27th Jul 2010 16:27
NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL REPONSIBILITY AND CONNECTED PERSONS
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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 connect 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 derivates or financial instruments relating to shares ORDINARY SHARES OF 3.33 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
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8 |
State the nature of the transaction OPTION GRANTS BY AVEVA GROUP PLC UNDER THE AVEVA GROUP LONG TERM INCENTUIVE PLAN |
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9 |
Number of shares, debentures or financial instruments relating to shares acquired N/A
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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
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12 |
Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage N/A |
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13 |
Price per share of value of transaction
N/A |
14 |
Date and place of transaction
26 JULY 2010, CAMBRIDGE
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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
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16 |
Date issuer informed of transaction
26 JULY 2010 |
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17 |
Date of grant 26 JULY 2010 |
18 |
Period during which or date on which it can be exercised OPTIONS ARE SUBJECT TO CERTAIN PERFORMANCE CRITERIA HAVING BEEN ACHIEVED. THE OPTIONS ARE NOT EXCISEABLE UNTIL 2013 AND HAVE A FOUR YEAR EXERCISE PERIOD. |
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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 3.33 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 3.33 PENCE PER SHARE
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22 |
Total number of shares or debentures over which options held following notification SEE ATTACHED SCHEDULE |
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23 |
Any additional information
N/A |
24 |
Name of contract and telephone number for queries
HELEN BARRETT-HAGUE 01223 556673
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SCHEDULE
The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:
Richard Longdon
Paul Taylor
David Wheeldon
Derek Middlemas
Hilary Wright
Helen Barrett-Hague
On 26th July 2010, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 3.33 pence each (subject to performance criteria) in the Company in favour of each of the above named PDMRs under the terms of the AVEVA Group Long Term Incentive Plan.
The number of shares in respect of which an option was granted to each PDMR is set against his/her name below:
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PDMR |
Role |
Number of Shares |
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Richard Longdon |
Chief Executive Officer |
25,038 |
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Paul Taylor |
Finance Director |
12,923 |
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David Wheeldon |
Group Product Development Director |
9,778 |
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Derek Middlemas |
Group Operations Director |
11,385 |
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Hilary Wright |
Group HR Manager |
5,169 |
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Helen Barrett-Hague |
Group Legal Counsel and Company Secretary |
2,158 |
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 |
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Richard Longdon |
378,024 |
89,749 |
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Paul Taylor |
68,405 |
54,684 |
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David Wheeldon |
80,874 |
54,447 |
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Derek Middlemas |
1,061 |
67,348 |
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Hilary Wright |
- |
18,883 |
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Helen Barrett-Hague |
- |
2,158 |
Related Shares:
AVV.L