TIDMAVV

RNS Number : 8137G

AVEVA Group PLC

27 November 2020

AVEVA Group plc

(the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations

The Company announces that on 26 November 2020 it was notified that James Kidd, Deputy CEO & CFO of the Company, and his wife Fiona Kidd sold a total of 17,359 nil paid rights (each a "Nil Paid Right"), pursuant to the rights issue announced by the Company on 6 November 2020 (the "Rights Issue"), at a price of GBP10.40 per Nil Paid Right, with the proceeds to be used to take up Nil Paid Rights under the Rights Issue.

James and Fiona Kidd currently hold in aggregate 52,562 ordinary shares in the Company. As a result of the above transactions, James and Fiona Kidd intend to subscribe for their remaining entitlements in the Rights Issue, totalling 23,521 ordinary shares, such that their aggregate net new investment in the Company pursuant to the Rights Issue will amount to approximately GBP350,000.

Enquiries:

AVEVA Group plc

Matt Springett (Head of Investor Relations)

Tel: +44 7789 818 684

FTI Consulting

PR Adviser to AVEVA

Edward Bridges

Dwight Burden

Tel: +44 20 3727 1017

The Notification of Dealing Form set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / persons closely associated 
 a)   Name                           James Kidd and Fiona Kidd 
     -----------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status of             James Kidd, Deputy CEO & CFO of the 
       the person discharging         Company (PDMR) and PCA to PDMR 
       managerial responsibilities 
     -----------------------------  ------------------------------------------ 
 b)   Initial notification/          Initial notification 
       Amendment 
     -----------------------------  ------------------------------------------ 
 3    Details of the issuer 
     ------------------------------------------------------------------------- 
 a)   Name                           AVEVA Group plc 
     -----------------------------  ------------------------------------------ 
 b)   LEI                            213800XHATUM2LFMKG16 
     -----------------------------  ------------------------------------------ 
 4    Details of the transaction(s) 
     ------------------------------------------------------------------------- 
 a)   Description of the             Nil Paid Rights 
       financial instrument, 
       type of instrument 
       Identification code 
                                      GB00BMC45194 
     -----------------------------  ------------------------------------------ 
 b)   Nature of the transaction           1) Sale of Nil Paid Rights by James 
                                           Kidd 
                                           2) Sale of Nil Paid Rights by Fiona 
                                           Kidd 
     -----------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)          Price               No. of Nil Paid 
                                                            Rights 
                                            1) GBP10.40         1) 9,113 
                                            2) GBP10.40         2) 8,246 
     -----------------------------  ------------------------------------------ 
 d)        Aggregated information          i. 17,359 
            i. Aggregated volume            ii. GBP180,533.60 
            ii. Price 
     -----------------------------  ------------------------------------------ 
 e)   Date of the transaction        26 November 2020 
     -----------------------------  ------------------------------------------ 
 f)   Place of the transaction       London Stock Exchange (XLON) 
     -----------------------------  ------------------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.

END

DSHUBANRROUAUAA

(END) Dow Jones Newswires

November 27, 2020 11:14 ET (16:14 GMT)

Aveva (LSE:AVV)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Aveva.
Aveva (LSE:AVV)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Aveva.