AVEVA Group plc (AVV)
Director/PDMR Shareholding
22-Jul-2022 / 16:08 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
AVEVA Group plc
(the ‘Company’)
Director/PDMR Shareholding
The Company announces that on 20 July 2022 share awards(1) (‘the Award/Awards’) were granted under the AVEVA Deferred Share Bonus Plan (‘AVEVA DSBP’) in favour of certain Persons Discharging Managerial Responsibilities (‘PDMR’), as set out in the table below.
The Awards were granted with a proportion of the annual bonus being deferred. The Awards will vest in three equal parts, with one third of the award vesting on each anniversary of the date set for vest, which is 24 June.
Name
Role
Number of Shares Subject to the Award(4)
Peter Herweck
Chief Executive Officer
18,752(2)
Caspar Herzberg
Chief Operating Officer & Chief Revenue Officer
2,779(2)
James Kidd
Chief Strategy and Transformation Officer
3,566(2)
Andrew McCloskey
Chief Technology Officer and EVP of R&D
6,038(3)
The Awards were made in respect of the Company’s ordinary shares of 3 5/9 pence each. These Awards were granted as nil-cost options under the rules of the AVEVA DSBP. This Award was granted as a conditional share award under the rules of the AVEVA DSBP. The number of shares were calculated using a price of £22.70 per share, being the five-day average share price immediately preceding the date of grant.
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
Peter Herweck
2
Reason for the notification
a)
Position/status
Chief Executive 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
Grant of nil-cost options made under the AVEVA DSBP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
18,752
d)
Aggregated information
Aggregated volume Price
18,752
Nil
e)
Date of the transaction
2022-07-20
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associates
a)
Name
Caspar Herzberg
2
Reason for the notification
a)
Position/status
Chief Operating Officer & Chief Revenue 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
Grant of nil-cost options made under the AVEVA DSBP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
2,779
d)
Aggregated information
Aggregated volume Price
2,779
Nil
e)
Date of the transaction
2022-07-20
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
Grant of nil-cost options made under the AVEVA DSBP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
3,566
d)
Aggregated information
Aggregated volume Price
3,566
Nil
e)
Date of the transaction
2022-07-20
f)
Place of the transaction
Outside a trading venue
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
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
Grant of conditional share award made under the AVEVA DSBP
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
6,038
d)
Aggregated information
Aggregated volume Price
6,038
Nil
e)
Date of the transaction
2022-07-20
f)
Place of the transaction
Outside a trading venue
ISIN: GB00BBG9VN75 Category Code: DSH TIDM: AVV LEI Code: 213800XHATUM2LFMKG16 OAM Categories: 2.1. Home Member State Sequence No.: 176716 EQS News ID: 1404425
End of Announcement EQS News Service