25th Jul 2012 13:20
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)
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3 | Name of person discharging managerial responsibilities/director
RICHARD LONGDON JAMES KIDD HILARY WRIGHT | 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 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 £17.817 | 14 | Date and place of transaction
24 JULY 2012, 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
| 16 | Date issuer informed of transaction
25 JULY 2012 |
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
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SCHEDULE
Richard Longdon, Chief Executive Officer
Mr. Longdon exercised options over 22,264 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 3.33 pence per share, sold 11,627 shares at a price of £17.817 per share to fund the exercise cost and the resulting tax liability and retained the remaining 10,637 ordinary shares.
James Kidd, Chief Financial Officer
Mr. Kidd exercised options over 4,289 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 3.33 pence per share, sold 2,240 shares at a price of £17.817 per share to fund the exercise cost and the resulting tax liability and retained the remaining 2,049 ordinary shares.
Hilary Wright, PDMR
Mrs. Wright exercised options over 5,746 shares under the AVEVA Group plc Long Term Incentive Plan at an exercise price of 3.33 pence per share, sold 3,896 shares at a price of £17.817 per share and retained the remaining 1,850 ordinary shares.
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 | 403,159 | 91,801 |
James Kidd | 6,168 | 29,275 |
Hilary Wright | 1,850 | 20,954 |
Related Shares:
AVV.L