DJ Form 8 (OPD) - AVEVA Group plc
AVEVA Group plc (AVV) Form 8 (OPD) - AVEVA Group plc 08-Sep-2022 / 12:11 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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FORM 8 (OPD)
PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: AVEVA Group
plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
N/A
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and
beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: AVEVA Group
plc
Use a separate form for each offeror/offeree
(d) Is the discloser the offeror or the offeree? Offeree
(e) Date position held: 7 September
2022
The latest practicable date prior to the disclosure
Yes
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other
party to the offer?
If it is a cash offer or possible cash offer, state "N/A" Offeror
2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates
Class of relevant security:
Ordinary shares of 3 5/9 pence each
Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 0 0 0 0
(2) Cash-settled derivatives:
0 0 0 0
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 0 0 0
0 0 0 0
TOTAL:
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities
Class of relevant security in relation to which subscription right exists: None Details, including nature of the rights concerned and relevant percentages: None
3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure: (a) Ordinary shares held by the directors of AVEVA Group plc, and their close relatives* The following directors and their close relatives hold shares in AVEVA Group plc: Name Number of ordinary shares held Percentage of total issued share capital Philip Aiken (director) 4,154 0.0014% James Kidd (director) 143,416** 0.047% Christopher Humphrey (director) 7,110 0.0024% Ron Mobed (director) 5,333 0.0018%
(b) Options and awards granted under AVEVA Group plc's shares plans held by the directors of AVEVA Group plc or their close relatives and related trusts*
Director Share plan Number of ordinary shares Grant Share price Vesting date Expiry Exercise
under options / awards date on grant date price
22,461 11/09/ GBP47.99 24/06/2023 11/09/ Nominal
2020 2030 value
Long-Term 23,679 15/07/ GBP39.17 15/07/2024 15/07/ Nominal
Incentive Plan 2021 2031 value
40,859 20/07/ GBP22.70 24/06/2025 20/07/ Nil
James Kidd 2022 2032
1,556 11/09/ GBP48.87 24/06/2023 11/09/ Nil
2020 2030
Deferred Share 1,855 15/07/ GBP39.17 24/06/2023 and 24/06/ 15/07/ Nil
Bonus Plan 2021 2024 2031
3,566 20/07/ GBP22.70 24/06/2023, 24/06/2024 20/07/ Nil
2022 and 24/06/2025 2032
Director Share plan Partnership shares Matching shares
James Kidd UK Share Incentive Plan (SIP) GESPP 95*** 141
* The Company and the Takeover Panel have agreed that Peter Herweck, who is on secondment from Schneider Electric SE, and Hilary Maxson and Olivier Blum, as the Schneider Electric SE nominee directors on the board of AVEVA Group plc, are not concert parties of AVEVA Group plc. As such, any interests held by Peter, Hilary and Olivier in AVEVA Group plc have not been included in this disclosure.
** This figure includes 141,057 shares held by James Kidd and 2,359 shares held by his close relatives.
*** These partnership shares have also been taken into account in the total number of ordinary shares held by James Kidd.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" None
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" None
(c) Attachments
Are any Supplemental Forms attached?
Supplemental Form 8 (Open Positions) No
Supplemental Form 8 (SBL) No
Date of disclosure: 8 September 2022
Helen Lamprell
Contact name:
General Counsel and Company Secretary
Telephone number: +44 (0)1223 556655
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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ISIN: GB00BBG9VN75 Category Code: FEE - AVEVA Group plc TIDM: AVV LEI Code: 213800XHATUM2LFMKG16 OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 186916 EQS News ID: 1438585 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
September 08, 2022 07:12 ET (11:12 GMT)
