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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Aveva Group Plc | LSE:AVV | London | Ordinary Share | GB00BBG9VN75 | ORD 3 5/9P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 3,219.00 | 3,219.00 | 3,220.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMAVV
RNS Number : 2416K
AVEVA Group PLC
05 July 2017
NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
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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
Name of person person discharging
discharging managerial managerial responsibilities/director
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 of Description of shares
the person referred (including class),
to in 3 or 4 above debenture or derivatives
or in respect or financial instruments
of a non-beneficial relating to shares
interest
HOLDING IN RESPECT OPTIONS TO ACQUIRE
OF PERSON REFERRED ORDINARY SHARES OF
5 TO IN 3 ABOVE 6 3(5) /(9) PENCE EACH
--- --------------------------- --- --------------------------------------
State the nature
of the transaction
Name of registered
shareholder(s) OPTION GRANTS BY
and, if more than ESTERA TRUST (JERSEY)
one, the number LIMITED AS TRUSTEE
of shares held OF THE AVEVA GROUP
by each of them EMPLOYEE BENEFIT
7 N/A 8 TRUST 2008
--- --------------------------- --- --------------------------------------
Percentage of issued
Number of shares, class acquired (treasury
debentures or shares of that class
financial instruments should not be taken
relating to shares into account when
acquired calculating percentage)
9 SEE ATTACHED SCHEDULE 10 SEE ATTACHED SCHEDULE
--- --------------------------- --- --------------------------------------
Percentage of issued
Number of shares, class disposed (treasury
debentures or shares of that class
financial instruments should not be taken
relating to shares into account when
disposed calculating percentage
11 N/A 12 N/A
--- --------------------------- --- --------------------------------------
Price per share Date and place of
of value of transaction transaction
13 NIL 14 3 JULY 2017, JERSEY
--- --------------------------- --- --------------------------------------
Total holding
following notification
and total percentage
holding following
notification (any
treasury shares
should not be
taken into account Date issuer informed
when calculating of transaction
percentage)
15 SEE ATTACHED SCHEDULE 16 4 JULY 2017
--- --------------------------- --- --------------------------------------
Period during which
or date on which
Date of grant it can be exercised
17 3 JULY 2017 18 SEE ATTACHED SCHEDULE
--- ------------------------- --- ------------------------
Total amount paid Description of shares
(if any) for grant or debentures involved
of the option (class and number)
19 NIL 20 N/A
--- ------------------------- --- ------------------------
Exercise price
(if fixed at time
of grant) or indication Total number of shares
that price is or debentures over
to be fixed at which options held
the time of exercise following notification
21 SEE ATTACHED SCHEDULE 22 SEE ATTACHED SCHEDULE
--- ------------------------- --- ------------------------
Name of contract
Any additional and telephone number
information for queries
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:
James Kidd
David Ward
David Wheeldon
Grimur Lund
Clare Bye
Claire Denton
Bruce Douglas
Evgeny Fedotov
Amish Sabharwal
On 3 July 2017, 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 2017.
The number of shares in respect of which an option was granted to each PDMR is set against their name below:
PDMR Option
Grant
----------------- -------
James Kidd 772
----------------- -------
David Ward 412
----------------- -------
David Wheeldon 617
----------------- -------
Grimur Lund 410
----------------- -------
Clare Bye 286
----------------- -------
Claire Denton 121
----------------- -------
Bruce Douglas 260
----------------- -------
Evgeny Fedotov 2,842
----------------- -------
Amish Sabharwal 2,333
----------------- -------
Total 8,053
----------------- -------
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 2018, 2019 and 2020.
-- 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 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
----------------- ------------ -------------
James Kidd 17,468 68,540
----------------- ------------ -------------
David Ward 555 28,036
----------------- ------------ -------------
David Wheeldon 72,774 50,319
----------------- ------------ -------------
Grimur Lund 9,236 24,884
----------------- ------------ -------------
Clare Bye - 7,589
----------------- ------------ -------------
Claire Denton - 5,110
----------------- ------------ -------------
Bruce Douglas 8,609 9,475
----------------- ------------ -------------
Evgeny Fedotov - 14,377
----------------- ------------ -------------
Amish Sabharwal 2,500 3,188
----------------- ------------ ------------- 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
DSHUVOVRBOABRAR
(END) Dow Jones Newswires
July 05, 2017 11:35 ET (15:35 GMT)
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