19th Feb 2008 12:24
AVEVA Group PLC19 February 2008 AVEVA Group plc announces the following Director share dealings. In advance of the proposed changes to the Capital Gains Tax legislation:Richard Longdon, Chief Executive, on Tuesday the 19th February, sold 500,000ordinary shares at a price of 1068p. Mr Longdon intends to repurchase around400,000 shares at an appropriate time in future. Following this transaction, MrLongdon does not hold any shares but retains options over 171,376 shares. In addition, Paul Taylor, Finance Director, on Tuesday the 19th February sold24,000 ordinary shares at a price of 1068p. Mr Taylor also exercised optionsover a further 27,000 ordinary shares of which he sold 3,000 shares at a priceof 1068p to part settle the tax liability arising and retained the remaining24,000 shares. Following this transaction, Mr Taylor continues to hold 50,000ordinary shares and retains options over 88,262 shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AVV.L