28th Jun 2022 18:24
AVEVA Group plc
(the "Company")
Director/PDMR Shareholding
28 June 2022
The Company announces that on 23 June 2022 and 27 June 2022, share awards(1) granted under the AVEVA Deferred Share Bonus Plan ('DSBP') on 26 July 2019, 11 September 2020 and 15 July 2021 vested in favour of certain 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 | Date of Award | Shares Released | Number of Shares Sold(4) | Shares Retained |
James Kidd | Chief Strategy and Transformation Officer | 26/07/2019 | 2,625 | 1,277(2) | 1,348 |
11/09/2020 | 6 | 3(2) | 3 | ||
Andrew McCloskey | Chief Technology Officer | 26/07/2019 | 1,377 | 564(3) | 813 |
11/09/2020 | 998 | 409(3) | 589 | ||
15/07/2021 | 732 | 300(3) | 432 | ||
Lisa Johnston | Chief Marketing Officer and Chief Sustainability Officer | 26/07/2019 | 677 | 208(3) | 469 |
11/09/2020 | 824 | 253(3) | 571 | ||
15/07/2021 | 621 | 191(3) | 430 |
(1) The share awards were made in respect of the Company's ordinary shares of 3 5/9 pence each.
(2) On the vesting of options awarded under the DSBP, James Kidd elected to exercise his share option and sell some of the shares to cover personal taxes on 24 June 2022 at a price of £24.88 per share, details of which were notified to the Company on 27 June 2022.
(3) On the vesting of conditional share awards under the DSBP for Andrew McCloskey and Lisa Johnston, shares were released automatically and some of those shares were sold to cover personal taxes on 24 June 2022 and 27 June 2022 at a price of £24.88 per share and £24.92 per share, details of which were notified to the Company on 24 June 2022 and 27 June 2022, respectively.
(4) Sufficient shares were sold to cover personal tax obligations arising on the vesting and any associated dealing costs, and the balance was retained.
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 | James Kidd | |
2 | Reason for the notification | ||
a) | Position/status | Chief Strategy and Transformation 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 | Exercise of share options under the DSBP granted on 26 July 2019
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 2,625
| ||
d) | Aggregated information - Aggregated volume - Price |
2,625
Nil
| |
e) | Date of the transaction | 2022-06-24 | |
f) | Place of the transaction | Outside a trading venue
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | James Kidd
| |
2 | Reason for the notification | ||
a) | Position/status | Chief Strategy and Transformation 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) | Price(s) | Volume(s)
|
£24.88 | 1,277 | ||
d) | Aggregated information - Aggregated volume - Price |
1,277
£24.88 | |
e) | Date of the transaction | 2022-06-24 | |
f) | Place of the transaction | XLON
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | James Kidd | |
2 | Reason for the notification | ||
a) | Position/status | Chief Strategy and Transformation 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 | Exercise of share options under the DSBP granted on 11 September 2020
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil
| 6
| ||
d) | Aggregated information - Aggregated volume - Price |
6 Nil
| |
e) | Date of the transaction | 2022-06-24 | |
f) | Place of the transaction | Outside a trading venue
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | James Kidd | |
2 | Reason for the notification | ||
a) | Position/status | Chief Strategy and Transformation 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) | Price(s) | Volume(s)
|
£24.88 | 3 | ||
d) | Aggregated information - Aggregated volume
- Price |
3
£24.88
| |
e) | Date of the transaction | 2022-06-24 | |
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 | |
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 DSBP granted on 26 July 2019
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 1,377
| ||
d) | Aggregated information - Aggregated volume - Price |
1,377
Nil
| |
e) | Date of the transaction | 2022-06-23 | |
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 | |
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)
|
£24.88 | 564 | ||
d) | Aggregated information - Aggregated volume - Price |
564
£24.88 | |
e) | Date of the transaction | 2022-06-24 | |
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 | |
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 DSBP granted on 11 September 2020 and 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil Nil
| 998 732 | ||
d) | Aggregated information - Aggregated volume
- Price |
998 732 Nil Nil
| |
e) | Date of the transaction | 2022-06-27 | |
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 | |
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)
|
£24.92 £24.92
| 409 300 | ||
d) | Aggregated information - Aggregated volume
- Price |
409 300 £24.92 £24.92
| |
e) | Date of the transaction | 2022-06-27 | |
f) | Place of the transaction | XLON
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | Lisa Johnston | |
2 | Reason for the notification | ||
a) | Position/status | Chief Marketing Officer and Chief Sustainability 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 DSBP granted on 26 July 2019
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 677
| ||
d) | Aggregated information - Aggregated volume - Price |
677
Nil
| |
e) | Date of the transaction | 2022-06-23 | |
f) | Place of the transaction | Outside a trading venue
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | Lisa Johnston | |
2 | Reason for the notification | ||
a) | Position/status | Chief Marketing Officer and Chief Sustainability 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) | Price(s) | Volume(s)
|
£24.88 | 208 | ||
d) | Aggregated information - Aggregated volume - Price |
208 £24.88 | |
e) | Date of the transaction | 2022-06-24 | |
f) | Place of the transaction | XLON
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | Lisa Johnston | |
2 | Reason for the notification | ||
a) | Position/status | Chief Marketing Officer and Chief Sustainability 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 DSBP granted on 11 September 2020 and 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil Nil | 824 621
| ||
d) | Aggregated information - Aggregated volume
- Price |
824 621
Nil Nil
| |
e) | Date of the transaction | 2022-06-27 | |
f) | Place of the transaction | Outside a trading venue
| |
1 | Details of the person discharging managerial responsibilities/person closely associates | ||
a) | Name | Lisa Johnston | |
2 | Reason for the notification | ||
a) | Position/status | Chief Marketing Officer and Chief Sustainability 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) | Price(s) | Volume(s)
|
£24.92 £24.92 | 253 191 | ||
d) | Aggregated information - Aggregated volume
- Price |
253 191
£24.92 £24.92
| |
e) | Date of the transaction | 2022-06-27 | |
f) | Place of the transaction | XLON
| |
Related Shares:
AVV.L