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RNS Number : 2544F
AVEVA Group PLC
26 July 2016
 

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 connect person

ESTERA TRUST (JERSEY) LIMITED AS TRUSTEE OF THE AVEVA GROUP EMPLOYEE BENEFIT TRUST 2008

 

 

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

NON-BENEFICIAL INTEREST

6

Description of shares (including class), debenture or derivatives 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

NATWEST STOCKBROKERS LIMITED AS NOMINEE FOR ESTERA TRUST (JERSEY) LIMITED

8

State the nature of the transaction

 

PURCHASE OF ORDINARY SHARES OF 35/9 PENCE EACH

 

9

Number of shares, debentures or financial instruments relating to shares acquired

2,160 SHARES

 

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.003%

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

 

£18.55

14

Date and place of transaction

 

25 JULY 2016, LONDON

 



 

 

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

10,857 SHARES (0.017%)

 

16

Date issuer informed of transaction

 

25 JULY 2016

 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

 

 

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

Derek Middlemas

Helmut Schuller

 

On 25 July 2016 Estera Trust (Jersey) Limited as trustee of the AVEVA Group Employee Benefit Trust 2008 (the "EBT") purchased 2,160 ordinary shares of 35/9 pence each in AVEVA Group plc ("shares").  These shares were purchased in the market in order to enable the EBT to satisfy options to be granted under the AVEVA Group Management Bonus Deferred Share Scheme (the "Deferred Share Scheme") to the five above-named PDMRs.

 

These options serve as the mechanism to deliver shares on a deferred basis to recipients as a deferred bonus in respect of the financial year ended 31 March 2016. 

 

 


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