Director/PDMR Shareholding

RNS Number : 2445W

Sage Group PLC

14 August 2020

 

DIRECTOR/PDMR SHAREHOLDING

14 August 2020

The Sage Group plc. ("Sage")

Notification of Transactions of Persons Discharging Managerial Responsibilities

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

Sage announces that Robert Reid, who is a member of the Executive Committee of Sage, has exercised options over 90,000  ordinary shares of 1^4/77 pence each in Sage at an option price of 22 pence per share under The Sage Group plc 2017 Share Option Plan on 13 August 2020. The options were originally granted on 12 October 2011 subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant total shareholding of Robert Reid is 343,082   ordinary shares of 1^4/77 pence in Sage.

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	Robert Reid
2	Reason for the notification
a)	Position/status	Chairman, Mid-Market 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	Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			22p	90,000
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	13 August 2020
f)	Place of the transactions	London Stock Exchange

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

 

END

 

 

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