1 Oct 2018 12:39
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 ATTACHED SCHEDULE | 4 | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected 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 derivatives or financial instruments relating to shares
OPTIONS TO ACQUIRE 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
N/A | 8 | State the nature of the transaction
OPTION GRANTS BY AVEVA GROUP PLC UNDER THE AVEVA GROUP LONG TERM INCENTIVE PLAN 2014
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9 | Number of shares, debentures or financial instruments relating to shares acquired
N/A
| 10 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
N/A
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11 | Number of shares, debentures or financial instruments relating to shares disposed
N/A
| 12 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage
N/A
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13 | Price per share of value of transaction
£27.50
| 14 | Date and place of transaction
28 SEPTEMBER 2018, CAMBRIDGE |
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
28 SEPTEMBER 2018 |
17 | Date of grant
28 SEPTEMBER 2018 | 18 | Period during which or date on which it can be exercised
OPTIONS ARE SUBJECT TO CERTAIN PERFORMANCE CRITERIA HAVING BEEN ACHIEVED. THE OPTIONS ARE NOT EXERCISABLE UNTIL 2021 AND HAVE A SEVEN YEAR EXERCISE PERIOD
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19 | Total amount paid (if any) for grant of the option
NIL
| 20 | Description of shares or debentures involved (class and number)
ORDINARY SHARES OF 35/9 PENCE EACH
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21 | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
35/9 PENCE PER SHARE
| 22 | Total number of shares or debentures over which options held following notification
SEE ATTACHED SCHEDULE |
23 | Any additional information
SEE ATTACHED SCHEDULE | 24 | Name of contract and telephone number for queries
CLAIRE DENTON 01223 556640
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SCHEDULE
The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:
Craig Hayman
James Kidd
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 35/9 pence each (subject to performance criteria) in the Company in favour of each of the above-named PDMRs under the terms of the AVEVA Group Long Term Incentive Plan 2014.
The number of shares in respect of which an option was granted to each PDMR is set against his name below:
PDMR | Option Grant |
Craig Hayman | 63,636 |
James Kidd | 31,818 |
Andrew McCloskey | 9,223 |
Ravi Gopinath | 14,746 |
Mark Cooper | 6,552 |
David Ward | 10,309 |
Steen Lomholt-Thomsen | 47,353 |
Total | 183,637 |
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 |
Craig Hayman | - | 377,076 |
James Kidd | 21,191 | 130,183 |
Andrew McCloskey | - | 12,297 |
Ravi Gopinath | - | 19,661 |
Mark Cooper | - | 8,736 |
David Ward | 4,501 | 72,569 |
Steen Lomholt-Thomsen | 3,603 | 94,548 |
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 |