AVEVA Group PLC Director/PDMR Shareholding (2544F)

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RNS Number : 2544F

AVEVA Group PLC

26 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 
                                                    named in 3 and identify 
                                                    the connect person 
                                                    ESTERA TRUST (JERSEY) 
      Name of person discharging                    LIMITED AS TRUSTEE 
       managerial responsibilities/director         OF THE AVEVA GROUP 
                                                    EMPLOYEE BENEFIT TRUST 
 3     SEE ATTACHED SCHEDULE                  4     2008 
---  --------------------------------------  ---  ------------------------------- 
      Indicate whether 
       the notification 
       is in respect of                            Description of shares 
       a holding of the                             (including class), 
       person referred                              debenture or derivatives 
       to in 3 or 4 above                           or financial instruments 
       or in respect of                             relating to shares 
       a non-beneficial 
       interest                                     ORDINARY SHARES OF 
 5     NON-BENEFICIAL INTEREST                6     3(5) /(9) PENCE EACH 
---  --------------------------------------  ---  ------------------------------- 
      Name of registered 
       shareholder(s) and, 
       if more than one, 
       the number of shares 
       held by each of                             State the nature of 
       them                                         the transaction 
       NATWEST STOCKBROKERS 
       LIMITED AS NOMINEE                           PURCHASE OF ORDINARY 
       FOR ESTERA TRUST                             SHARES OF 3(5) /(9) 
 7     (JERSEY) LIMITED                       8     PENCE EACH 
---  --------------------------------------  ---  ------------------------------- 
                                                   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 calculating 
       to shares acquired                           percentage) 
 9     2,160 SHARES                           10    0.003% 
---  --------------------------------------  ---  ------------------------------- 
                                                   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 calculating 
       to shares disposed                           percentage 
 11    N/A                                    12    N/A 
---  --------------------------------------  ---  ------------------------------- 
      Price per share 
       of value of transaction                     Date and place of transaction 
 
 13    GBP18.55                               14    25 JULY 2016, LONDON 
---  --------------------------------------  ---  ------------------------------- 
 
 
       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     10,857 SHARES (0.017%)      16    25 JULY 2016 
----  ---------------------------  ---  ------------------------ 
                                         Period during which 
                                          or date on which it 
       Date of grant                      can be exercised 
  17    N/A                         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 
       Any additional information         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:

Richard Longdon

James Kidd

David Wheeldon

Derek Middlemas

Helmut Schuller

On 25 July 2016 Estera Trust (Jersey) Limited as trustee of the AVEVA Group Employee Benefit Trust 2008 (the "EBT") purchased 2,160 ordinary shares of 3(5) /(9) pence each in AVEVA Group plc ("shares"). These shares were purchased in the market in order to enable the EBT to satisfy options to be granted under the AVEVA Group Management Bonus Deferred Share Scheme (the "Deferred Share Scheme") to the five above-named PDMRs.

These options serve as the mechanism to deliver shares on a deferred basis to recipients as a deferred bonus in respect of the financial year ended 31 March 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 26, 2016 06:06 ET (10:06 GMT)