DIRECTOR/PDMR SHAREHOLDING
02 August 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 August 2024, the undernoted persons discharging managerial responsibilities for Sage (each a "PDMR") acquired ordinary shares of 14/77 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 February 2024 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 1 February 2024 and (ii) the purchase date, being 1 August 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 |
508 |
£9.23 |
388,694 |
Walid Abu-Hadba |
160 |
£9.23 |
228,074 |
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 rights acquired to purchase such shares under the CSPP. |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£9.23 |
508 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A - single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction |
1 August 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 rights acquired to purchase such shares under the CSPP. |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£9.23 |
160 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
N/A - single transaction |
|||
|
|
||||
- Aggregated volume |
|
||||
|
|
||||
- Price |
|
||||
|
|
||||
e)
|
Date of the transaction |
1 August 2024
|
|||
f)
|
Place of the transaction
|
London Stock Exchange |
Name of contact: |
Mohor Roy |
Telephone number of contact: |
+44(0) 203 810 7200 |