TIDMSGE

RNS Number : 8326M

Sage Group PLC

25 May 2022

DIRECTOR/ PDMR SHAREHOLDING

25 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 24 May 2022, Aziz Benmalek, PDMR and member of the Executive Leadership Team of Sage, was granted awards over ordinary shares of 1(4/77) pence each in Sage under The Sage Group plc 2015 Performance Share Plan ("PSP").

No price is payable by the PDMR on either the grant or vesting of the PSP award.

The PSP award will vest on 2 December 2024, subject to continued employment and the achievement of the performance conditions. The PSP award is subject to Malus and Clawback.

 
      PDMR        Number of ordinary shares of 1(4/77) 
                   pence each in Sage that may be acquired 
                   on vesting of the PSP award 
 Aziz Benmalek                     78,126 
                 ----------------------------------------- 
 
 
       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 
      ---------------------------------------------  --------------------------------------------- 
 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                      Grant of share awards under The Sage 
                                                       Group plc 2015 Performance Share Plan 
      ---------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                      --------------------  -------------------- 
                                                       Price                 Volume 
                                                      --------------------  -------------------- 
    Nil                                                                      78,126 
   -----------------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        24 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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END

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