TIDMSGE

RNS Number : 9422A

Sage Group PLC

07 February 2022

DIRECTOR/ PDMR SHAREHOLDING

7 February 2022

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 UK Market Abuse Regulation.

On 4 February 2022 the persons named below, who are Executive Directors 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 as shown below (the "Awards"). The maximum number of shares that may be acquired on the vesting of the Awards is specified opposite each Executive Director's name below.

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

The Awards will vest on 2 December 2024, subject to continued employment and the achievement of the performance conditions. The vested shares will be subject to a two-year holding period after the vesting date and will be released on 2 December 2026.

The Awards are subject to malus (withholding) and recovery (clawback).

 
 Executive Directors    Maximum number of ordinary shares 
                         of 1(4/77) pence each in Sage that 
                         may be acquired on vesting of the 
                         Awards 
 Steve Hare                           258,169 
                       ------------------------------------ 
 Jonathan Howell                      141,690 
                       ------------------------------------ 
 

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                                          Steve Hare 
      --------------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------- 
 a)    Position/status                               Chief Executive 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                     Grant of share awards under The Sage 
                                                      Group plc 2015 Performance Share Plan 
      --------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                     -----------------  ----------------------- 
                                                      Price              Volume 
                                                     -----------------  ----------------------- 
    nil                                                                  258,169 
   -------------------------------------------------------------------  ----------------------- 
 
 d)    Aggregated information                        N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                       4 February 2022 
      --------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                      Outside a trading venue 
      --------------------------------------------  --------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                          Jonathan Howell 
      --------------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------- 
 a)    Position/status                               Chief Financial 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                     Grant of share awards under The Sage 
                                                      Group plc 2015 Performance Share Plan 
      --------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                     -----------------  ----------------------- 
                                                      Price              Volume 
                                                     -----------------  ----------------------- 
    nil                                                                  141,690 
   -------------------------------------------------------------------  ----------------------- 
 
 d)    Aggregated information                        N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                       4 February 2022 
      --------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                      Outside a trading venue 
      --------------------------------------------  --------------------------------------------- 
 
 
 Name of contact:                Mohor Roy 
 Telephone number of contact:    + 44(0) 203 810 7200 
                                --------------------- 
 

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