Director/PDMR Shareholding

RNS Number : 5793J

Sage Group PLC

05 December 2018

 

DIRECTOR/PDMR SHAREHOLDING

5 December 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 4 December 2018 the persons named below, who are members of the Executive Committee of The Sage Group plc., were granted awards over ordinary shares of 1^4/77 pence each in The Sage Group plc. under each of The Sage Group Restricted Share Plan (RSP), The Sage Group plc 2015 Performance Share Plan (PSP) and The Sage Group plc 2017 Share Option Plan (SOP). The maximum number of shares that may be acquired on the vesting of the award is specified opposite each participant's name below. No price is payable either on the grant or vesting of an RSP or a PSP award. An exercise price of £5.79 per share is payable in respect of the SOP awards.  Awards will normally vest, subject to continued employment and performance conditions (where applicable) according to the schedule below. Awards are subject to malus and clawback.

Awards will vest according to the following schedule:

RSP awards will vest 50% on the first anniversary of the grant date, 50% on the second anniversary of the grant date, with the exception of Amanda Cusdin's award over 36,269 shares which will vest 50% on 13 September 2019 and 50% on 13 September 2020.

PSP awards will vest 100% on the third anniversary of the grant date.

SOP awards will vest 50% on the first anniversary of the grant date, 50% on the second anniversary of the grant date. The lapse date of the SOP awards is 10 years from the grant date (which will be 4 December 2028).

Executive Committee Member	Maximum number of ordinary shares of 14/77 pence each in The Sage Group plc. that may be acquired on vesting of award
	RSP	PSP	SOP	Total
Sanjay Almeida	36,648	92,638	85,511	214,797
Vicki Bradin	24,870	68,393	58,031	151,294
Amanda Cusdin	31,088 36,269	77,720	72,538	217,615
Ron McMurtrie	35,833	89,584	83,611	209,028
Klaus-Michael Vogelberg	28,497	74,093	66,493	169,083

ANNEX

Templates for notification 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	Grant of share award under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	36,648
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	92,638
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

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	Grant of share option under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	85,511
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vicki Bradin
2	Reason for the notification
a)	Position/status	General Counsel and Company Secretary
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	Grant of share award under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	24,870
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vicki Bradin
2	Reason for the notification
a)	Position/status	General Counsel and Company Secretary
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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	68,393
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Vicki Bradin
2	Reason for the notification
a)	Position/status	General Counsel and Company Secretary
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	Grant of share option under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	58,031
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Cusdin
2	Reason for the notification
a)	Position/status	Chief People 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	Grant of share award under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	31,088
			nil	36,269
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Cusdin
2	Reason for the notification
a)	Position/status	Chief People 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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	77,720
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amanda Cusdin
2	Reason for the notification
a)	Position/status	Chief People 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	Grant of share option under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	72,538
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ron McMurtrie
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Grant of share award under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	35,833
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ron McMurtrie
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	89,584
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ron McMurtrie
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Grant of share option under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	83,611
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Klaus-Michael Vogelberg
2	Reason for the notification
a)	Position/status	Chief Technology 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	Grant of share award under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	28,497
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Klaus-Michael Vogelberg
2	Reason for the notification
a)	Position/status	Chief Technology 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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	74,093
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Klaus-Michael Vogelberg
2	Reason for the notification
a)	Position/status	Chief Technology 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	Grant of share option under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	66,493
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 December 2018
f)	Place of the transaction	Outside a trading venue

 

END

 

 

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