TIDMSGE

RNS Number : 1582I

Sage Group PLC

06 August 2019

DIRECTOR/PDMR SHAREHOLDING

6 August 2019

The Sage Group plc. (the Company)

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 the vesting of share plan awards on 3 August 2019, the following persons named below, who are Persons Discharging Managerial Responsibilities of The Sage Group plc., became beneficially entitled to the number of Ordinary shares of 1(4/77) pence each in the Company set out below, all of which have been transferred from shares held in Treasury. On 5 August 2019 the Company was notified that they each disposed of the number of Ordinary shares of 1(4/77) pence each set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below:

 
 Executive       Award Plan           Number         Number of          Average     Resultant 
  Committee                            of Ordinary    Ordinary           price in    Total Shareholding 
  Member                               Shares         Shares Disposed    pence 
                                       Acquired 
                 The Sage 
                  Group Restricted 
 Aaron Harris     Share Plan          254,770        91,544             698.7238    274,457 
                -------------------  -------------  -----------------  ----------  -------------------- 
                 The Sage 
                  Group Restricted 
 Robert Reid      Share Plan          351,555        351,555            698.7238    116,267 
                -------------------  -------------  -----------------  ----------  -------------------- 
 

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                                     Aaron Harris 
      ---------------------------------------  -------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Technology Officer 
      ---------------------------------------  -------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  -------------------------------------- 
 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                       Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN: GB00B8C3BL03 
 
 b)    Nature of the transaction                Vesting of shares under The Sage 
                                                 Group Restricted Share Plan 
      ---------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ----------------  ----------------- 
                                                 Price(s)          Volume(s) 
                                                ----------------  ----------------- 
                                                 0.00              254,770 
                                                ----------------  ----------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 3 August 2019 
      ---------------------------------------  -------------------------------------- 
 f)    Place of the transactions                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                    Initial notification 
        /Amendment 
      --------------------------------------  --------------------------------------------- 
 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                      Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                     ISIN: GB00B8C3BL03 
 
 b)    Nature of the transaction               Sale of shares to cover tax obligations 
                                                arising from the vesting of shares 
                                                under The Sage Group Restricted Share 
                                                Plan 
      --------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               --------------------  -------------------- 
                                                Price(s)              Volume(s) 
                                               --------------------  -------------------- 
                                                698.7238p             91,544 
                                               --------------------  -------------------- 
 
 d)    Aggregated information                  N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                5 August 2019 
      --------------------------------------  --------------------------------------------- 
 f)    Place of the transactions               London Stock Exchange 
      --------------------------------------  --------------------------------------------- 
 
 
 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 and 
                                                 Managing Director, Sage Intacct 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 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                       Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN: GB00B8C3BL03 
 
 b)    Nature of the transaction                Vesting of shares under The Sage 
                                                 Group Restricted Share Plan 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 0.00               351,555 
                                                -----------------  ----------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 3 August 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transactions                Outside a trading venue 
      ---------------------------------------  --------------------------------------- 
 
 
 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 and 
                                                 Managing Director, Sage Intacct 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 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                       Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN: GB00B8C3BL03 
 
 b)    Nature of the transaction                Sale of shares acquired from the 
                                                 vesting of shares under The Sage 
                                                 Group Restricted Share Plan 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 698.7238           351,555 
                                                -----------------  ----------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 5 August 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transactions                London Stock Exchange 
      ---------------------------------------  --------------------------------------- 
 
 
 Name of contact:                Mohor Roy 
 Telephone number of contact:    +44(0) 191 294 3457 
                                -------------------- 
 

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 rns@lseg.com or visit www.rns.com.

END

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