AVEVA Group plc (AVV)
Director/PDMR Shareholding
28-Oct-2022 / 09:58 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
AVEVA Group plc (the ‘Company’) Director/PDMR Shareholding The Company announces that on 27 October 2022, share awards(1) granted under the AVEVA Restricted Share Plan (‘AVEVA RSP’) and AVEVA Long Term Incentive Plan (‘AVEVA LTIP’) on 26 July 2019 and 15 July 2021 vested in favour of Persons Discharging Managerial Responsibilities (‘PDMRs’). A summary of the ordinary shares acquired from the vesting and sale of sufficient shares to cover personal tax obligations is set out below. | Name | Role | Share Award | Date of Award | Shares Released | Number of Shares Sold(2) | Shares Retained | | Rónán De Hooge | EVP, Cloud Platform Business | AVEVA RSP | 15/07/2021 | 25 | 10(3) | 15 | | Kimthu Doan | EVP, Customer Success and Renewals | AVEVA RSP | 15/07/2021 | 20 | 9(3) | 11 | | Andrew McCloskey | Chief Technology Officer and EVP of R&D | AVEVA RSP | 26/07/2019 | 32 | 12(3) | 20 | | AVEVA RSP | 26/07/2019 | 75 | 27(3) | 48 | | AVEVA RSP | 15/07/2021 | 16 | 7(3) | 9 | | AVEVA LTIP | 26/07/2019 | 96 | 35(4) | 61 | | Robert McGreevy | Chief Product Officer | AVEVA RSP | 26/07/2019 | 20 | 7(3) | 13 | | AVEVA RSP | 15/07/2021 | 15 | 6(3) | 9 | | AVEVA LTIP | 26/07/2019 | 56 | 18(4) | 38 | | Rashesh Mody | EVP, Operations Business | AVEVA RSP | 26/07/2019 | 19 | 8(3) | 11 | | AVEVA RSP | 15/07/2021 | 9 | 4(3) | 5 | | AVEVA LTIP | 26/07/2019 | 48 | 18(4) | 30 |
- The share awards were made in respect of the Company’s ordinary shares of 3 5/9 pence each.
- Sufficient shares were sold to cover personal tax obligations arising on the vesting and any associated dealing costs, and the balance was retained.
- On the vesting of conditional share awards under the AVEVA RSP for Rónán de Hooge, Kimthu Doan, Andrew McCloskey, Robert McGreevy and Rashesh Mody, shares were released automatically and some of those shares were sold to cover personal taxes on 27 October 2022 at a price of £31.37 per share, details of which were notified to the Company on the same day.
- On the vesting of performance share awards under the AVEVA LTIP for Andrew McCloskey, Robert McGreevy and Rashesh Mody, shares were released automatically and some of those shares were sold to cover personal taxes on 27 October 2022 at a price of £31.37 per share, details of which were notified to the Company on the same day.
