Director/PDMR Shareholding

RNS Number : 7528Y

Sage Group PLC

07 December 2017

 

DIRECTOR/PDMR SHAREHOLDING

7 December 2017

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(3) of the Market Abuse Regulation.

On 7 December 2017 the person named below, who is a member of the Executive Committee of The Sage Group plc., was granted awards over ordinary shares of 1^4/77 pence each in The Sage Group plc. under The Sage Group Restricted Share Plan.  The maximum number of shares that may be acquired on the vesting of the award is specified opposite the participants' name. No price is payable either on the grant or vesting of an award. The awards will normally vest, subject to the satisfaction of performance conditions and continued employment, 50 per cent. on the first anniversary of the appointment date (which will be 9 October 2018) and 50 per cent. on the second Anniversary of the appointment date (which will be 9 October 2019). Awards are subject to malus and clawback.

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
Sanjay Almeida	132,542

ANNEX

Template 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
c)	Price(s) and volume(s)
			Price	Volume
			760.50 pence	132,542
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	7 December 2017
f)	Place of the transaction	London Stock Exchange

 

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