Sage Group PLC

Director/PDMR Shareholding

RNS Number : 0174V
Sage Group PLC
08 December 2021
 

DIRECTOR/PDMR SHAREHOLDING

 

8 December 2021

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 the vesting of The Sage Group Restricted Share Plan and The Sage Group Plc 2015 Performance Share Plan awards (together the "Awards") on 4 December 2021, the following persons named below, who are members of the Executive Committee of Sage including a PCA ("PDMRs and PCA"), became beneficially entitled to the number of ordinary shares of 14/77 pence each in Sage set out below, all of which have been transferred from shares held in Treasury. The Awards were granted on 4 December 2018, unless indicated otherwise below.

On 6 December 2021, Sage was notified that each individual disposed of the number of ordinary shares of 14/77 pence each in Sage set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below, to cover tax obligations arising from the vesting. Resultant total shareholding of the PDMRs and PCA are also set out below.

 

PDMRs and PCA

Awards

Number of ordinary shares acquired

Number of ordinary shares sold to cover tax obligations

Sale price per share in pence

Resultant total shareholding

Lee Perkins

The Sage Group plc 2015 Performance Share Plan

52,748

24,842

 

779.3643

 

91,829

Lee Perkins*

The Sage Group plc 2015 Performance Share Plan

27,746

13,067 

Derk Bleeker

The Sage Group plc 2015 Performance Share Plan

52,007

24,367 

779.3643

95,330

Amanda Cusdin

The Sage Group plc 2015 Performance Share Plan

66,867

31,491 

779.3643

91,304

Vicki Bradin

The Sage Group plc 2015 Performance Share Plan

58,843

27,712

779.3643

63,266

Sue Goble

The Sage Group plc 2015 Performance Share Plan

38,631

18,193

779.3643

79,330

Aaron Harris

The Sage Group Restricted Share Plan

24,543

5,989

779.3643

296,963

Nikola McNicol-Kenney**

The Sage Group Restricted Share Plan

14,913

7,024

779.3643

7,889

 

* Awards granted on 20 May 2019

** PCA to Lee Perkins

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

Lee Perkins

2

 

Reason for the notification

 

a)

 

Position/status

Chief Operating 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 Plc 2015 Performance Share Plan granted on 4 December 2018

c)

 

Price(s) and volume(s)







Price

Volume




0.00

52,748







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Lee Perkins

2

 

Reason for the notification

 

a)

 

Position/status

Chief Operating 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 Plc 2015 Performance Share Plan granted on 20 May 2019

c)

 

Price(s) and volume(s)







Price

Volume




0.00

27,746







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Lee Perkins

2

 

Reason for the notification

 

a)

 

Position/status

Chief Operating 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 Plc 2015 Performance Share Plan granted on 4 December 2018

c)

 

Price(s) and volume(s)







Price

Volume




779.3643p

24,842







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

6 December 2021

f)

 

Place of the transaction

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Lee Perkins

2

 

Reason for the notification

 

a)

 

Position/status

Chief Operating 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 Plc 2015 Performance Share Plan granted on 20 May 2019

c)

 

Price(s) and volume(s)







Price

Volume




779.3643p

13,067







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

6 December 2021

f)

 

Place of the transaction

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Derk Bleeker

2

 

Reason for the notification

 

a)

 

Position/status

Chief Strategy and Development 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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

52,007







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Derk Bleeker

2

 

Reason for the notification

 

a)

 

Position/status

Chief Strategy and Development 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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




779.3643p

24,367







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

6 December 2021

f)

 

Place of the transaction

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Amanda Cusdin

2

 

Reason for the notification

 

a)

 

Position/status

Chief People 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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

66,867







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Amanda Cusdin

2

 

Reason for the notification

 

a)

 

Position/status

Chief People 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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




779.3643p

31,491







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

6 December 2021

f)

 

Place of the transactions

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Vicki Bradin

2

 

Reason for the notification

 

a)

 

Position/status

General Counsel and Company Secretary

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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

58,843







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Vicki Bradin

2

 

Reason for the notification

 

a)

 

Position/status

General Counsel and Company Secretary

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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




779.3643p

27,712







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

6 December 2021

f)

 

Place of the transaction

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Sue Goble

2

 

Reason for the notification

 

a)

 

Position/status

Chief Customer Success 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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

38,631







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Sue Goble

2

 

Reason for the notification

 

a)

 

Position/status

Chief Customer Success 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 Plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




779.3643p

18,193







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

6 December 2021

f)

 

Place of the transaction

London Stock Exchange

 

 

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

24,543







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

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




779.3643p

5,989







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

6 December 2021

f)

 

Place of the transaction

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Nikola McNicol-Kenney

2

 

Reason for the notification

 

a)

 

Position/status

PCA to Lee Perkins

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

14,913







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Nikola McNicol-Kenney

2

 

Reason for the notification

 

a)

 

Position/status

PCA to Lee Perkins

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




779.3643p

7,024







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

6 December 2021

f)

 

Place of the transactions

London Stock Exchange

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+ 44(0) 203 810 7200

 

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