Director/PDMR Shareholding

RNS Number : 8326M

Sage Group PLC

25 May 2022

 

DIRECTOR/ PDMR SHAREHOLDING

25 May 2022

The Sage Group plc. ("Sage")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

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

On 24 May 2022, Aziz Benmalek, PDMR and member of the Executive Leadership Team of Sage, was granted awards over ordinary shares of 1^4/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan ("PSP").

No price is payable by the PDMR on either the grant or vesting of the PSP award.

The PSP award will vest on 2 December 2024, subject to continued employment and the achievement of the performance conditions. The PSP award is subject to Malus and Clawback.

PDMR	Number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the PSP award
Aziz Benmalek	78,126

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aziz Benmalek
2	Reason for the notification
a)	Position/status	President - North America
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	78,126
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	24 May 2022
f)	Place of the transaction	Outside a trading venue

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

 

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