Director/PDMR Shareholding

RNS Number : 1715M
Sage Group PLC
19 May 2022
 

DIRECTOR/ PDMR SHAREHOLDING

 

19 May 2022

 

 

The Sage Group plc. ("Sage")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

 

This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.

 

On 18 May 2022, the PDMRs noted below, who are members of the Executive Leadership Team of Sage, were granted awards over ordinary shares of 14/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan ("PSP") and The Sage Group plc 2019 Restricted Share Plan ("RSP 2019"), together the ("Awards").

 

No price is payable by the PDMRs on either the grant or vesting of the Awards.

 

The PSP awards will vest on 2 December 2024. The RSP 2019 award will vest on 18 May 2025. All Awards are subject to continued employment, vesting conditions and Malus and Clawback.

 

 

PDMRs

Number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards

PSP

RSP 2019

Total

Aaron Harris

-

53,486

53,486

Amy Lawson

19,876

-

19,876

Derk Bleeker

20,252

-

20,252

Walid Abu-Hadba

60,097

-

60,097

 

 

 

 

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 /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 awards under The Sage Group plc 2019 Restricted Share Plan

 

c)

 

Price(s) and volume(s)







Price

Volume




Nil

53,486





 

 

 


d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

18 May 2022

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Amy Lawson

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Corporate Affairs 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 awards under The Sage Group plc 2015 Performance Share Plan

 

c)

 

Price(s) and volume(s)







Price

Volume




Nil

19,876







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

18 May 2022

 

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Derk Bleeker

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

President - EMEA

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 awards under The Sage Group plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




Nil

20,252







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

18 May 2022

 

 

 

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Walid Abu-Hadba

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief 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 awards under The Sage Group plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




Nil

60,097






 

 

 

 

d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

18 May 2022

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

Name of contact:

Mohor Roy, Deputy Company Secretary

Telephone number of contact:

+ 44(0) 203 810 7200

 

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