Director/PDMR Shareholding

By

Regulatory News | 19 Jul, 2022

Updated : 09:30

RNS Number : 9569S
AVEVA Group PLC
19 July 2022
 

AVEVA Group plc

(the 'Company')

Director/PDMR Shareholding

 

The Company announces that on 15 July 2022, share awards(1) granted under the AVEVA Restricted Share Plan ('RSP') on 15 July 2021 vested in favour of certain Persons Discharging Managerial Responsibilities ('PDMR').

 

A summary of the ordinary shares acquired from the vesting and sale of sufficient shares to cover personal tax obligations is set out below.

 

Name

Role

Date of Award

Shares Released

Number of Shares Sold(3)

Shares Retained

Rónán De Hooge

EVP, Cloud Platform Business

15/07/2021

2,317

948(2)

1,369

Kimthu Doan

EVP, Customer Success and Renewals

15/07/2021

1,903

781(2)

1,122

Lisa Johnston

Chief Marketing Officer and Chief Sustainability Officer

15/07/2021

1,218

375(2)

843

Andrew McCloskey

Chief Technology Officer and EVP of R&D

15/07/2021

1,538

631(2)

907

Robert McGreevy

Chief Product Officer

15/07/2021

1,443

516(2)

927

Rashesh Mody

EVP, Operations Business

15/07/2021

872

358(2)

514

 

(1)    The share awards were made in respect of the Company's ordinary shares of 35/9 pence each.

(2)    On the vesting of conditional share awards under the RSP for Rónán De Hooge, Kimthu Doan, Lisa Johnston, Andrew McCloskey, Robert McGreevy and Rashesh Mody shares were released automatically and some of those shares were sold to cover personal taxes on 15 July 2022 at a price of £22.51 per share, details of which were notified to the Company on 15 July 2022.

(3)    Sufficient shares were sold to cover personal tax obligations arising on the vesting and any associated dealing costs, and the balance was retained.

 

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

Rónán De Hooge

2

Reason for the notification

a)

Position/status

EVP, Cloud Platform 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 35/9 pence each

 

ISIN: GB00BBG9VN75

b)

Nature of the transaction

Vesting of conditional share awards under the RSP granted on 15 July 2021

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

Nil

2,317

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

2,317

 

Nil

 

 

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Rónán De Hooge

2

Reason for the notification

a)

Position/status

EVP, Cloud Platform 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 35/9 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)

 

£22.51

948

d)

Aggregated information

-     Aggregated volume

-     Price

 

948

£22.51

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

XLON

 

1

Details of the person discharging managerial responsibilities/person closely associates

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Kimthu Doan

2

Reason for the notification

a)

Position/status

EVP, Customer Success and Renewals

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 35/9 pence each

 

ISIN: GB00BBG9VN75

b)

Nature of the transaction

Vesting of conditional share awards under the RSP granted on 15 July 2021

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

Nil

1,903

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

1,903

 

Nil

 

 

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Kimthu Doan

2

Reason for the notification

a)

Position/status

EVP, Customer Success and Renewals

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 35/9 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)

 

£22.51

781

d)

Aggregated information

-     Aggregated volume

-     Price

 

781

£22.51

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

XLON

 

1

Details of the person discharging managerial responsibilities/person closely associates

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Lisa Johnston

2

Reason for the notification

a)

Position/status

Chief Marketing Officer and Chief Sustainability Officer

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 35/9 pence each

 

ISIN: GB00BBG9VN75

b)

Nature of the transaction

Vesting of conditional share awards under the RSP granted on 15 July 2021

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

Nil

1,218

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

1,218

 

Nil

 

 

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Lisa Johnston

2

Reason for the notification

a)

Position/status

Chief Marketing Officer and Chief Sustainability Officer

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 35/9 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)

 

£22.51

375

d)

Aggregated information

-     Aggregated volume

-     Price

 

375

£22.51

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

XLON

 

1

Details of the person discharging managerial responsibilities/person closely associates

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Andrew McCloskey

2

Reason for the notification

a)

Position/status

Chief Technology Officer and EVP of R&D

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 35/9 pence each

 

ISIN: GB00BBG9VN75

b)

Nature of the transaction

Vesting of conditional share awards under the RSP granted on 15 July 2021

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

Nil

1,538

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

1,538

 

Nil

 

 

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Andrew McCloskey

2

Reason for the notification

a)

Position/status

Chief Technology Officer and EVP of R&D

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 35/9 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)

 

£22.51

631

d)

Aggregated information

-     Aggregated volume

-     Price

 

631

£22.51

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

XLON

 

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Robert McGreevy

2

Reason for the notification

a)

Position/status

Chief Product Officer

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 35/9 pence each

 

ISIN: GB00BBG9VN75

b)

Nature of the transaction

Vesting of conditional share awards under the RSP granted on 15 July 2021

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

Nil

1,443

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

1,443

 

Nil

 

 

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Robert McGreevy

2

Reason for the notification

a)

Position/status

Chief Product Officer

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 35/9 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)

 

£22.51

516

d)

Aggregated information

-     Aggregated volume

-     Price

 

516

£22.51

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

XLON

 

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Rashesh Mody

2

Reason for the notification

a)

Position/status

EVP, Operations 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 35/9 pence each

 

ISIN: GB00BBG9VN75

b)

Nature of the transaction

Vesting of conditional share awards under the RSP granted on 15 July 2021

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

Nil

872

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

872

 

Nil

 

 

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associates

a)

Name

Rashesh Mody

2

Reason for the notification

a)

Position/status

EVP, Operations 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 35/9 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)

 

£22.51

358

d)

Aggregated information

-     Aggregated volume

-     Price

 

358

£22.51

e)

Date of the transaction

2022-07-15

f)

Place of the transaction

XLON

 

 

 

 

 

 

 

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