Director/PDMR Shareholding

RNS Number : 1971X

Sage Group PLC

17 December 2019

 

DIRECTOR/PDMR SHAREHOLDING

17 December 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 The Sage Group plc 2015 Performance Share Plan awards on 14 December 2019, the following persons named below, who are Directors and/or Members of the Executive Committee of the Company (PDMRs), 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 16 December 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.

PDMRs	Award Plan	Number of Ordinary Shares Acquired	Number of Ordinary Shares Disposed	Average price in pence	Resultant Total Shareholding
Steve Hare	The Sage Group plc 2015 Performance Share Plan	33,061	15,570	744.8534	351,743
Vicki Bradin	The Sage Group plc 2015 Performance Share Plan	5,379	2,534	744.8534	13,485
Blair Crump	The Sage Group plc 2015 Performance Share Plan	31,169	9,792	744.8534	63,444
Klaus-Michael Vogelberg	The Sage Group plc 2015 Performance Share Plan	17,416	8,202	744.8534	383,560
Derk Bleeker	The Sage Group plc 2015 Performance Share Plan	2,891	1,362	744.8534	37,693
Amanda Cusdin	The Sage Group plc 2015 Performance Share Plan	3,544	1,670	744.8534	28,385
Sue Goble	The Sage Group plc 2015 Performance Share Plan	5,849	2,755	744.8534	26,161
Ron McMurtrie	The Sage Group plc 2015 Performance Share Plan	6,437	1,942	744.8534	19,282

 

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	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	Volume
			0.00	33,061
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 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	Volume
			744.8534p	15,570
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 2019
f)	Place of the transactions	London Stock Exchange

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	Vesting of shares under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			0.00	5,379
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 2019
f)	Place of the transactions	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	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	Volume
			744.8534p	2,534
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 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	Volume
			0.00	31,169
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 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	Volume
			744.8534p	9,792
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 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 Architect and Technology Advisor
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	Volume
			0.00	17,416
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 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 Architect and Technology Advisor
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	Volume
			744.8534p	8,202
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Derk Bleeker
2	Reason for the notification
a)	Position/status	Chief Corporate Development 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	Volume
			0.00	2,891
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Derk Bleeker
2	Reason for the notification
a)	Position/status	Chief Corporate Development 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	Volume
			744.8534p	1,362
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 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	Volume
			0.00	3,544
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 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	Volume
			744.8534p	1,670
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sue Goble
2	Reason for the notification
a)	Position/status	Chief Customer Success 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	Volume
			0.00	5,849
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sue Goble
2	Reason for the notification
a)	Position/status	Chief Customer Success 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	Volume
			744.8534p	2,755
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 2019
f)	Place of the transactions	London Stock Exchange

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 and Business Enablement 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	Volume
			0.00	6,437
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 2019
f)	Place of the transactions	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 and Business Enablement 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	Volume
			744.8534p	1,942
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	16 December 2019
f)	Place of the transactions	London Stock Exchange

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

 

END

 

 

DSHTRBITMBMBBBL