Director/PDMR Shareholding

Sage Group PLC

02 February 2024

 

DIRECTOR/PDMR SHAREHOLDING

2 February 2024

The Sage Group plc. ("Sage")

Notification of Transactions by Persons Discharging Managerial Responsibilities

This notification relates to transactions notified in accordance with Article 19(3) of the UK Market Abuse Regulation.

Sage announces that on 1 February 2024, the undernoted persons discharging managerial responsibilities for Sage (each a "PDMR"), acquired ordinary shares of 1^4/77 pence each in Sage at the purchase price set out below, in accordance with the rights they acquired under the Sage Colleague Share Purchase Plan (the "CSPP") on 1 August 2023 to purchase such ordinary shares.

In accordance with the CSPP rules, the purchase price per ordinary share was the lesser of 85% of the fair market value of an ordinary share as at (i) the award date being, being 1 August 2023 and (ii) the purchase date, being 1 February 2024.  The purchase price was funded by monthly contributions, made by the relevant PDMR during the offering period, which have been converted from USD to GBP using the prevailing exchange rate at the time of purchase.

PDMR	Number of shares purchased under the CSPP	Purchase price per share	Resultant total shareholding
Aaron Harris	595	£7.96	381,629
Aziz Benmalek	595	£7.96	78,373
Walid Abu-Hadba	187	£7.96	189,582

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aaron Harris
2	Reason for the notification
a)	Position/status	Chief Technology 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	Purchase of ordinary shares in Sage in accordance with the right acquired to purchase such shares under the CSPP.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£7.96	595
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	1 February 2024
f)	Place of the transaction	London Stock Exchange

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 and EVP Partners & Alliances
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	Purchase of ordinary shares in Sage in accordance with the right acquired to purchase such shares under the CSPP.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£7.96	595
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	1 February 2024
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	Purchase of ordinary shares in Sage in accordance with the right acquired to purchase such shares under the CSPP.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£7.96	187
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	1 February 2024
f)	Place of the transaction	London Stock Exchange

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

 

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