Director/PDMR Shareholding

RNS Number : 6714H
Sage Group PLC
04 December 2020
 

DIRECTOR/PDMR SHAREHOLDING

 

4 December 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.

 

Sage announces that Robert Reid, who is a member of the Executive Committee of Sage ("PDMR"), has exercised options over a total number of 699,784 ordinary shares of 14/77 pence each in Sage under The Sage Group plc 2017 Share Option Plan on 3 December 2020 at option prices as set out below. The options were originally granted as set out below subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant shareholding after the exercise of options for Robert Reid is 922,866 ordinary shares of 14/77 pence in Sage.

 

 

Grant Date

Number of ordinary shares of 14/77 pence each acquired

Option price in pence

12 October 2011

323,195

22

29 July 2014

344,522

85

11 September 2015

32,067

116

 

 



 

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

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 to acquire ordinary shares in Sage under The Sage Group plc 2017 Share Option Plan

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




22p

323,195




85p

344,522




116p

32,067







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

3 December 2020

f)

 

Place of the transactions

 

London Stock Exchange

 

 

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 203 810 7200

 

 

 

 

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END
 
 
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