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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 : 0128H
AVEVA Group PLC
07 March 2018
AVEVA GROUP PLC ("AVEVA" or "the Company")
Issue and Redemption of B Shares
The Company announces certain transactions which have occurred in relation to the Return of Value to the Company's shareholders of GBP10.15 per Ordinary Share, which was implemented by means of a B Share Scheme following completion of the acquisition by the Company of the Schneider Electric Software Business on 1 March 2018 in accordance with the terms of the Merger Agreement ("Completion").
Defined terms used in this announcement shall have the meaning given to them in the Prospectus
published by the Company on 5 September 2017. All references to time are to the time in London,
England.
With effect from Completion, 64,037,660 B Shares were issued by the Company with the following B Shares issued to certain of the Company's PDMRs:
PDMR/(PCA) Number of B Shares of GBP10.15 each issued at Completion ------------------------------ --------------------------- Philip Aiken 2,337 ------------------------------ --------------------------- Rohinton Mobed 3,000 ------------------------------ --------------------------- Christopher Humphrey 4,000 ------------------------------ --------------------------- Jennifer Allerton 12,000 ------------------------------ --------------------------- James Kidd (beneficially) 20,367 ------------------------------ --------------------------- David Ward (beneficially) 2,081 ------------------------------ --------------------------- Amish Sabharwal 2,500 ------------------------------ --------------------------- Bruce Douglas (beneficially) 8,609 ------------------------------ --------------------------- Dave Wheeldon (beneficially) 73,416 ------------------------------ --------------------------- Evgeny Fedotov 1,714 ------------------------------ --------------------------- Grimur Lund 21,916 ------------------------------ --------------------------- Martin Yeomans 1,474 ------------------------------ --------------------------- Michael Halloran 1,379 ------------------------------ --------------------------- Navtej Garewal 3,629 ------------------------------ --------------------------- Trond Straume 561 ------------------------------ ---------------------------
Each of the B Shares of GBP10.15 each was redeemed by the Company at 5.00 pm on 1 March 2018 for its nominal value.
Enquires: Telephone: ---------------------------- -------------------- AVEVA Group plc David Ward, Deputy CFO and Company Secretary +44 (0)1223 556655 ---------------------------- -------------------- FTI Consulting 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
DSHUBASRWOAORAR
(END) Dow Jones Newswires
March 07, 2018 09:14 ET (14:14 GMT)
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