AVEVA Group PLC Director/PDMR Shareholding (0314H)

TIDMAVV

RNS Number : 0314H

AVEVA Group PLC

07 March 2018

AVEVA GROUP PLC

("AVEVA" or the "Company")

Notification of transactions of Directors/Persons Discharging Managerial Responsibility

Further to the announcement of 1 February 2018, on 6 March 2017, AVEVA granted options to acquire ordinary shares of 3 5/9 pence each in the Company to Craig Hayman, its Chief Executive Officer (the "CEO"), under the terms of the AVEVA Group Long Term Incentive Plan 2014 and under a special one-off agreement entered into between the Company and the CEO pursuant to Listing Rule 9.4.2R(2) to facilitate his recruitment and to buy-out awards over stock in his former employer, which he forfeited upon joining AVEVA.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                   Craig Hayman 
---  ---------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status        PDMR - CEO 
---  ---------------------  ----------------------------------------- 
 b)   Initial notification   Initial 
       /Amendment 
---  ---------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                   AVEVA Group plc 
---  ---------------------  ----------------------------------------- 
 b)   LEI                    213800XHATUM2LFMKG16 
---  ---------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------------- 
 a)   Description            Nil cost options to acquire ordinary 
       of the financial       shares of 3 5/9 pence per ordinary 
       instrument,            share 
       type of instrument 
 
       Identification         ISIN: GB00BBG9VN75 
       code 
---  ---------------------  ----------------------------------------- 
 b)   Nature of              Grant of nil-cost options by the 
       the transaction        Company to the CEO over ordinary 
                              shares of 3 5/9 pence per ordinary 
                              share under the terms of a one-off 
                              recruitment award agreement entered 
                              into between the Company and the 
                              CEO pursuant to Listing Rule 9.4.2R(2) 
                              to facilitate his recruitment and 
                              to buy-out awards over stock in 
                              his former employer, which he forfeited 
                              upon joining AVEVA. 
---  ---------------------  ----------------------------------------- 
 c)   Price(s)                Price(s)           Volume(s) 
       and volume(s)          -----------------  --------------- 
                               Nil cost options   296,479 Shares 
                                over shares 
                                priced at 2,034 
                                pence each 
                              -----------------  --------------- 
---  ---------------------  ----------------------------------------- 
 d)   Aggregated             Total 296,479 nil cost options 
       information            over shares priced at 2,034 pence 
                              each 
 
       - Aggregated 
       volume 
 
 
       - Price 
---  ---------------------  ----------------------------------------- 
 e)   Date of the            06 March 2018 
       transaction 
---  ---------------------  ----------------------------------------- 
 f)   Place of               Not on a trading venue 
       the transaction 
---  ---------------------  ----------------------------------------- 
 
 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ------------------------------------------------------------ 
 a)   Description           Nominal cost options to acquire 
       of the financial      ordinary shares of 3 5/9 pence 
       instrument,           per ordinary share at an option 
       type of instrument    exercise price per share of 3 5/9 
                             pence 
       Identification 
       code 
                             ISIN: GB00BBG9VN75 
---  --------------------  -------------------------------------- 
 b)   Nature of             Grant of nominal cost options by 
       the transaction       the Company to the CEO over ordinary 
                             shares of 3 5/9 pence per ordinary 
                             share under the terms of the AVEVA 
                             Group Long term Incentive Plan 
                             2014 at an option exercise price 
                             per share of 3 5/9 pence. 
---  --------------------  -------------------------------------- 
 c)   Price(s)               Price(s)          Volume(s) 
       and volume(s)         ----------------  -------------- 
                              3 5/9 pence       16,204 Shares 
                               options over 
                               shares priced 
                               at 2,034 pence 
                               each 
                             ----------------  -------------- 
---  --------------------  -------------------------------------- 
 d)   Aggregated            Total 16,204 3 5/9 pence options 
       information           over shares priced at 2,034 pence 
                             each 
 
       - Aggregated 
       volume 
 
 
       - Price 
---  --------------------  -------------------------------------- 
 e)   Date of the           06 March 2018 
       transaction 
---  --------------------  -------------------------------------- 
 f)   Place of              Not on a trading venue 
       the transaction 
---  --------------------  -------------------------------------- 
 
 
 Enquires:                     Telephone: 
----------------------------  ------------------- 
 AVEVA Group plc 
 David Ward, Deputy CFO and 
  Company Secretary            [phone] 
----------------------------  ------------------- 
 FTI Consulting 
                               [phone] 
 Ed Bridges/Dwight Burden       1400 
----------------------------  ------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 07, 2018 11:26 ET (16:26 GMT)