DIRECTOR/PDMR SHAREHOLDING
10 August 2023
The Sage Group plc. ("Sage")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.
Sage announces that on 9 August 2023, the undernoted PDMRs, who are members of the Executive Leadership Team of Sage, exercised options granted to them under The Sage Save and Share Plan, over the number of ordinary shares of 14/77 pence each in Sage, and at the option price as set out below. The options were granted on 11 June 2020 and matured on 1 August 2023.
On 9 August 2023, Derk Bleeker also sold 3,522 ordinary shares of 14/77 pence each in Sage at a price of £9.4178 per share.
PDMR |
Number of shares acquired on exercise of Save and Share Plan option |
Option price per share |
Number of shares sold |
Sale price per share |
Resultant total shareholding |
Derk Bleeker |
3,522 |
£5.11 |
3,522 |
£9.4178 |
126,086 |
Amanda Cusdin |
704 |
£5.11 |
0 |
N/A |
133,973 |
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
|
Exercise of options to acquire ordinary shares in Sage granted under The Sage Save and Share Plan |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£5.11 |
3,522 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A - single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction |
9 August 2023
|
|||
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
|
Sale of ordinary shares |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£9.4178 |
3,522 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A - single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction |
9 August 2023
|
|||
f)
|
Place of the transaction
|
London Stock Exchange |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
a)
|
Name |
Amanda Cusdin |
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status |
Chief People 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 granted under The Sage Save and Share Plan |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£5.11 |
704 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A - single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction |
9 August 2023
|
|||
f)
|
Place of the transaction
|
Outside a trading venue |
Name of contact: |
Mohor Roy |
Telephone number of contact: |
+44(0) 203 810 7200 |