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
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
EXERCISE OF OPTION AND SUBSEQUENT SALE OF ORDINARY SHARES GRANTED BY AVEVA GROUP PLC UNDER THE AVEVA GROUP LONG TERM INCENTIVE PLAN 2014 AND THE AVEVA GROUP SENIOR EMPLOYEE RESTRICTED SHARE PLAN 2015
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| 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)
N/A |
| 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
N/A
|
| 13 | Date issuer informed of transaction
27 AUGUST 2021 | 14 | Date of exercise
27 AUGUST 2021 |
| 15 | Exercise details
OPTIONS GRANTED SUBJECT TO PERFORMANCE CRITERIA HAVING BEEN ACHIEVED AND CONTINUED EMPLOYMENT HAVING BEEN ACHIEVED WHICH VESTED 8 SEPTEMBER 2020 | 16 | Market value per share on exercise and sale £41.55
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| 17 | Description of shares or debentures involved (class and number)
ORDINARY SHARES OF 35/9 PENCE EACH
| 18 | Exercise price fixed at time of grant
35/9 PENCE PER SHARE
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| 19 | Total number of shares or debentures over which options held following notification
N/A
| 20 | Any additional information
SEE ATTACHED SCHEDULE |
| 21 | Name of contract and telephone number for queries
CLAIRE DENTON 01223 556655
| | |
SCHEDULE
The person discharging managerial responsibilities ("PDMR") in respect of whom this notification is made is Amish Sabharwal, EVP Engineering Business Unit.
On 27 August 2021, AVEVA Group plc (the "Company") was informed of the exercise of options to acquire ordinary shares of 35/9 pence each ("Shares") (having met performance criteria and conditions) in the Company in favour of the above-named PDMR under the terms of the AVEVA Group Long Term Incentive Plan 2014 and the AVEVA Senior Employee Group Restricted Share Plan 2015. On the same day, the PDMR sold the resulting Shares.
The number of shares in respect of which the options were exercised by the PDMR is set out below:
| Option | Number of Shares | Aggregate Exercise Price Paid |
| LTIP - Options - 08-Sep-2017
| 8,373
| £297.74
|
| RSP - Options - 08-Sep-2017
| 6,245
| £222.07
|
| 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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