Director/PDMR Shareholding

RNS Number : 7616R

Sage Group PLC

13 December 2016

 

13 December 2016

The Sage Group plc ("the Company")

Director/PDMR Shareholding

On 13 December 2016 the Company was notified that on 13 December 2016 Klaus-Michael Vogelberg, a member of the Executive Committee of the Company, exercised an option over 18,511 ordinary shares of 1^4/77 pence each at the exercise price of 270 pence per share, under the terms of The Sage Group 1999 Executive Share Option Scheme.

Mr Vogelberg subsequently sold 12,937 Ordinary shares on 13 December 2016, at a price of 632.07 pence per share.

Place of transaction:      London

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Klaus-Michael Vogelberg
2	Reason for the notification
a)	Position/status	Chief Technology Officer
b)	Initial notification/Amendment	Initial notification
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 financial instrument, type of instrument	Ordinary Shares
	Identification code	ISIN: GB00B8C3BL03
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			270.00p	18,511
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	12 December 2016
f)	Place of the transaction	London Stock Exchange

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