TIDMSGE

RNS Number : 7200L

Sage Group PLC

09 September 2019

DIRECTOR/PDMR SHAREHOLDING

9 September 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 Robert Reid, who is a member of the Executive Committee of the Company, has exercised options over 120,000 Ordinary shares of 1(4/77) pence each in the Company at an exercise price of 22 pence per share under the terms of The Sage Group plc 2017 Share Option Plan on 6 September 2019. 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 236,267 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                                     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                Exercise of options to acquire Ordinary 
                                                 shares in the Company pursuant to 
                                                 The Sage Group plc 2017 Share Option 
                                                 Plan 
      ---------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ---------------------  -------------------- 
                                                 Price(s)               Volume(s) 
                                                ---------------------  -------------------- 
    22 pence                                                            120,000 
   ------------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 6 September 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

DSHLLMFTMBMMBBL

(END) Dow Jones Newswires

September 09, 2019 12:03 ET (16:03 GMT)

Grafico Azioni Sage (LSE:SGE)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Sage
Grafico Azioni Sage (LSE:SGE)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Sage