DIRECTOR/PDMR SHAREHOLDING
29 September 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(3) of the UK Market Abuse Regulation.
Sage was notified that on 28 September 2023 Walid Abu-Hadba, Chief Product Officer and PDMR, purchased 8,209 ordinary shares of 14/77 pence each in Sage at a price of £9.762 per share. The purchased shares are held in his broker account, which is held jointly with his PCA, Hala Rashid.
On the same date Aaron Harris, Chief Technology Officer and PDMR, sold 100,000 ordinary shares of 14/77 pence each in Sage at a price of £9.785 per share.
The resultant shareholding after the transaction for Walid Abu-Hadba is 189,395 ordinary shares of 14/77 pence each in Sage and for Aaron Harris is 330,466 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
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Walid Abu-Hadba |
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2
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Reason for the notification
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a)
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Position/status
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Chief Product 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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Share purchase |
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c)
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Price(s) and volume(s) |
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Price |
Volume |
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£9.762 |
8,209 |
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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
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28 September 2023 |
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f)
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Place of the transaction
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London Stock Exchange |
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 |
Aaron Harris |
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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 Technology 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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Sale of ordinary shares |
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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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£9.785 |
100,000 |
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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 |
28 September 2023 |
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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, Deputy Company Secretary |
Telephone number of contact: |
+ 44(0) 203 810 7200 |