AVEVA Group PLC Director/PDMR Shareholding (7018K)

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RNS Number : 7018K

AVEVA Group PLC

17 December 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 
                                                    LONG TERM INCENTIVE PLAN 
 7     N/A                                    8     2014 
     --------------------------------------  ---  -------------------------------------- 
                                                   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    GBP24.696                              14    13 DECEMBER 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    13 DECEMBER 2018 
     --------------------------------------  ---  -------------------------------------- 
                                                   Period during which or date 
                                                    on which it can be exercised 
 
                                                    OPTIONS ARE SUBJECT TO CERTAIN 
                                                    PERFORMANCE CRITERIA HAVING 
                                                    BEEN ACHIEVED. THE OPTIONS 
      Date of grant                                 ARE NOT EXERCISABLE UNTIL 
                                                    2021 AND HAVE A SEVEN YEAR 
 17    13 DECEMBER 2018                       18    EXERCISE PERIOD 
     --------------------------------------  ---  -------------------------------------- 
                                                   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 name of the person discharging managerial responsibilities ("PDMR") in respect of whom this notification is made is Lisa Johnston.

On 13 December 2018, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 3(5) /(9) pence each (subject to performance criteria) in the Company in favour of the above-named PDMR under the terms of the AVEVA Group Long Term Incentive Plan 2014.

The number of shares in respect of which an option was granted is 9,586.

Following this, Ms Johnston holds no shares and holds options over 9,586 ordinary shares.

 
 Enquires:                             Telephone: 
 AVEVA Group plc 
 David Ward, Deputy CFO and Company 
  Secretary                            [phone] 
 Claire Denton, Deputy Company 
  Secretary                            [phone] 
 
 
 FTI Consulting              Telephone: 
 Ed Bridges/Dwight Burden    [phone] 
 

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December 17, 2018 06:46 ET (11:46 GMT)