Director/PDMR Shareholding

RNS Number : 1715M

Sage Group PLC

19 May 2022

 

DIRECTOR/ PDMR SHAREHOLDING

19 May 2022

The Sage Group plc. ("Sage")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.

On 18 May 2022, the PDMRs noted below, who are members of the Executive Leadership Team of Sage, were granted awards over ordinary shares of 1^4/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan ("PSP") and The Sage Group plc 2019 Restricted Share Plan ("RSP 2019"), together the ("Awards").

No price is payable by the PDMRs on either the grant or vesting of the Awards.

The PSP awards will vest on 2 December 2024. The RSP 2019 award will vest on 18 May 2025. All Awards are subject to continued employment, vesting conditions and Malus and Clawback.

PDMRs	Number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards
	PSP	RSP 2019	Total
Aaron Harris	-	53,486	53,486
Amy Lawson	19,876	-	19,876
Derk Bleeker	20,252	-	20,252
Walid Abu-Hadba	60,097	-	60,097

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	Grant of share awards under The Sage Group plc 2019 Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			Nil	53,486
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amy Lawson
2	Reason for the notification
a)	Position/status	Chief Corporate Affairs 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 awards under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			Nil	19,876
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2022
f)	Place of the transaction	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	President - EMEA
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 awards under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			Nil	20,252
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Walid Abu-Hadba
2	Reason for the notification
a)	Position/status	Chief Product 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 awards under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			Nil	60,097
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2022
f)	Place of the transaction	Outside a trading venue

Name of contact:	Mohor Roy, Deputy Company Secretary
Telephone number of contact:	+ 44(0) 203 810 7200

 

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