Source - LSE Regulatory
RNS Number : 8738J
AVEVA Group PLC
26 August 2021
 

NOTIFICATION OF TRANSACTIONS OF DIRECTOR/PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

1

Name of the issuer

AVEVA GROUP PLC

2

Notifications, made pursuant to Article 19(3) of the Market Abuse Regulation

 

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

 

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

 

SEE ATTACHED SCHEDULE

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

Date issuer informed of transaction

 

18 AUGUST 2021

 

14

 Date of Purchase

 

18 AUGUST 2021

15

Date of vesting for Matching Shares

 

MATCHING SHARES DO NOT VEST UNTIL 2023 FOR AMISH SABHARWAL OR 2024 FOR JAMES KIDD, SUBJECT TO PARTICIPANT'S CONTINUED EMPLOYMENT AND RETENTION OF THE LINKED PARTNERSHIP SHARES.

 

16

Total amount paid for Purchase

 

SEE ATTACHED SCHEDULE

 

17

Description of shares or debentures involved (class and number)

 

ORDINARY SHARES OF 35/9 PENCE EACH

 

18

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

 

N/A

19

Total number of shares acquired as Partnership Shares and awarded as Matching Shares

 

SEE ATTACHED SCHEDULE

 

20

Any additional information

 

SEE ATTACHED SCHEDULE

21

Name of contract and telephone number for queries

 

CLAIRE DENTON 01223 556655

 



 

SCHEDULE

 

The names of the persons discharging managerial responsibilities ("PDMRs") in respect of whom this notification is made are:

 

James Kidd

Andrew McCloskey

Robert McGreevy

Amish Sabharwal

 

On 18 August 2021, the above-named PDMRs acquired ordinary shares of 3 5/9 pence ("Shares") under the terms of the AVEVA Group plc Global Employee Share Purchase Plan.

 

The number of Shares acquired as Partnership Shares and awarded as Matching Shares to each PDMR is set against each of their names below:

 

PDMR

Partnership Shares

Matching Shares

Price per Partnership Share

James Kidd

25

36

3,519p

Andrew McCloskey

151

N/A

3,309p at 15% discount

Robert McGreevy

151

N/A

3,309p at 15% discount

Amish Sabharwal

17

17

4,043p

Total      

344

53


 

No consideration was paid by the participants for the award of the Matching Shares.

 

The above transaction in respect of James Kidd's Partnership Shares and Matching Shares was undertaken on his behalf by the trustee of the UK Share Incentive Plan.

 

Enquiries:

 

AVEVA Group plc

 Telephone:

Claire Denton, Group General Counsel & Company Secretary

+44 (0)1223 556655

Matt Springett, Head of Investor Relations

+44 (0) 7789 818 684



FTI Consulting

 Telephone:

Ed Bridges/Dwight Burden

+44 (0) 20 3727 1400

 

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