16th Jul 2014 16:58
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 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
|
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 £20.17 | 14 | Date and place of transaction
15 JULY 2014, 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
16 JULY 2014 |
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 9,438 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 4,456 shares at a price of £20.17 per share to fund the exercise cost and the resulting tax liability and retained the remaining 4,982 ordinary shares in his wife's name.
Dave Wheeldon, PDMR
Mr Wheeldon exercised options over 9,086 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, and sold 9,086 shares at a price of £20.17 per share.
Mathew Truche-Gordon, PDMR
Mr Truche-Gordon exercised options over 5,552 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 2,622 shares at a price of £20.17 per share to fund the exercise cost and the resulting tax liability, and retained the remaining 2,930 ordinary shares.
Hilary Wright, PDMR
Mrs. Wright exercised options over 4,803 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, sold 2,268 shares at a price of £20.17 per share to fund the exercise cost and the resulting tax liability, and retained the remaining 2,535 ordinary shares.
Helen Barrett-Hague, PDMR
Mrs. Barrett-Hague exercised options over 1,690 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 35/9 pence per share, and sold 1,690 shares at a price of £20.17 per share.
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 |
James Kidd | 13,108 | 29,688 |
Dave Wheeldon | 63,673 | 29,480 |
Mathew Truche-Gordon | 6,760 | 15,955 |
Hilary Wright | 5,934 | 14,116 |
Helen Barrett-Hague | Nil | 4,031 |
Related Shares:
AVV.L