Director/PDMR Shareholding

RNS Number : 8992I

Sage Group PLC

16 December 2020

 

DIRECTOR/PDMR SHAREHOLDING

16 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.

On the vesting of The Sage Group Restricted Share Plan award on 13 December 2020, Aaron Harris, a member of the Executive Committee of Sage ("PDMR"), became beneficially entitled to 42,923 ordinary shares of 1^4/77 pence each in Sage.

On 15 December 2020 Sage was notified that on 14 December 2020 the vested shares were transferred from shares held in Treasury and Aaron Harris disposed 12,179 ordinary shares of 1^4/77 pence each in Sage in respect of which he had become beneficially entitled at the price of 581 pence per share to cover tax obligations arising from the vesting.

The resultant shareholding after this transaction for Aaron Harris is 270,860 ordinary shares of 1^4/77 pence each 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	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 ordinary shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			0.00	42,923
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	13 December 2020
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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Restricted Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			581p	12,179
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transactions	14 December 2020
f)	Place of the transactions	London Stock Exchange

Name of contact:	Mohor Roy
Telephone number of contact:	+ 44(0) 203 810 7200

 

END

 

 

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