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 FEBRUARY 2022
| 14 | Date of Purchase
15 FEBRUARY 2022 |
| 15 | Date of vesting for Matching Shares
MATCHING SHARES DO NOT VEST UNTIL 2023 FOR AMISH SABHARWAL OR 2024 FOR JAMES KIDD, CAOIMHE KEOGAN AND PETER HERWECK, 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
HELEN LAMPRELL 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
Peter Herweck
Caoimhe Keogan
On 15 February 2022 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 | 33 | 51 | 2,722p |
| Andrew McCloskey | 220 | N/A | 2,314p at 15% discount |
| Robert McGreevy | 220 | N/A | 2,314p at 15% discount |
| Amish Sabharwal | 25 | 25 | 2,722p |
| Peter Herweck | 33 | 48 | 2,722p |
| Caoimhe Keogan | 33 | 48 | 2,722p |
| Total | 564 | 172 | |
No consideration was paid by the participants for the award of the Matching Shares.
The above transaction in respect of James Kidd's, Caoimhe Keogan's and Peter Herweck's Partnership Shares and Matching Shares was undertaken on their behalf by the trustee of the UK Share Incentive Plan.
Enquiries:
| AVEVA Group plc | Telephone: |
| Helen Lamprell, 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 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
