TIDMSGE

RNS Number : 9374I

Sage Group PLC

13 August 2019

DIRECTOR/PDMR SHAREHOLDING

13 August 2019

The Sage Group plc. (the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities

This announcement is made pursuant to Article 19 of the Market Abuse Regulation.

The Company announces that Steve Hare, who is a Director of the Company, has exercised options over 9,463 Ordinary shares of 1(4/77) pence each in the Company at an exercise price of 317 pence per share under the terms of The Sage Group Savings-Related Share Option Plan on 13 August 2019. The options were originally granted on 12 June 2014 and matured on 1 August 2019. The resultant total shareholding of Steve Hare is 331,206 Ordinary shares of 1(4/77) pence each in the Company.

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                                     Steve Hare 
      ---------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive 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                Exercise of options to acquire Ordinary 
                                                 shares in the Company pursuant to 
                                                 The Sage Group Savings-Related Share 
                                                 Option Plan 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  -------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  -------------------- 
                                                 317p                  9,463 
                                                --------------------  -------------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 13 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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August 13, 2019 12:24 ET (16:24 GMT)

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