DIRECTOR/PDMR SHAREHOLDING
24 August 2022
The Sage Group plc. ("Sage")
Notification of Transactions by Persons Discharging Managerial Responsibilities
This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.
Sage announces that Steve Hare, who is a member of the Executive Leadership Team of Sage, exercised options over 2,980 ordinary shares of 14/77 pence each in Sage at an option price of £6.04 per share, under The Sage Save and Share Plan, on 23 August 2022. The options were originally granted on 14 June 2019 and matured on 1 August 2022. The resultant total shareholding of Steve Hare is 388,625 ordinary shares of 14/77 pence each in Sage.
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name |
Steve Hare |
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2
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Reason for the notification
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a)
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Position/status |
Chief Executive Officer |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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The Sage Group plc. |
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b)
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LEI
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2138005RN5XYLTF8G138 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares |
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Identification code |
ISIN: GB00B8C3BL03 |
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b)
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Nature of the transaction
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Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Save and Share Plan |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£6.04 |
2,980 |
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d)
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Aggregated information |
N/A - single transaction |
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- Aggregated volume |
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- Price |
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e)
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Date of the transaction |
23 August 2022
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f)
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Place of the transaction
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London Stock Exchange |
Name of contact: |
Mohor Roy |
Telephone number of contact: |
+44(0) 203 810 7200 |