DIRECTOR/PDMR SHAREHOLDING
29 May 2024
The Sage Group plc. ("Sage")
Notification of Transactions by Person Discharging Managerial Responsibilities (PDMR)
This notification relates to transactions notified in accordance with article 19 of the UK Market Abuse Regulation.
On 28 May 2024, Walid Abu-Hadba, Chief Product Officer and PDMR has notified Sage of the transfer of 119,328 ordinary shares of 14/77 pence in Sage ("Ordinary Shares") each from his Employee Share Account to his broker account. The transferred Ordinary Shares in his broker account are held jointly with his Person Closely Associated, Hala Rashid.
On 28 May 2024, Walid Abu-Hadba, Chief Product Officer and PDMR also purchased 2,000 Ordinary Shares at a price of £11.1528 per Ordinary Share. The purchases were made in US dollars with the price per Ordinary Share given in this announcement in GBP as converted at the exchange rate at close on the date of purchase.
The resultant shareholding for Walid Abu-Hadba is 227,911 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 |
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 |
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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Transfer of shares from Employee Share Account to broker account, held jointly with Person Closely Associated |
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c)
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Price(s) and volume(s) |
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Price |
Volume |
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Nil |
119,328 |
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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 |
27 May 2024 |
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f)
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Place of the transaction
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Outside a trading venue |
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 |
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 |
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
|
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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Ordinary 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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£11.1528 |
2,000 |
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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 May 2024 |
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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 |
Telephone number of contact: |
+44(0) 203 810 7200 |