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Sage Group PLC (SGE)

  Print          Annual reports

Wednesday 25 May, 2022

Sage Group PLC

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 14/77 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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