Director/PDMR Shareholding

Sage Group PLC

30 May 2023

 

DIRECTOR/PDMR SHAREHOLDING

30 May 2023

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 on 25 May 2023, Vicki Bradin, who is a member of the Executive Leadership Team of Sage, exercised options over 58,031 ordinary shares of 1^4/77 pence each in Sage at an option price of £5.79 per share (the "Options"). The Options were granted on 4 December 2018 under The Sage Group plc 2017 Share Option Plan, and matured and became exercisable on 4 December 2020.

On 25 May 2023, Vicki Bradin sold 48,351 ordinary shares of 1^4/77 pence each in Sage at a price of £8.488 per share, to satisfy the option price per share due and tax liabilities arising on the exercise of the Options. The balance of 9,680 shares was transferred to her Employee Share Account. The resultant total shareholding of Vicki Bradin is 108,285 ordinary shares of 1^4/77 pence each in Sage.

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	Exercise of options to acquire ordinary shares in Sage granted under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£5.79	58,031
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	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	Sale of ordinary shares in Sage in order to satisfy the option price per share due and tax liabilities arising on the exercise of the Options.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£8.488	48,351
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London Stock Exchange

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

 

END