Director/PDMR Shareholding

RNS Number : 6714H

Sage Group PLC

04 December 2020

 

DIRECTOR/PDMR SHAREHOLDING

4 December 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 ("PDMR"), has exercised options over a total number of 699,784 ordinary shares of 1^4/77 pence each in Sage under The Sage Group plc 2017 Share Option Plan on 3 December 2020 at option prices as set out below. The options were originally granted as set out below subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant shareholding after the exercise of options for Robert Reid is 922,866 ordinary shares of 1^4/77 pence in Sage.

Grant Date	Number of ordinary shares of 14/77 pence each acquired	Option price in pence
12 October 2011	323,195	22
29 July 2014	344,522	85
11 September 2015	32,067	116

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 under The Sage Group plc 2017 Share Option Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			22p	323,195
			85p	344,522
			116p	32,067
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	3 December 2020
f)	Place of the transactions	London Stock Exchange

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

 

END

 

 

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