Director/PDMR Shareholding

Sage Group PLC

19 May 2023

 

DIRECTOR/PDMR SHAREHOLDING

19 May 2023

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.

Upon the vesting of awards granted under The Sage Group plc 2019 Restricted Share Plan ("RSP 2019"), on 18 May 2023 the undernoted PDMRs became entitled to the number of ordinary shares of 1^4/77 pence each in Sage ("Shares") noted below.

On 19 May 2023, Sage was notified that the PDMRs sold a number of Shares in respect of which they had become entitled at the price noted below, to cover the tax obligations arising on the vesting of the awards. The resultant aggregate total shareholding of the PDMRs is also set out below.

PDMR	Award	Number of ordinary shares acquired	Number of ordinary shares sold to cover tax obligations	Sale price per share	Resultant total shareholding
Aziz Benmalek	RSP 2019	28,743	8,698	£8.439354	56,212
Walid Abu-Hadba	RSP 2019	57,480	17,394	£8.439354	152,599

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aziz Benmalek
2	Reason for the notification
a)	Position/status	President - North America
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 ordinary shares under The Sage Group plc 2019 Restricted Share Plan, granted on 18 May 2021
c)	Price(s) and volume(s)
			Price	Volume
			Nil	28,743
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2023
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aziz Benmalek
2	Reason for the notification
a)	Position/status	President - North America
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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2019 Restricted Share Plan, granted on 18 May 2021
c)	Price(s) and volume(s)
			Price	Volume
			£8.439354	8,698
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2023
f)	Place of the transaction	London Stock Exchange

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	Vesting of ordinary shares under The Sage Group plc 2019 Restricted Share Plan, granted on 18 May 2021
c)	Price(s) and volume(s)
			Price	Volume
			Nil	57,480
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2023
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	Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2019 Restricted Share Plan, granted on 18 May 2021
c)	Price(s) and volume(s)
			Price	Volume
			£8.439354	17,394
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	18 May 2023
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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