Director/PDMR Shareholding

RNS Number : 3388F

Sage Group PLC

11 January 2010

 



11 January 2010

The Sage Group plc (the Company)

Notification of Transactions of Directors

This notification relates to transactions notified in accordance with DR 3.1.4R(1)(a).

On the vesting of awards under the Sage Group Performance Share Plan (the PSP) on 10 January 2010, the following directors and members of the executive committee of the Company became beneficially entitled to the number of ordinary shares of 1p each in the Company set out below, all of which were held in trust by Ogier Employee Benefit Trustee Limited as trustee of the Sage Group plc Employee Benefit Trust (the Trustee). The Trustee will transfer the legal title to the ordinary shares to the individuals (or as they may direct) in accordance with the rules of the PSP for no consideration, subject to the sale of any ordinary shares on the individual's behalf in order to discharge the individual's tax liability in respect of the vesting of the award.

Director	Number of ordinary shares acquired
Paul Harrison	88,229
Paul Stobart	110,837
Guy Berruyer	109,906
Paul Walker	192,725
Executive Committee Member
Ivan Epstein	43,131
Karen Geary	16,404
Michael Robinson	60,794
Klaus Michael Vogelberg	16,404

Under the rules of the Plan, no payment was made by the directors for the ordinary shares.

In addition, on the vesting of awards under the Sage Group Deferred Bonus Plan (the DBP) on 10 January 2010, the following directors of the Company became beneficially entitled to the number of ordinary shares of 1p each in the Company set out below, all of which were held in trust by the Trustee. The Trustee will transfer the legal title to the ordinary shares to the directors (or as they may direct) in accordance with the rules of the DBP for no consideration, subject to the sale of any ordinary shares on the director's behalf in order to discharge the director's tax liability in respect of the vesting of the award.

Director	Number of ordinary shares acquired
Guy Berruyer	11,719
Paul Harrison	11,038
Paul Stobart	4,202
Paul Walker	24,137

Date of transactions:  10th of January 2010.

Place of transactions: St.Helier, Jersey

 

END

 

 

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