Director/PDMR Shareholding

RNS Number : 5146I

Sage Group PLC

26 November 2018

 

DIRECTOR/PDMR SHAREHOLDING

26 November 2018

The Sage Group plc (the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities

This notification relates to transactions notified in accordance with article 19 of the Market Abuse Regulation.

On the vesting of a share plan award on 22 November 2018 Sanjay Almeida, who is a member of the Executive Committee of The Sage Group plc, became beneficially entitled to the number of ordinary shares of 1^4/77 pence each in the Company set out below, all of which were held in trust by Intertrust Employee Benefit Trustee Limited as trustee of The Sage Group plc Employee Benefit Trust.  On 22 November 2018 the Company was notified that Sanjay Almeida disposed of the number of ordinary shares of 1^4/77 pence each set out below in respect of which he become beneficially entitled to, at the price per ordinary share set out below, to cover tax obligations arising from the vesting.

Executive Committee Member	Award Plan	Number of Ordinary Shares Acquired	Aggregate Number of Ordinary Shares Disposed	Average price in pence	Resultant Total Shareholding
Sanjay Almeida	The Sage Group Restricted Share Plan	67,826	16,311	552p	51,515

ANNEX

Notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sanjay Almeida
2	Reason for the notification
a)	Position/status	Chief Product Delivery Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Sage Group plc
b)	LEI	2138005RN5XYLTF8G138
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	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	67,826
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	22 November 2018
f)	Place of the transactions	London Stock Exchange

ANNEX

Notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sanjay Almeida
2	Reason for the notification
a)	Position/status	Chief Product Delivery Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Sage Group plc
b)	LEI	2138005RN5XYLTF8G138
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	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			5.52	16,311
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	22 November 2018
f)	Place of the transactions	London Stock Exchange

 

END

 

 

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