Director/PDMR Shareholding

RNS Number : 9992W

Sage Group PLC

16 December 2019

 

DIRECTOR/PDMR SHAREHOLDING

16 December 2019

The Sage Group plc. (the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities

This notification relates to transactions notified in accordance with article 19 of the Market Abuse Regulation.

On the vesting of The Sage Group Restricted Share Plan awards on 13 December 2019, the following persons named below, who are Members of the Executive Committee of the Company (PDMRs), became beneficially entitled to the number of Ordinary shares of 1^4/77 pence each in the Company set out below, all of which have been transferred from shares held in Treasury. On 13 December 2019 the Company was notified that they each disposed of the number of Ordinary shares of 1^4/77 pence each set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below, to cover tax obligations arising from the vesting.

PDMRs	Award Plan	Number of Ordinary Shares Acquired	Number of Ordinary Shares Disposed	Average price in pence	Resultant Total Shareholding
Marc Linden	The Sage Group Restricted Share Plan	57,199	28,417	732.917	170,190
Aaron Harris	The Sage Group Restricted Share Plan	57,199	22,553	732.917	256,674

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	Marc Linden
2	Reason for the notification
a)	Position/status	EVP & GM Medium Segment Native Cloud Solutions
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	Vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			0.00	57,199
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	13 December 2019
f)	Place of the transactions	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Linden
2	Reason for the notification
a)	Position/status	EVP & GM Medium Segment Native Cloud Solutions
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	Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			732.917p	28,417
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	13 December 2019
f)	Place of the transactions	London Stock Exchange

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	Vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			0.00	57,199
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	13 December 2019
f)	Place of the transactions	Outside a trading venue

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	Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price		Volume
			732.917p		22,553
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	13 December 2019
f)	Place of the transactions	London Stock Exchange
Name of contact:				Mohor Roy
Telephone number of contact:				[phone]

 

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