATTACHED SCHEDULE 22 SEE ATTACHED SCHEDULE
-------------------------------------- --- --------------------------------------
Any additional information Name of contract and telephone
number for queries
23 SEE ATTACHED SCHEDULE 24 DAVID WARD 01223 556655
-------------------------------------- --- --------------------------------------
SCHEDULE
The names of the persons discharging managerial responsibilities
("PDMRs") in respect of whom this notification is made are:
Craig Hayman
James Kidd
David Ward
On 5 July 2018, Estera Trust (Jersey) Limited as trustee of the
AVEVA Group Employee Benefit Trust 2008 (the "EBT") granted options
to acquire ordinary shares of 3(5) /(9) pence each in AVEVA Group
plc (the "Company") in favour of each of the above-named PDMRs.
These options have been granted under the AVEVA Group Management
Bonus Deferred Share Scheme 2008 (the "Deferred Share Scheme") to
serve as the mechanism to deliver ordinary shares of 3(5) /(9)
pence each in the Company ("shares") on a deferred basis to
recipients as a deferred bonus in respect of the financial year
ended 31 March 2018.
The number of shares in respect of which an option was granted
to each PDMR is set against their name below:
PDMR Option Grant
Craig Hayman 757
-------------
James Kidd 8,886
-------------
David Ward 5,924
-------------
Total 15,567
-------------
The options each have the following principal terms:
-- Provided that the option holder remains an employee or
director of the AVEVA Group, an option may normally be exercised as
to one-third of the shares under option in the 42-day period
commencing on the announcement of the Company's results for each of
the financial years ending 31 March 2019, 2020 and 2021.
-- Following the death of an option holder, or on a takeover,
reconstruction or amalgamation, or voluntary winding up of the
Company, the option may be exercised in full to the extent that it
has not already been exercised.
-- No amount has been paid or is payable for the grant of the
option; no exercise price is payable on exercise of the option.
While the option will be treated as void if the option holder
fails to return an acceptance notice in the period established by
the rules of the scheme pursuant to which these options have been
granted, the Company anticipates that such an acceptance notice
will be given by each of the PDMRs in respect of whom this
notification is made. The Company will issue a further RNS
notification if, contrary to expectation, such an acceptance notice
is not given by any of the PDMRs.
For each of these PDMRs, the total number of shares beneficially
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
Craig Hayman - 313,400
------------ --------------------
James Kidd 20,367 119,586
------------ --------------------
David Ward 2,081 67,613
------------ --------------------
Enquires: Telephone:
AVEVA Group plc
-------------------
David Ward, Deputy CFO and Company Secretary +44 (0)1223 556655
-------------------
Claire Denton, Deputy Company Secretary
and Legal Counsel +44 (0)1223 556655
-------------------
FTI Consulting Telephone:
Ed Bridges/Dwight Burden +44 (0)20 3727 1400
--------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHUKORRWUABRAR
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