12 Sep 2017 15:57
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 SENIOR EMPLOYEE RESTRICTED SHARE PLAN 2015
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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
|
13 | Price per share of value of transaction
£24.46
| 14 | Date and place of transaction
8 SEPTEMBER 2017, 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
8 SEPTEMBER 2017 |
17 | Date of grant
8 SEPTEMBER 2017 | 18 | Period during which or date on which it can be exercised
SEE ATTACHED SCHEDULE
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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:
Steen Lomholt-Thomsen
David Wheeldon
Grimur Lund
Evgeny Fedotov
Martin Yeomans
Clare Bye
Bruce Douglas
Amish Sabharwal
Trond Straume
Claire Denton
Michael Halloran
Navtej Garewal
On 8 September 2017, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 35/9 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 |
Steen Lomholt-Thomsen | 4,685 |
David Wheeldon | 11,754 |
Grimur Lund | 4,188 |
Evgeny Fedotov | 3,666 |
Martin Yeomans | 3,577 |
Clare Bye | 3,066 |
Bruce Douglas | 2,964 |
Amish Sabharwal | 3,149 |
Trond Straume | 3,679 |
Claire Denton | 2,964 |
Michael Halloran | 3,066 |
Navtej Garewal | 3,973 |
Total | 50,731 |
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 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 |
Steen Lomholt-Thomsen | - | 4,685 |
David Wheeldon | 73,556 | 47,211 |
Grimur Lund | 9,236 | 24,334 |
Evgeny Fedotov | - | 14,201 |
Martin Yeomans | 1,474 | 7,423 |
Clare Bye | - | 10,655 |
Bruce Douglas | 8,609 | 8,719 |
Amish Sabharwal | 2,500 | 6,337 |
Trond Straume | - | 11,936 |
Claire Denton | - | 8,074 |
Michael Halloran | 1,379 | 11,018 |
Navtej Garewal | 1,760 | 15,683 |
Enquires: | Telephone: |
AVEVA Group plc | |
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 |