Director/PDMR Shareholding

RNS Number : 6806N

Sage Group PLC

21 May 2020

 

DIRECTOR/ PDMR SHAREHOLDING

21 May 2020

The Sage Group plc. ("Sage")

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 21 May 2020 the persons named below, who are Persons Discharging Managerial Responsibilities (PDMR) of Sage, were granted awards over ordinary shares of 1^4/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan (PSP) as shown below (the "Awards"). The maximum number of shares that may be acquired on the vesting of the Awards is specified opposite each participant's name below. No price is payable either on the grant or vesting of the Awards. The Awards will vest, subject to continued employment and performance conditions on 2 December 2022. The Awards are subject to malus (withholding) and recovery (clawback).

PDMR	Maximum number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards
Keith Robinson	9,738
Lee Perkins	15,253

ANNEX

Templates for notification 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	Keith Robinson
2	Reason for the notification
a)	Position/status	Chief Strategy 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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			Nil	9,738
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	21 May 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lee Perkins
2	Reason for the notification
a)	Position/status	Chief Commercial and Product 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	Grant of share award under The Sage Group plc 2015 Performance Share Plan
c)	Price(s) and volume(s)
			Price	Volume
			nil	15,253
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	21 May 2020
f)	Place of the transaction	Outside a trading venue

 

END

 

 

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