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Director/PDMR Shareholding

22nd Aug 2013 16:05

RNS Number : 3262M
AVEVA Group PLC
22 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

 

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 connected 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

 

OPTIONS TO ACQUIRE ORDINARY SHARES OF 3.556 PENCE EACH

 

7

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

 

N/A

8

State the nature of the transaction

 

OPTION GRANTS BY AVEVA GROUP PLC UNDER THE AVEVA GROUP LONG TERM INCENTIVE PLAN

 

9

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

 

N/A

 

10

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

 

N/A

 

11

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

 

N/A

 

12

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

 

N/A

 

13

Price per share of value of transaction

 

NIL

 

14

Date and place of transaction

 

21 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

 

21 AUGUST 2013

17

Date of grant

 

21 AUGUST 2013

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 EXERCISEABLE UNTIL 2016 AND HAVE A SEVEN YEAR EXERCISE PERIOD

 

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 3.556 PENCE EACH

 

21

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

 

3.556 PENCE PER SHARE

 

22

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

 

SEE ATTACHED SCHEDULE

23

Any additional information

 

SEE ATTACHED SCHEDULE

24

Name of contract and telephone number for queries

 

HELEN BARRETT-HAGUE 01223 556673

 

 

SCHEDULE

 

The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:

 

Richard Longdon

James Kidd

David Wheeldon

Derek Middlemas

Mathew Truche-Gordon

Hilary Wright

Helmut Schuller

Hans van der Drift

Paul Eveleigh

Helen Barrett-Hague

 

On 21 August 2013, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 3.556 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:

 

PDMR

Option Grant

Richard Longdon

19,931

James Kidd

10,647

David Wheeldon

9,369

Derek Middlemas

9,156

Mathew Truche-Gordon

5,430

Hilary Wright

5,111

Helmut Schuller

7,137

Hans van der Drift

7,646

Paul Eveleigh

12,127

Helen Barrett-Hague

1,375

Total

87,929

 

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*

Richard Longdon

246,349

92,462

James Kidd

6,901

39,564

David Wheeldon

63,673

52,596

Derek Middlemas

15,054

42,836

Mathew Truche-Gordon

3,070

21,989

Hilary Wright

2,634

19,827

Helmut Schuller

-

11,745

Hans van der Drift

21,373

34,742

Paul Eveleigh

-

22,216

Helen Barrett-Hague

-

5,776

 

\* The number of shares held under option does not include certain 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
 
 
RDSUURVROOAWUAR

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