Director/PDMR Shareholding

Sage Group PLC

18 June 2024

 

DIRECTOR/PDMR SHAREHOLDING

18 June 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 of the UK Market Abuse Regulation.

Sage announces that on 14 June 2024 it granted options (the "Options") over a total of 1,422,166 ordinary shares of 1^4/77 pence each to 2,497 employees, pursuant to the rules of The Sage Save and Share Plan (the "Plan").

The invitation to join the Plan was made available to all eligible employees of Sage in countries participating in the Plan in 2024, who were employed on or before 9 May 2024. Employees are limited to a maximum saving of £500 per month (or local currency equivalent) across this plan and any other outstanding Save and Share plans they may be participating in. The grant of Options amounts to 0.1327% of Sage's issued share capital as at 14 June 2024. The exercise of Options on maturity is not dependent upon performance criteria.

The Options for UK participants are exercisable between 1 August 2027 and 31 January 2028 with the exercise price set at a 20% discount to the average middle market quotation of the three dealing days prior to the launch of the Plan on 22 May 2024 and is £8.71 pence per ordinary share. 

The following PDMRs have applied to participate in the Plan and are included in the totals above as follows:

PDMRs	Participating country	Number of Options granted	Option price per ordinary share
Vicki Bradin	UK	2,129	£8.71
Amanda Cusdin	UK	1,064	£8.71
Catherine Keers	UK	2,129	£8.71
Amy Lawson	UK	1,703	£8.71

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	Grant of Options over ordinary shares under The Sage Save and Share Plan, exercisable between 1 August 2027 and 31 January 2028
c)	Price(s) and volume(s)
			Price	Volume
			Nil	2,129
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 June 2024
f)	Place of the transaction	Outside a trading venue

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	Grant of Options over ordinary shares under The Sage Save and Share Plan, exercisable between 1 August 2027 and 31 January 2028
c)	Price(s) and volume(s)
			Price	Volume
			Nil	1,064
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Catherine Keers
2	Reason for the notification
a)	Position/status	Chief Marketing 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	Grant of Options over ordinary shares under The Sage Save and Share Plan, exercisable between 1 August 2027 and 31 January 2028
c)	Price(s) and volume(s)
			Price	Volume
			Nil	2,129
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 June 2024
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Amy Lawson
2	Reason for the notification
a)	Position/status	Chief Corporate Affairs 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	Grant of Options over ordinary shares under The Sage Save and Share Plan, exercisable between 1 August 2027 and 31 January 2028
c)	Price(s) and volume(s)
			Price	Volume
			Nil	1,703
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 June 2024
f)	Place of the transaction	Outside a trading venue

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

 

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