14 Sep 2017 17:23
NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
1 | Name of the issuer
AVEVA GROUP PLC | 2 | 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)
NOTIFICATION UNDER (i)
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3 | Name of person discharging managerial responsibilities/director
SEE SCHEDULE
| 4 | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connect person
N/A
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5 | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
HOLDING IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE
| 6 | Description of shares (including class), debenture or derivates or financial instruments relating to shares
ORDINARY SHARES OF 35/9 PENCE EACH
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7 | Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
SEE SCHEDULE
| 8 | State the nature of the transaction
EXERCISE OF OPTIONS UNDER THE AVEVA GROUP SENIOR EMPLOYEE RESTRICTED SHARE PLAN 2015
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9 | Number of shares, debentures or financial instruments relating to shares acquired
SEE ATTACHED SCHEDULE
| 10 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
NEGLIGIBLE |
11 | Number of shares, debentures or financial instruments relating to shares disposed
SEE ATTACHED SCHEDULE | 12 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage
NEGLIGIBLE
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13 | Price per share of value of transaction
£23.8685 | 14 | Date and place of transaction
13 SEPTEMBER 2017, CAMBRIDGE
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15 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
SEE ATTACHED SCHEDULE
| 16 | Date issuer informed of transaction
13 SEPTEMBER 2017
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17 | Date of grant
N/A
| 18 | Period during which or date on which it can be exercised
N/A
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19 | Total amount paid (if any) for grant of the option
N/A
| 20 | Description of shares or debentures involved (class and number)
N/A |
21 | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
N/A
| 22 | Total number of shares or debentures over which options held following notification
N/A
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23 | Any additional information
N/A | 24 | Name of contact and telephone number for queries
CLAIRE DENTON: 01223 556640
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SCHEDULE
David Ward, Chief Financial Officer
Mr Ward exercised options over 1,401 shares under the AVEVA Group Senior Employee Restricted Share Plan 2015 at an exercise price of 35/9 pence per share, and retained all 1,401 ordinary shares in his wife's name, settling the Income Tax and National Insurance and liabilities separately.
Grimur Lund, PDMR
Mr Lund exercised options over 1,836 shares under the AVEVA Group Senior Employee Restricted Share Plan 2015 at an exercise price of 35/9 pence per share, and sold all 1,836 shares at a price of £23.8685 per share.
The total number of shares held and the total number of shares over which options to acquire shares are held following the grant of these options for these individuals is respectively:
PDMR | Shares held | Shares under option |
David Ward | 2,081 | 41,324 |
Grimur Lund | 14,116 | 28,110 |
Enquires: | |
AVEVA Group plc | Telephone: |
David Ward, Chief Financial Officer | +44 (0)1223 556655 |
Claire Denton, Company Secretary | +44 (0)1223 556655 |
FTI Consulting | Telephone: |
Ed Bridges/Dwight Burden | +44 (0)20 3727 1400 |