DJ Director/PDMR Shareholding
AVEVA Group plc (AVV) Director/PDMR Shareholding 04-Aug-2022 / 12:59 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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AVEVA Group plc
(the 'Company')
Director/PDMR Shareholding
The Company announces that on 1 August 2022, share awards(1) granted under the AVEVA Long Term Incentive Plan ('LTIP') on 26 July 2019 vested in favour of Persons Discharging Managerial Responsibilities ('PDMRs').
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 Shares Released Number of Shares Sold(2) Shares Retained James Kidd Chief Strategy and Transformation Officer 14,564 7,283(3) 7,281 Andrew McCloskey Chief Technology Officer and EVP of R&D 4,575 1,593(4) 2,982 Robert McGreevy Chief Product Officer 2,661 909(4) 1,752 Rashesh Mody EVP, Operations Business 2,257 926(4) 1,331 1. The share awards were made in respect of the Company's ordinary shares of 3 5/9 pence each. 2. Sufficient shares were sold to cover personal tax obligations arising on the vesting and any associateddealing costs, and the balance was retained. 3. On the vesting of options awarded under the LTIP, James Kidd elected to exercise his share options andsell some of the shares to cover personal taxes on 3 August 2022 at a price of GBP23.32 per share, details of whichwere notified to the Company on 3 August 2022. 4. On the vesting of performance share awards under the LTIP for Andrew McCloskey, Robert McGreevy andRashesh Mody shares were released automatically and some of those shares were sold to cover personal taxes on 1August 2022 at a price of GBP23.47 per share, details of which were notified to the Company on 2 August 2022.
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
+44 (0) 20 3727 1000
Edward Bridges/Dwight Burden
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Exercise of share options under the LTIP
granted on 26 July 2019
b) Nature of the transaction
Volume(s)
Price(s)
c) Price(s) and volume(s)
14,564
Nil
Aggregated information 14,564
d)
-- Aggregated volume
-- Price Nil
e) Date of the transaction 2022-08-01
Outside a trading venue
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Sale of shares to cover personal tax
b) Nature of the transaction obligations
Volume(s)
Price(s)
c) Price(s) and volume(s)
GBP23.32 7,283
Aggregated information
d) 7,283
-- Aggregated volume
-- Price
GBP23.32
e) Date of the transaction 2022-08-03
XLON
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Vesting of performance share awards under the
LTIP granted on 26 July 2019
b) Nature of the transaction
Volume(s)
Price(s)
c) Price(s) and volume(s)
4,575
Nil
Aggregated information 4,575
d)
-- Aggregated volume
-- Price Nil
e) Date of the transaction 2022-08-01
Outside a trading venue
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Sale of shares to cover personal tax
b) Nature of the transaction obligations
Volume(s)
Price(s)
c) Price(s) and volume(s)
GBP23.47 1,593
Aggregated information
d) 1,593
-- Aggregated volume
-- Price
GBP23.47
e) Date of the transaction 2022-08-01
XLON
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Vesting of performance share awards under the
LTIP granted on 26 July 2019
b) Nature of the transaction
Volume(s)
Price(s)
c) Price(s) and volume(s)
2,661
Nil
Aggregated information 2,661
d)
-- Aggregated volume
-- Price Nil
e) Date of the transaction 2022-08-01
Outside a trading venue
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Sale of shares to cover personal tax
b) Nature of the transaction obligations
Volume(s)
Price(s)
c) Price(s) and volume(s)
GBP23.47 909
Aggregated information
d) 909
-- Aggregated volume
-- Price
GBP23.47
e) Date of the transaction 2022-08-01
XLON
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Vesting of performance share awards under the
LTIP granted on 26 July 2019
b) Nature of the transaction
Volume(s)
Price(s)
c) Price(s) and volume(s)
2,257
Nil
Aggregated information 2,257
d)
-- Aggregated volume
-- Price Nil
e) Date of the transaction 2022-08-01
Outside a trading venue
f) Place of the transaction
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
Initial notification
b) Initial notification/Amendment
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
AVEVA Group plc
a) Name
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
Ordinary shares of 3 5/9 pence each
Description of the financial instrument, type of instrument
a)
Identification code
ISIN: GB00BBG9VN75
Sale of shares to cover personal tax
b) Nature of the transaction obligations
Volume(s)
Price(s)
c) Price(s) and volume(s)
GBP23.47 926
Aggregated information
d) 926
-- Aggregated volume
-- Price
GBP23.47
e) Date of the transaction 2022-08-01
XLON
f) Place of the transaction
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ISIN: GB00BBG9VN75 Category Code: DSH TIDM: AVV LEI Code: 213800XHATUM2LFMKG16 OAM Categories: 2.1. Home Member State Sequence No.: 179371 EQS News ID: 1413581 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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August 04, 2022 07:59 ET (11:59 GMT)
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