TIDMSGE

RNS Number : 4483M

Sage Group PLC

16 September 2019

DIRECTOR/PDMR SHAREHOLDING

16 September 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 Sage Group Restricted Share Plan awards on 13 September 2019, Amanda Cusdin, who is a member of the Executive Committee of the Company, 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 13 September 2019 the Company was notified that Amanda Cusdin disposed off the number of Ordinary shares of 1(4/77) pence each set out below in respect of which she had become beneficially entitled, at the price per Ordinary share set out below, to cover tax obligations arising from the vesting.

 
 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 
 Amanda Cusdin     Share Plan          18,585         8,381              GBP6.63488   18,083 
                 -------------------  -------------  -----------------  -----------  -------------------- 
 

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                                     Amanda Cusdin 
      ---------------------------------------  -------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                          Chief People 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              18,585 
                                                ----------------  ----------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 13 September 2019 
      ---------------------------------------  -------------------------------------- 
 f)    Place of the transactions                Outside a trading venue 
      ---------------------------------------  -------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Amanda Cusdin 
      -------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------- 
 a)    Position/status                        Chief People 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) 
                                              ------------------------  ----------------- 
    GBP6.63488                                                           8,381 
   -------------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information                 N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions               13 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

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