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Sage Group PLC (SGE)

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Friday 14 August, 2020

Sage Group PLC

Director/PDMR Shareholding

RNS Number : 2445W
Sage Group PLC
14 August 2020
 

DIRECTOR/PDMR SHAREHOLDING

 

14 August 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, has exercised options over 90,000  ordinary shares of 14/77 pence each in Sage at an option price of 22 pence per share under The Sage Group plc 2017 Share Option Plan on 13 August 2020. The options were originally granted on 12 October 2011 subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant total shareholding of Robert Reid is 343,082   ordinary shares of 14/77 pence 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

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 pursuant to The Sage Group plc 2017 Share Option Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




22p

90,000







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

13 August 2020

f)

 

Place of the transactions

 

London Stock Exchange

 

 

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 203 810 7200

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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