AVEVA Group plc
(the "Company")
Director/PDMR Shareholding
The Company announces that on 27 June 2022, share awards(1) granted under the AVEVA Deferred Share Bonus Plan ('DSBP') on 11 September 2020 and 15 July 2021 vested in favour of a Person 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 |
| James Kidd | Chief Strategy and Transformation Officer | 11/09/2020 | 1,539 | 769(2) | 770 |
| | 15/07/2021 | 916 | 458(2) | 458 |
(1) The share awards were made in respect of the Company's ordinary shares of 3 5/9 pence each.
(2) On the vesting of options awarded under the DSBP, James Kidd elected to exercise his share options and sell some of the shares to cover personal taxes on 28 June 2022 at a price of £23.77 and £23.76 per share, details of which were notified to the Company on the same day.
(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 | James Kidd | ||||||||||||
| 2 | Reason for the notification | |||||||||||||
| a) | Position/status | Chief Strategy and Transformation Officer | ||||||||||||
| b) | Initial notification/ Amendment | Initial notification
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
| a) | Name | AVEVA Group plc
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| 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 3 5/9 pence each
ISIN: GB00BBG9VN75 | ||||||||||||
| b) | Nature of the transaction | 1. Exercise of share options under the DSBP granted on 11 September 2020
2. Exercise of share options under the DSBP granted on 15 July 2021
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| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | 2022-06-28 | ||||||||||||
| f) | Place of the transaction | Outside a trading venue
| ||||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associates | |||||||||||||
| a) | Name | James Kidd
| ||||||||||||
| 2 | Reason for the notification | |||||||||||||
| a) | Position/status | Chief Strategy and Transformation 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 3 5/9 pence each
ISIN: GB00BBG9VN75 | ||||||||||||
| b) | Nature of the transaction | Sale of shares to cover personal tax obligations
| ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||||||||||
| e) | Date of the transaction | 2022-06-28 | ||||||||||||
| f) | Place of the transaction | XLON
| ||||||||||||
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