Notification of director's interest in shares

RNS Number : 3590F

Sage Group PLC

26 October 2018

 

DIRECTOR/PDMR SHAREHOLDING

26 October 2018

The Sage Group plc. (the Company)

Notification of directors' interests in shares

This announcement is made pursuant to Article 19 of the Market Abuse Regulation.

On 24 October 2018, Neil Berkett, who is director of The Sage Group plc, notified the company that owing to an administrative error on his part, certain transactions in the ordinary shares in The Sage Group plc undertaken in 2014, 2016 and 2018 had not been notified to the company and so had not previously been announced.   Neil Berkett has now notified the company of:

A.   the following transactions:

1.   On 4 April 2014 to acquire 2,735 ordinary shares in The Sage Group plc for a price per share of £4.16 to be held by Pershing Securities Limited as nominee pursuant to an ISA account with Raymond James Investment Services Limited;

2.   On 30 June 2016 to sell 2,446 ordinary shares in The Sage Group plc for a price per share of £6.21 held by Pershing Securities Limited as nominee for Neil Berkett pursuant to an investment account with Raymond James Investment Services Limited;

3.   On 30 June 2016 to acquire 2,443 ordinary shares in The Sage Group plc for a price per share of £6.28 to be held by Pershing Securities Limited as nominee for Neil Berkett pursuant to an investment account with Raymond James Investment Services Limited;

4.   On 11 August 2016 to sell 2,084 ordinary shares in The Sage Group plc for a price per share of £7.30 held by Pershing Securities Limited as nominee for Neil Berkett pursuant to an investment account with Raymond James Investment Services Limited;

5.   On 11 August 2016 to acquire 2,082 ordinary shares in The Sage Group plc for a price per share of £7.36 to be held by Pershing Securities Limited as nominee pursuant to an ISA account with Raymond James Investment Services Limited;

6.   On 28 March 2018 to sell 3,188 ordinary shares in The Sage Group plc for a price per share of £6.42 held by Pershing Securities Limited as nominee for Neil Berkett pursuant to an investment account with Raymond James Investment Services Limited; and

7.   On 4 April 2018 to acquire 3,120 ordinary shares in The Sage Group plc for a price per share of £6.45 to be held by Pershing Securities Limited as nominee pursuant to an ISA account with Raymond James Investment Services Limited; and

B. That these transactions, when aggregated with other transactions which were previously notified to the company and announced, result in Neil Berkett having a total holding of 50,661 ordinary shares in The Sage Group plc.

Neil Berkett has apologised to the Board for any embarrassment this oversight may have caused.

Enquiries

The Sage Group plc : + 44(0) 191 294 3457

Lauren Wholley, Investor Relations

Sebastian Mathews, Corporate PR

FTI Consulting : + 44(0) 20 3727 1000

Charles Palmer

ANNEX

Notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neil Berkett
2	Reason for the notification
a)	Position/status	Non-executive director
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	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			416 pence	2,735
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 April 2014
f)	Place of the transactions	London Stock Exchange
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Share sale
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			621 pence	2,446
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	30 June 2016
f)	Place of the transactions	London Stock Exchange
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			628 pence	2,443
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	30 June 2016
f)	Place of the transactions	London Stock Exchange
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Share sale
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			730 pence	2,084
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	11 August 2016
f)	Place of the transactions	London Stock Exchange
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			736 pence	2,082
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	11 August 2016
f)	Place of the transactions	London Stock Exchange
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Share sale
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			642 pence	3,188
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	28 March 2018
f)	Place of the transactions	London Stock Exchange
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Share purchase
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			645 pence	3,120
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	4 April 2018
f)	Place of the transactions	London Stock Exchange

 

END

 

 

DSHEADEKAEEPFFF