For further details, please contact: Enquiries: | AVEVA Group plc | | | Helen Lamprell, General Counsel and Company Secretary | +44 (0)1223 556655 | | Matt Springett, Head of Investor Relations | +44 (0)7789 818684 | | FTI Consulting LLP | | | Edward Bridges/Dwight Burden | +44 (0) 20 3727 1000 |
The notification below is made in accordance with the requirements of the Market Abuse Regulation. | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Rónán De Hooge | | 2 | Reason for the notification | | a) | Position/status | EVP, Cloud Platform Business | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Vesting of conditional share awards under the AVEVA RSP granted on 15 July 2021 | | c) | Price(s) and volume(s) | Price(s) | Volume(s) | | Nil | 25 | | d) | Aggregated information | 25 Nil | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | Outside a trading venue | | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Rónán De Hooge | | 2 | Reason for the notification | | a) | Position/status | EVP, Cloud Platform Business | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Sale of shares to cover personal tax obligations | | c) | Price(s) and volume(s) | Price(s) | Volume(s) | | £31.37 | 10 | | d) | Aggregated information | 10 £31.37 | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | XLON |
| 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Kimthu Doan | | 2 | Reason for the notification | | a) | Position/status | EVP, Customer Success and Renewals | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Vesting of conditional share awards under the AVEVA RSP granted on 15 July 2021 | | c) | Price(s) and volume(s) | Price(s) | Volume(s) | | Nil | 20 | | d) | Aggregated information | 20 Nil | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | Outside a trading venue | | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Kimthu Doan | | 2 | Reason for the notification | | a) | Position/status | EVP, Customer Success and Renewals | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Sale of shares to cover personal tax obligations | | c) | Price(s) and volume(s) | Price(s) | Volume(s) | | £31.37 | 9 | | d) | Aggregated information | 9 £31.37 | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | XLON |
| 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Andrew McCloskey | | 2 | Reason for the notification | | a) | Position/status | Chief Technology Officer and EVP of R&D | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Vesting of conditional share awards under the AVEVA RSP granted on (1)(2) 26 July 2019 and (3) 15 July 2021, and vesting of performance share awards under the AVEVA LTIP granted on (4) 26 July 2019 | | c) | Price(s) and volume(s) | | | Price(s) | Volume(s) | | 1. | Nil | 32 | | 2. | Nil | 75 | | 3. | Nil | 16 | | 4. | Nil | 96 |
| | d) | Aggregated information | 219 Nil | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | Outside a trading venue | | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Andrew McCloskey | | 2 | Reason for the notification | | a) | Position/status | Chief Technology Officer and EVP of R&D | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Sale of shares to cover personal tax obligations | | c) | Price(s) and volume(s) | | 1. | £31.37 | 12 | | 2. | £31.37 | 27 | | 3. | £31.37 | 7 | | 4. | £31.37 | 35 |
| | d) | Aggregated information | 81 £31.37 | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | XLON |
| 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Robert McGreevy | | 2 | Reason for the notification | | a) | Position/status | Chief Product Officer | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Vesting of conditional share awards under the AVEVA RSP granted on (1) 26 July 2019 and (2) 15 July 2021, and vesting of performance share awards under the AVEVA LTIP granted on (3) 26 July 2019 | | c) | Price(s) and volume(s) | | | Price(s) | Volume(s) | | 1. | Nil | 20 | | 2. | Nil | 15 | | 3. | Nil | 56 |
| | d) | Aggregated information | 91 Nil | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | Outside a trading venue | | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Robert McGreevy | | 2 | Reason for the notification | | a) | Position/status | Chief Product Officer | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Sale of shares to cover personal tax obligations | | c) | Price(s) and volume(s) | | 1. | £31.37 | 7 | | 2. | £31.37 | 6 | | 3. | £31.37 | 18 |
| | d) | Aggregated information | 31 £31.37 | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | XLON |
| 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Rashesh Mody | | 2 | Reason for the notification | | a) | Position/status | EVP, Operations Business | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Vesting of conditional share awards under the AVEVA RSP granted on (1) 26 July 2019 and (2) 15 July 2021, and vesting of performance share awards under the AVEVA LTIP granted on (3) 26 July 2019 | | c) | Price(s) and volume(s) | | | Price(s) | Volume(s) | | 1. | Nil | 19 | | 2. | Nil | 9 | | 3. | Nil | 48 |
| | d) | Aggregated information | 76 Nil | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | Outside a trading venue | | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Rashesh Mody | | 2 | Reason for the notification | | a) | Position/status | EVP, Operations Business | | b) | Initial notification/ Amendment | Initial notification | | 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 of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Sale of shares to cover personal tax obligations | | c) | Price(s) and volume(s) | | 1. | £31.37 | 8 | | 2. | £31.37 | 4 | | 3. | £31.37 | 18 |
| | d) | Aggregated information | 30 £31.37 | | e) | Date of the transaction | 2022-10-27 | | f) | Place of the transaction | XLON |
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