TIDMSGE

RNS Number : 9992W

Sage Group PLC

16 December 2019

DIRECTOR/PDMR SHAREHOLDING

16 December 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 The Sage Group Restricted Share Plan awards on 13 December 2019, the following persons named below, who are Members of the Executive Committee of the Company (PDMRs), 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 December 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, to cover tax obligations arising from the vesting.

 
 PDMRs           Award Plan           Number         Number of          Average     Resultant 
                                       of Ordinary    Ordinary           price in    Total Shareholding 
                                       Shares         Shares Disposed    pence 
                                       Acquired 
                 The Sage 
                  Group Restricted 
 Marc Linden      Share Plan          57,199         28,417             732.917     170,190 
                -------------------  -------------  -----------------  ----------  -------------------- 
                 The Sage 
                  Group Restricted 
 Aaron Harris     Share Plan          57,199         22,553             732.917     256,674 
                -------------------  -------------  -----------------  ----------  -------------------- 
 

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                                           Marc Linden 
      ---------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                EVP & GM Medium Segment Native Cloud 
                                                       Solutions 
      ---------------------------------------------  ------------------------------------------ 
 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               Volume 
                                                      ------------------  ------------------- 
                                                       0.00                57,199 
                                                      ------------------  ------------------- 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                       13 December 2019 
      ---------------------------------------------  ------------------------------------------ 
 f)    Place of the transactions                      Outside a trading venue 
      ---------------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                        Marc Linden 
      ------------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                             EVP & GM Medium Segment Native Cloud 
                                                    Solutions 
      ------------------------------------------  --------------------------------------------- 
 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                     Volume 
                                                   ------------------------  ---------------- 
                                                    732.917p                  28,417 
                                                   ------------------------  ---------------- 
 
 d)    Aggregated information                      N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                    13 December 2019 
      ------------------------------------------  --------------------------------------------- 
 f)    Place of the transactions                   London Stock Exchange 
      ------------------------------------------  --------------------------------------------- 
 
 
 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             Volume 
                                                      ----------------  ----------------- 
                                                       0.00              57,199 
                                                      ----------------  ----------------- 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                       13 December 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              Volume 
                                            -----------------  ---------------- 
                                             732.917p           22,553 
                                            -----------------  ---------------- 
 
 d)    Aggregated information          N/A - single transaction 
 
       - Aggregated volume 
 
       - Price 
 
 e)    Date of the transactions        13 December 2019 
      ------------------------------  ------------------------------------------------- 
 f)    Place of the transactions       London Stock Exchange 
      ------------------------------  ------------------------------------------------- 
 Name of contact:                                       Mohor Roy 
                                                       ------------------------------------ 
 Telephone number of contact:                           +44(0) 191 294 3457 
                                                       ------------------------------------ 
 
 

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END

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December 16, 2019 06:36 ET (11:36 GMT)

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