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Sage Group PLC (SGE)

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Thursday 21 May, 2020

Sage Group PLC

Director/PDMR Shareholding

RNS Number : 6806N
Sage Group PLC
21 May 2020
 

DIRECTOR/ PDMR SHAREHOLDING

 

21 May 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.

 

On 21 May 2020 the persons named below, who are Persons Discharging Managerial Responsibilities (PDMR) of Sage, were granted awards over ordinary shares of 14/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan (PSP) as shown below (the "Awards"). The maximum number of shares that may be acquired on the vesting of the Awards is specified opposite each participant's name below. No price is payable either on the grant or vesting of the Awards. The Awards will vest, subject to continued employment and performance conditions on 2 December 2022. The Awards are subject to malus (withholding) and recovery (clawback).

 

 

PDMR

Maximum number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards

Keith Robinson

9,738

Lee Perkins

15,253

 

 

 



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

 

 

Keith Robinson

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Strategy 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 award under The Sage Group plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




Nil

9,738







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

21 May 2020

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 Commercial and Product 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 award under The Sage Group plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




nil

15,253







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

21 May 2020

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 


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