Director/PDMR Shareholding

By

Regulatory News | 19 Jan, 2018

Updated : 15:59

RNS Number : 4421C
AVEVA Group PLC
19 January 2018
 

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY 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

 

TROND STRAUME

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

 

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 35/9 PENCE EACH

 

7

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

SEE ATTACHED SCHEDULE

 

8

State the nature of the transaction

 

EXERCISE OF OPTIONS UNDER THE AVEVA GROUP SENIOR EMPLOYEE RESTRICTED SHARE PLAN 2015

 

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

 

N/A

14

Date and place of transaction

 

18 JANUARY 2018, 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

 

19 JANUARY 2018

 

17

Date of grant

 

21 JULY 2015

 

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

 

CLAIRE DENTON

01223 556655

 

 

SCHEDULE

 

Trond Straume, CTO, PDMR

 

On 18 January 2018, Mr Straume exercised options over 1,063 shares under the AVEVA Group Senior Employee Restricted Share Plan 2015 at an exercise price of 35/9 pence per share.  He sold 502 shares at a price of £28.21 per share in order to fund the exercise cost and the resulting tax and national insurance liabilities, and retained the remaining 561 ordinary shares.

 

Following this, Mr Straume owns 561 ordinary shares and holds options over 15,803 ordinary shares.

 

 

Enquires:

Telephone:

AVEVA Group plc


David Ward, Chief Financial Officer

+44 (0)1223 556655

Claire Denton, Company Secretary

+44 (0)1223 556655

 

 

FTI Consulting

Telephone:

Ed Bridges/Dwight Burden

+44 (0)20 3727 1400

 


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