1st Dec 2006 15:51
AVEVA Group PLC01 December 2006 AVEVA Group plc ("AVEVA") AVEVA announces that on 1 December 2006 the following share sales took place: Richard Longdon, Chief Executive Officer Mr Longdon exercised options over 300,000 shares (17,151 under the approvedscheme and 282,849 under the un-approved scheme) and together with 221,428existing shares sold a total of 521,428 shares at a price of 720p. Followingthis Mr Longdon holds share options over 160,293 ordinary shares and holds500,000 ordinary shares. Paul Taylor, Chief Financial Officer Mr Taylor exercised options over 213,000 shares under the un-approved scheme,retaining 26,000 shares and selling the balance of 187,000 shares at a price of720p. Following this Mr Taylor holds share options over 108,111 ordinary sharesand holds 50,000 ordinary shares. David Mann, Non-executive Director Mr Mann sold 26,700 shares at a price of 720p. Following this Mr Mann holds26,700 ordinary shares. David Wheeldon, PDMR Mr Wheeldon exercised options over 18,768 shares under the approved scheme andsold the resultant shares at a price of 720p. Following this Mr Wheeldon holds214,149 share options and 17,874 ordinary shares. Application has been made to the UK Listing Authority and the London StockExchange for admission to (i) the Official List and (ii) trading on the LondonStock Exchange's markets for listed securities in respect of 531,768 OrdinaryShares of 3 1/3p each ('New Ordinary Shares'). The New Ordinary Shares, which will rank pari passu in all respects with theexisting ordinary shares in issue, are being issued pursuant to the aboveexercise of share options. It is expected that Admission will become effectiveand that dealings in the New Ordinary Shares will commence on 6 December 2006. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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