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Director/PDMR Shareholding

5th Aug 2013 16:16

RNS Number : 9891K
AVEVA Group PLC
05 August 2013
 



NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL REPONSIBILITY 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)

 

3

Name of person discharging managerial responsibilities/director

 

JAMES KIDD

DAVE WHEELDON

HILARY WRIGHT

HELEN BARRETT-HAGUE

MATHEW TRUCHE GORDON

4

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connect person

N/A

 

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 derivates or financial instruments relating to shares

ORDINARY SHARES OF 35/9 PENCE EACH

 

7

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

SEE SCHEDULE

 

8

State the nature of the transaction

EXERCISE OF OPTIONS UNDER THE AVEVA GROUP PLC LONG TERM INCENTIVE PLAN

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)

NEGLIBLE

11

Number of shares, debentures or financial instruments relating to shares disposed

SEE ATTACHED SCHEDULE

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage

NEGLIBLE

13

Price per share of value of transaction

IN RELATION TO JAMES KIDD, DAVE WHEELDON, HILARY WRIGHT AND HELEN BARRETT-HAGUE - £24.51

 

IN RELATION TO MATHEW TRUCHE GORDON - £24.69

14

Date and place of transaction

 

IN RELATION TO JAMES KIDD, DAVE WHEELDON, HILARY WRIGHT AND HELEN BARRETT-HAGUE - 2 AUGUST 2013, CAMBRIDGE

 

IN RELATION TO MATHEW TRUCHE GORDON - 5 AUGUST 2013, 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

 

IN RELATION TO JAMES KIDD, DAVE WHEELDON, HILARY WRIGHT AND HELEN BARRETT-HAGUE - 2 AUGUST 2013

IN RELATION TO MATHEW TRUCHE GORDON - 5 AUGUST 2013, CAMBRIDGE

 

 

 

 

 

 

 

17

Date of grant

N/A

18

Period during which or date on which it can be exercised

N/A

19

Total amount paid (if any) for grant of the option

N/A

20

Description of shares or debentures involved (class and number)

N/A

21

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22

Total number of shares or debentures over which options held following notification

N/A

23

Any additional information

 

N/A

24

Name of contract and telephone number for queries

 

HELEN BARRETT-HAGUE

01223 556673

 

 

SCHEDULE

 

James Kidd, Chief Financial Officer

 

Mr Kidd exercised options over 804 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 378 shares at a price of £24.51 per share to fund the exercise cost and the resulting tax liability and retained the remaining 426 ordinary shares in his wife's name.

 

Following this, Mr Kidd owns 7,336 ordinary shares and holds options over 28,917 ordinary shares. This number does not include 1,631 options granted in 2010 under the AVEVA Group plc Long Term Incentive Plan as the performance criteria attached to the award were not fully met.

 

 

Dave Wheeldon, PDMR

Mr Wheeldon exercised options over 3,227 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 1,515 shares at a price of £24.51 per share to fund the exercise cost and the resulting tax liability and retained the remaining 1,712 ordinary shares.

 

Following this, Mr Wheeldon owns 67,806 ordinary shares and holds options over 43,227 ordinary shares. This number does not include 6,551 options granted in 2010 under the AVEVA Group plc Long Term Incentive Plan as the performance criteria attached to the award were not fully met.

 

 

Hilary Wright, PDMR

 

Mrs Wright exercised options over 1,706 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 801 shares at a price of £24.51 per share to fund the exercise cost and the resulting tax liability and retained the remaining 905 ordinary shares.

 

Following this, Mrs Wright owns 2,755 ordinary shares and holds options over 14,716 ordinary shares. This number does not include 3,463 options granted in 2010 under the AVEVA Group plc Long Term Incentive Plan as the performance criteria attached to the award were not fully met.

 

Helen Barrett-Hague, PDMR

 

Mrs Barrett-Hague exercised options over 712 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 712 shares at a price of £24.51 per share.

 

Following this, Mrs Barrett-Hague owns no ordinary shares and holds options over 4,401 ordinary shares. This number does not include 1,446 options granted in 2010 under the AVEVA Group plc Long Term Incentive Plan as the performance criteria attached to the award were not fully met.

 

Mathew Truche Gordon, PDMR

 

Mr Truche Gordon exercised options over 773 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 3 5/9 pence per share, sold 365 shares at a price of £24.69 per share to fund the exercise cost and the resulting tax liability and retained the remaining 408 ordinary shares in his wife's name.

 

Following this, Mr Truche Gordon owns 3,248 ordinary shares and holds options over 16,559 ordinary shares. This number does not include 1,568 options granted in 2010 under the AVEVA Group plc Long Term Incentive Plan as the performance criteria attached to the award were not fully met.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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