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RNS Number : 3517E
AVEVA Group PLC
15 July 2016
 

REVISED 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 derivatives or financial instruments relating to shares

 

OPTIONS TO ACQUIRE 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

 

N/A

8

State the nature of the transaction

 

OPTION GRANTS BY AVEVA GROUP PLC UNDER THE AVEVA GROUP LONG TERM INCENTIVE PLAN 2014

 

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

 

£17.80

 

14

Date and place of transaction

 

13 JULY 2016, 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

 

14 JULY 2016

17

Date of grant

 

13 JULY 2016

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 EXERCISABLE UNTIL 2019 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 35/9 PENCE EACH

 

21

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

 

35/9 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

 

CLAIRE DENTON 01223 556640

 

 

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

Helmut Schuller

Grimur Lund

Martyn Ward

Les Elby

Clare Bye

David Ward

 

On 13 July 2016, AVEVA Group plc (the "Company") granted options to acquire ordinary shares of 35/9 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 2014. This is a revised notification being re-issued in respect of the options granted to James Kidd as set out below. The option figure has been revised from 25,786 to 29,494. The revision shall remain effective as at the original transaction date of 13th July 2016.

 

 

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

41,713

James Kidd

29,494

David Wheeldon

10,558

Helmut Schuller

6,446

Grimur Lund

6,223

Martyn Ward

6,022

Les Elby

4,705

Clare Bye

4,893

David Ward

15,505

Total     

125,559

 

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

257,105

149,029

James Kidd

17,468

67,300

David Wheeldon

75,774

49,273

Helmut Schuller

355

34,655

Grimur Lund

9,083

24,711

Martyn Ward

-

19,866

Les Elby

-

12,214

Clare Bye

-

7,303

David Ward

555

27,624

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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