Director/PDMR Shareholding

RNS Number : 9422A

Sage Group PLC

07 February 2022

 

DIRECTOR/ PDMR SHAREHOLDING

7 February 2022

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 UK Market Abuse Regulation.

On 4 February 2022 the persons named below, who are Executive Directors of Sage, were granted awards over ordinary shares of 1^4/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan as shown below (the "Awards"). The maximum number of shares that may be acquired on the vesting of the Awards is specified opposite each Executive Director's name below.

No price is payable either on the grant or vesting of the Awards.

The Awards will vest on 2 December 2024, subject to continued employment and the achievement of the performance conditions. The vested shares will be subject to a two-year holding period after the vesting date and will be released on 2 December 2026.

The Awards are subject to malus (withholding) and recovery (clawback).

Executive Directors	Maximum number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards
Steve Hare	258,169
Jonathan Howell	141,690

ANNEX

Templates for notification 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	Steve Hare
2	Reason for the notification
a)	Position/status	Chief Executive 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	Grant of share awards under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	258,169
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 February 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jonathan Howell
2	Reason for the notification
a)	Position/status	Chief Financial 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	Grant of share awards under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	141,690
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	4 February 2022
f)	Place of the transaction	Outside a trading venue

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

 

END

 

 

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