13 December 2016
The Sage Group plc ("the Company")
Director/PDMR Shareholding
On 13 December 2016 the Company was notified that on 13 December 2016 Klaus-Michael Vogelberg, a member of the Executive Committee of the Company, exercised an option over 18,511 ordinary shares of 14/77 pence each at the exercise price of 270 pence per share, under the terms of The Sage Group 1999 Executive Share Option Scheme.
Mr Vogelberg subsequently sold 12,937 Ordinary shares on 13 December 2016, at a price of 632.07 pence per share.
Place of transaction: London
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Klaus-Michael Vogelberg |
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2
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Reason for the notification
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a)
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Position/status
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Chief Technology Officer |
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b)
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Initial notification/Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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The Sage Group plc |
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b)
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LEI
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2138005RN5XYLTF8G138 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary Shares |
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Identification code |
ISIN: GB00B8C3BL03 |
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b)
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Nature of the transaction
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Exercise of options |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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270.00p |
18,511 |
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d)
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Aggregated information |
N/A - single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction
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12 December 2016 |
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f)
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Place of the transaction
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London Stock Exchange |
END