AVEVA Group plc (AVV) Director/PDMR Shareholding 29-Sep-2022 / 13:19 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
AVEVA Group plc (the ‘Company’) Director/PDMR Shareholding The Company announces that it received notification on 27 September 2022 that Amish Sabharwal, EVP, Engineering Business, exercised a total of 14,170 share options granted under the AVEVA Restricted Share Plan (‘RSP’) and the AVEVA Long Term Incentive Plan (‘LTIP’), as follows: | Name | Share Award(1) | Date of Award | Shares Exercised | Shares Sold(2) | Sale Price | | Amish Sabharwal | RSP | 28/09/2018 | 2,043 | 2,043 | £31.58 | | | RSP | 18/03/2019 | 1,901 | 1,901 | £31.56 | | | RSP | 26/07/2019 | 1,400 | 1,400 | £31.59 | | RSP | 11/09/2020 | 1,301 | 1,301 | £31.59 | | RSP | 15/07/2021 | 1,325 | 1,325 | £31.55 | | | LTIP | 28/09/2018 | 4,412 | 4,412 | £31.57 | | | LTIP | 26/07/2019 | 1,788 | 1,788 | £31.55 |
The share awards were made in respect of the Company’s ordinary shares of 3 5/9 pence each. The cost to cover personal tax obligations arising from the exercise of share options were settled from the proceeds of the share sale. For further details, please contact: Enquiries: | AVEVA Group plc | | | Helen Lamprell, General Counsel and Company Secretary | +44 (0)1223 556655 | | Matt Springett, Head of Investor Relations | +44 (0)7789 818684 | | FTI Consulting LLP | | | Edward Bridges/Dwight Burden | +44 (0) 20 3727 1000 |
The notification below is made in accordance with the requirements of the Market Abuse Regulation. | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Amish Sabharwal | | 2 | Reason for the notification | | a) | Position/status | EVP, Engineering Business | | b) | Initial notification/Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Name | AVEVA Group plc | | b) | LEI | 213800XHATUM2LFMKG16 | | 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | | a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Exercise of share options under the RSP on (1) 28/09/2018, (2) 18/03/2019, (3) 26/07/2019, (4) 11/09/2020 and (5) 15/07/2021 and LTIP on (6) 28/09/2018 and (7) 26/07/2019 | | c) | Price(s) and volume(s) | | | Price(s) | Volume(s) | | 1. | £0.03556 | 2,043 | | 2. | £0.03556 | 1,901 | | 3. | £0.03556 | 1,400 | | 4. | £0.03556 | 1,301 | | 5. | £0.03556 | 1,325 | | 6. | £0.03556 | 4,412 | | 7. | £0.03556 | 1,788 | | | | |
| | d) | Aggregated information Aggregated volume Price | 14,170 £0.03556 | | e) | Date of the transaction | 2022-09-26 | | f) | Place of the transaction | Outside a trading venue | | 1 | Details of the person discharging managerial responsibilities/person closely associates | | a) | Name | Amish Sabharwal | | 2 | Reason for the notification | | a) | Position/status | EVP, Engineering Business | | b) | Initial notification/Amendment | Initial notification | | 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | a) | Name | AVEVA Group plc | | b) | LEI | 213800XHATUM2LFMKG16 | | 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | | a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 3 5/9 pence each ISIN: GB00BBG9VN75 | | b) | Nature of the transaction | Sale of shares to cover personal tax obligations | | c) | Price(s) and volume(s) | | | Price(s) | Volume(s) | | 1. | £31.58 | 2,043 | | 2. | £31.56 | 1,901 | | 3. | £31.59 | 1,400 | | 4. | £31.59 | 1,301 | | 5. | £31.55 | 1,325 | | 6. | £31.57 | 4,412 | | 7. | £31.55 | 1,788 | | | | |
| | d) | Aggregated information Aggregated volume Price | 14,170 £31.57 | | e) | Date of the transaction | 2022-09-26 | | f) | Place of the transaction | XLON |
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