Director/PDMR Shareholding

RNS Number : 1582I

Sage Group PLC

06 August 2019

 

DIRECTOR/PDMR SHAREHOLDING

6 August 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 3 August 2019, the following persons named below, who are 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 5 August 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:

Executive Committee Member	Award Plan	Number of Ordinary Shares Acquired	Number of Ordinary Shares Disposed	Average price in pence	Resultant Total Shareholding
Aaron Harris	The Sage Group Restricted Share Plan	254,770	91,544	698.7238	274,457
Robert Reid	The Sage Group Restricted Share Plan	351,555	351,555	698.7238	116,267

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	Aaron Harris
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 Restricted Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.00	254,770
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	3 August 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aaron Harris
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 Restricted Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			698.7238p	91,544
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	5 August 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Reid
2	Reason for the notification
a)	Position/status	Chairman Mid-Market Solutions and Managing Director, Sage Intacct
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	351,555
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	3 August 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Reid
2	Reason for the notification
a)	Position/status	Chairman Mid-Market Solutions and Managing Director, Sage Intacct
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 acquired from the vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			698.7238	351,555
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	5 August 2019
f)	Place of the transactions	London Stock Exchange

Name of contact:	Mohor Roy
Telephone number of contact:	[phone]

 

END

 

 

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