Director/PDMR Shareholding

RNS Number : 1215X
Sage Group PLC
24 August 2022
 

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

 

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

 

Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Save and Share Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£6.04

2,980







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

23 August 2022

 

f)

 

Place of the transaction

 

London Stock Exchange

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 203 810 7200

 

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