19th Jul 2022 09:29
AVEVA Group plc
(the 'Company')
Director/PDMR Shareholding
The Company announces that on 15 July 2022, share awards(1) granted under the AVEVA Restricted Share Plan ('RSP') on 15 July 2021 vested in favour of certain Persons Discharging Managerial Responsibilities ('PDMR').
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(3) | Shares Retained |
Rónán De Hooge | EVP, Cloud Platform Business | 15/07/2021 | 2,317 | 948(2) | 1,369 |
Kimthu Doan | EVP, Customer Success and Renewals | 15/07/2021 | 1,903 | 781(2) | 1,122 |
Lisa Johnston | Chief Marketing Officer and Chief Sustainability Officer | 15/07/2021 | 1,218 | 375(2) | 843 |
Andrew McCloskey | Chief Technology Officer and EVP of R&D | 15/07/2021 | 1,538 | 631(2) | 907 |
Robert McGreevy | Chief Product Officer | 15/07/2021 | 1,443 | 516(2) | 927 |
Rashesh Mody | EVP, Operations Business | 15/07/2021 | 872 | 358(2) | 514 |
(1) The share awards were made in respect of the Company's ordinary shares of 35/9 pence each.
(2) On the vesting of conditional share awards under the RSP for Rónán De Hooge, Kimthu Doan, Lisa Johnston, Andrew McCloskey, Robert McGreevy and Rashesh Mody shares were released automatically and some of those shares were sold to cover personal taxes on 15 July 2022 at a price of £22.51 per share, details of which were notified to the Company on 15 July 2022.
(3) 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 | 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 35/9 pence each
ISIN: GB00BBG9VN75 | |
b) | Nature of the transaction | Vesting of conditional share awards under the RSP granted on 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 2,317
| ||
d) | Aggregated information - Aggregated volume - Price |
2,317
Nil
| |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 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)
|
£22.51 | 948 | ||
d) | Aggregated information - Aggregated volume - Price |
948 £22.51 | |
e) | Date of the transaction | 2022-07-15 | |
f) | Place of the transaction | XLON
| |
1 | Details of the person discharging managerial responsibilities/person closely associates |
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 35/9 pence each
ISIN: GB00BBG9VN75 | |
b) | Nature of the transaction | Vesting of conditional share awards under the RSP granted on 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 1,903
| ||
d) | Aggregated information - Aggregated volume - Price |
1,903
Nil
| |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 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)
|
£22.51 | 781 | ||
d) | Aggregated information - Aggregated volume - Price |
781 £22.51 | |
e) | Date of the transaction | 2022-07-15 | |
f) | Place of the transaction | XLON
| |
1 | Details of the person discharging managerial responsibilities/person closely associates |
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 35/9 pence each
ISIN: GB00BBG9VN75 | |
b) | Nature of the transaction | Vesting of conditional share awards under the RSP granted on 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 1,218
| ||
d) | Aggregated information - Aggregated volume - Price |
1,218
Nil
| |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 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)
|
£22.51 | 375 | ||
d) | Aggregated information - Aggregated volume - Price |
375 £22.51 | |
e) | Date of the transaction | 2022-07-15 | |
f) | Place of the transaction | XLON
| |
1 | Details of the person discharging managerial responsibilities/person closely associates |
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 35/9 pence each
ISIN: GB00BBG9VN75 | |
b) | Nature of the transaction | Vesting of conditional share awards under the RSP granted on 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 1,538
| ||
d) | Aggregated information - Aggregated volume - Price |
1,538
Nil
| |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 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)
|
£22.51 | 631 | ||
d) | Aggregated information - Aggregated volume - Price |
631 £22.51 | |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 pence each
ISIN: GB00BBG9VN75 | |
b) | Nature of the transaction | Vesting of conditional share awards under the RSP granted on 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 1,443
| ||
d) | Aggregated information - Aggregated volume - Price |
1,443
Nil
| |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 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)
|
£22.51 | 516 | ||
d) | Aggregated information - Aggregated volume - Price |
516 £22.51 | |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 pence each
ISIN: GB00BBG9VN75 | |
b) | Nature of the transaction | Vesting of conditional share awards under the RSP granted on 15 July 2021
| |
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
Nil | 872
| ||
d) | Aggregated information - Aggregated volume - Price |
872
Nil
| |
e) | Date of the transaction | 2022-07-15 | |
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 35/9 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)
|
£22.51 | 358 | ||
d) | Aggregated information - Aggregated volume - Price |
358 £22.51 | |
e) | Date of the transaction | 2022-07-15 | |
f) | Place of the transaction | XLON
|
Related Shares:
AVV.L