14 Sep 2020 13:05
NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
1 | Name of the issuer AVEVA GROUP PLC | 2 | Notifications, made pursuant to Article 19(3) of the Market Abuse Regulation
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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 AND CONDITIONAL SHARE AWARDS 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 AND CONDITIONAL SHARE AWARD GRANTS BY AVEVA GROUP PLC UNDER THE AVEVA GROUP DEFERRED SHARE BONUS PLAN
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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) SEE ATTACHED SCHEDULE |
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 | 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
| 14 | Date of transaction
11 SEPTEMBER 2020 |
15 | Date of grant 11 SEPTEMBER 2020 | 16 | Period during which or date on which it can be exercised OPTIONS MAY NORMALLY BE EXERCISED/CONDITIONAL SHARE AWARDS VEST AS TO ONE-THIRD OF THE SHARES UNDER OPTION/CONDITIONAL SHARE AWARD ON EACH OF 11 SEPTEMBER 2021, 2022, 2023.
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17 | Total amount paid (if any) for grant of the option/conditional share award NIL
| 18 | Description of shares or debentures involved (class and number) N/A |
19 | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise NIL
| 20 | Total number of shares or debentures over which options/conditional share awards held following notification SEE ATTACHED SCHEDULE |
21 | Any additional information
SEE ATTACHED SCHEDULE | 22 | Name of contract and telephone number for queries
DAVID WARD 01223 556655 |
SCHEDULE
The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:
Craig Hayman
James Kidd
Ravi Gopinath
David Ward
Mark Cooper
Andrew McCloskey
Steen Lomholt-Thomsen
Lisa Johnston
On 11 September 2020, AVEVA Group plc (the "Company") granted options and conditional share awards (as designated in the table below) 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 Deferred Share Bonus Plan (the "Deferred Share Scheme").
These options and conditional share awards have been granted to serve as the mechanism to deliver ordinary shares of 35/9 pence each in the Company ("shares") on a deferred basis to recipients as a deferred bonus in respect of the financial year ended 31 March 2020.
The number of shares in respect of which an option/conditional share award was granted to each PDMR is set against their name below:
PDMR | Option Grant | Award type |
Craig Hayman | 5,110 | Option |
James Kidd | 3,650 | Option |
Ravi Gopinath | 4,051 | Option |
David Ward | 2,298 | Option |
Mark Cooper | 1,254 | Option |
Andrew McCloskey | 2,367 | Conditional Share Award |
Steen Lomholt-Thomsen | 2,515 | Option |
Lisa Johnston | 1,952 | Conditional Share Award |
Total | 23,197 |
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Enquiries: | Telephone: |
AVEVA Group plc |
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David Ward, Finance Director and Company Secretary | +44 (0)1223 556655 |
Claire Denton, Deputy Company Secretary and General Counsel | +44 (0)1223 556655 |
FTI Consulting | Telephone: |
Ed Bridges/Dwight Burden | +44 (0)20 3727 1400 |