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AVV Aveva Group Plc

3,219.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

AVEVA Group PLC Director/PDMR Shareholding (5480C)

01/10/2018 12:36pm

UK Regulatory


TIDMAVV

RNS Number : 5480C

AVEVA Group PLC

01 October 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 
                                                    managerial responsibilities/director 
      Name of person discharging                    named in 3 and identify the 
       managerial responsibilities/director         connected person 
 
 3     SEE ATTACHED SCHEDULE                  4     N/A 
     --------------------------------------  ---  -------------------------------------- 
      Indicate whether the 
       notification is in respect 
       of a holding of the person                  Description of shares (including 
       referred to in 3 or 4                        class), debenture or derivatives 
       above or in respect of                       or financial instruments 
       a non-beneficial interest                    relating to shares 
 
       HOLDING IN RESPECT OF                        OPTIONS TO ACQUIRE ORDINARY 
       PERSON REFERRED TO IN                        SHARES OF 3(5) /(9) PENCE 
 5     3 ABOVE                                6     EACH 
     --------------------------------------  ---  -------------------------------------- 
      Name of registered shareholder(s)            State the nature of the transaction 
       and, if more than one, 
       the number of shares                         OPTION GRANTS BY AVEVA GROUP 
       held by each of them                         PLC UNDER THE AVEVA GROUP 
                                                    SENIOR EMPLOYEE RESTRICTED 
 7     N/A                                    8     SHARE PLAN 2015 
     --------------------------------------  ---  -------------------------------------- 
                                                   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     N/A                                    10    N/A 
     --------------------------------------  ---  -------------------------------------- 
                                                   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    GBP27.50                               14    28 SEPTEMBER 2018, CAMBRIDGE 
     --------------------------------------  ---  -------------------------------------- 
      Total holding following 
       notification and total 
       percentage holding following 
       notification (any treasury 
       shares should not be 
       taken into account when 
       calculating percentage)                     Date issuer informed of transaction 
 
 15    SEE ATTACHED SCHEDULE                  16    28 SEPTEMBER 2018 
     --------------------------------------  ---  -------------------------------------- 
                                                   Period during which or date 
      Date of grant                                 on which it can be exercised 
 
 17    28 SEPTEMBER 2018                      18    SEE ATTACHED SCHEDULE 
     --------------------------------------  ---  -------------------------------------- 
                                                   Description of shares or 
      Total amount paid (if                         debentures involved (class 
       any) for grant of the                        and number) 
       option 
                                                    ORDINARY SHARES OF 3(5) /(9) 
 19    NIL                                    20    PENCE EACH 
     --------------------------------------  ---  -------------------------------------- 
      Exercise price (if fixed 
       at time of grant) or 
       indication that price                       Total number of shares or 
       is to be fixed at the                        debentures over which options 
       time of exercise                             held following notification 
 
 21    3(5) /(9) PENCE PER SHARE              22    SEE ATTACHED SCHEDULE 
     --------------------------------------  ---  -------------------------------------- 
                                                   Name of contract and telephone 
      Any additional information                    number for queries 
 
 23    SEE ATTACHED SCHEDULE                  24    CLAIRE DENTON 01223 556640 
     --------------------------------------  ---  -------------------------------------- 
 

SCHEDULE

The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:

Andrew McCloskey

Ravi Gopinath

Mark Cooper

David Ward

Steen Lomholt-Thomsen

On 28 September 2018, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 3(5) /(9) pence each in the Company in favour of each of the above-named PDMRs under the terms of the AVEVA Group Senior Employee Restricted Share Plan 2015.

The number of shares in respect of which an option was granted to each PDMR is set against his/her name below:

 
 PDMR                     Option Grant 
 Andrew McCloskey            3,074 
                         ------------- 
 Ravi Gopinath               4,915 
                         ------------- 
 Mark Cooper                 2,184 
                         ------------- 
 David Ward                  3,436 
                         ------------- 
 Steen Lomholt-Thomsen       4,167 
                         ------------- 
 Total                       17,776 
                         ------------- 
 

The options each have the following vesting conditions:

-- the option shall vest in full on the third anniversary date of grant provided that the option holder remains an employee or director of the AVEVA Group.

   --     the options shall lapse on the fifth anniversary of the date of grant. 

For each of these PDMRs, the total number of shares held beneficially 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 
 Andrew McCloskey              -               3,074 
                         ------------  -------------------- 
 Ravi Gopinath                 -               4,915 
                         ------------  -------------------- 
 Mark Cooper                   -               2,184 
                         ------------  -------------------- 
 David Ward                  4,501            62,260 
                         ------------  -------------------- 
 Steen Lomholt-Thomsen       3,603            47,195 
                         ------------  -------------------- 
 
 
 Enquires:                             Telephone: 
 AVEVA Group plc 
 David Ward, Deputy CFO and Company 
  Secretary                            +44 (0)1223 556655 
 Claire Denton, Deputy 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 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

DSHUAOARWSARRAA

(END) Dow Jones Newswires

October 01, 2018 07:36 ET (11:36 GMT)

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