TIDMSGE

RNS Number : 1739M

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.

Upon the vesting of The Sage Group plc 2019 Restricted Share Plan ("RSP 2019") awards on 18 May 2022, t he undernoted PDMRs, who are members of the Executive Leadership Team of Sage, became beneficially entitled to the number of ordinary shares of 1(4/77) pence each in Sage ("Shares") noted below. The Shares have been transferred from Treasury. The RSP 2019 awards were granted on 18 May 2021.

On 19 May 2022, Sage was notified that each PDMR disposed of the number of Shares in respect of which they had become beneficially entitled at the price noted below, to cover tax obligations arising from the vesting. The resultant total shareholding of the PDMRs is also included.

 
 PDMR               Award       Number of          Number of          Sale price    Resultant 
                                 ordinary           ordinary           per share     total shareholding 
                                 shares acquired    shares sold 
                                                    to cover 
                                                    tax obligations 
 Aziz Benmalek      RSP 2019    28,025             7,526              GBP6.623491   20,499 
                   ----------  -----------------  -----------------  ------------  -------------------- 
 Walid Abu-Hadba    RSP 2019    56,055             14,604             GBP6.623491   41,451 
                   ----------  -----------------  -----------------  ------------  -------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                           Aziz Benmalek 
      ---------------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                President - North America (interim) 
                                                       and EVP Partners & Alliances 
      ---------------------------------------------  ------------------------------------------ 
 b)    Initial notification                           Initial notification 
        /Amendment 
      ---------------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------- 
 a)    Name                                           The Sage Group plc. 
      ---------------------------------------------  ------------------------------------------ 
 b)    LEI                                            2138005RN5XYLTF8G138 
      ---------------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                      Vesting of ordinary shares under 
                                                       The Sage Group plc 2019 Restricted 
                                                       Share Plan, granted on 18 May 2021 
      ---------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                      -------------------  ------------------ 
                                                       Price                Volume 
                                                      -------------------  ------------------ 
    Nil                                                                     28,025 
   ----------------------------------------------------------------------  ------------------ 
 
 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 
      ---------------------------------------------  ------------------------------------------ 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Aziz Benmalek 
      ---------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                          President - North America (interim) 
                                                 and EVP Partners & Alliances 
      ---------------------------------------  ------------------------------------------ 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------- 
 a)    Name                                     The Sage Group plc. 
      ---------------------------------------  ------------------------------------------ 
 b)    LEI                                      2138005RN5XYLTF8G138 
      ---------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                Sale of ordinary shares to cover 
                                                 tax obligations arising from the 
                                                 vesting of ordinary shares under 
                                                 The Sage Group plc 2019 Restricted 
                                                 Share Plan, granted on 18 May 2021 
      ---------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ------------------------  ------------- 
                                                 Price                     Volume 
                                                ------------------------  ------------- 
    GBP6.623491                                                            7,526 
   ---------------------------------------------------------------------  ------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  18 May 2022 
      ---------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ------------------------------------------ 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                           Walid Abu-Hadba 
      ---------------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                Chief Product Officer 
      ---------------------------------------------  ------------------------------------------ 
 b)    Initial notification                           Initial notification 
        /Amendment 
      ---------------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------- 
 a)    Name                                           The Sage Group plc. 
      ---------------------------------------------  ------------------------------------------ 
 b)    LEI                                            2138005RN5XYLTF8G138 
      ---------------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                      Vesting of ordinary shares under 
                                                       The Sage Group plc 2019 Restricted 
                                                       Share Plan, granted on 18 May 2021 
      ---------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                      -------------------  ------------------ 
                                                       Price                Volume 
                                                      -------------------  ------------------ 
    Nil                                                                     56,055 
   ----------------------------------------------------------------------  ------------------ 
 
 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 
      ---------------------------------------------  ------------------------------------------ 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Walid Abu-Hadba 
      ---------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Product Officer 
      ---------------------------------------  ------------------------------------------ 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------- 
 a)    Name                                     The Sage Group plc. 
      ---------------------------------------  ------------------------------------------ 
 b)    LEI                                      2138005RN5XYLTF8G138 
      ---------------------------------------  ------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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                Sale of ordinary shares to cover 
                                                 tax obligations arising from the 
                                                 vesting of ordinary shares under 
                                                 The Sage Group plc 2019 Restricted 
                                                 Share Plan, granted on 18 May 2021 
      ---------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ------------------------  ------------- 
                                                 Price                     Volume 
                                                ------------------------  ------------- 
    GBP6.623491                                                            14,604 
   ---------------------------------------------------------------------  ------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  18 May 2022 
      ---------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ------------------------------------------ 
 
 
 Name of contact:                Mohor Roy, Deputy Company Secretary 
 Telephone number of contact:    + 44(0) 203 810 7200 
                                ------------------------------------ 
 

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