Director/PDMR Shareholding

RNS Number : 9234R

Sage Group PLC

05 March 2019

 

DIRECTOR/PDMR SHAREHOLDING

5 March 2019

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 share plan awards on 2 March 2019, the following persons named below, who are Directors and/or Persons Discharging Managerial Responsibilities 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 have been transferred from shares held in Treasury. On 4 March 2019 the Company was notified that they each disposed of the number of ordinary shares of 1^4/77 pence each set out below in respect of which they had become beneficially entitled, 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
Victoria Bradin	The Sage Group plc. 2015 Performance Share Plan	3,384	1,594	667.7290	2,526
Klaus-Michael Vogelberg	The Sage Group plc. 2015 Performance Share Plan	31,346	14,763	667.7290	364,957
Steve Hare	The Sage Group plc. 2015 Performance Share Plan	64,626	30,436	667.7290	314,982
Amanda Cusdin	The Sage Group plc. 2015 Performance Share Plan	4,474	2,107	667.7290	7,738
Blair Crump	The Sage Group plc. 2015 Performance Share Plan	30,024	11,026	667.7290	33,998

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	Victoria 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	Vesting of shares under The Sage Group plc. 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	3,384
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	2 March 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Victoria 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	Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			667.7290p	1,594
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 March 2019
f)	Place of the transactions	London Stock Exchange

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	Vesting of shares under The Sage Group plc. 2015 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	31,346
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	2 March 2019
f)	Place of the transactions	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	Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			667.7290p	14,763
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 March 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Hare
2	Reason for the notification
a)	Position/status	Chief Executive 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 plc. 2015 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	64,626
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	2 March 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Hare
2	Reason for the notification
a)	Position/status	Chief Executive 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 plc. 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			667.7290p	30,436
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 March 2019
f)	Place of the transactions	London Stock Exchange

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	Vesting of shares under The Sage Group plc. 2015 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	4,474
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	2 March 2019
f)	Place of the transactions	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	Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			667.7290p	2,107
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 March 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Blair Crump
2	Reason for the notification
a)	Position/status	President
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 plc. 2015 Performance Share Plan.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	30,024
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	2 March 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Blair Crump
2	Reason for the notification
a)	Position/status	President
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 plc. 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			667.7290p	11,026
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 March 2019
f)	Place of the transactions	London Stock Exchange

 

END

 

 

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