TIDMSGE

RNS Number : 9773I

Sage Group PLC

07 December 2022

DIRECTOR/PDMR SHAREHOLDING

7 December 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 awards granted under The Sage 2016 Deferred Share Bonus Plan ("DSBP 2016") and The Sage Group plc 2019 Restricted Share Plan ("RSP 2019") on 2 December 2022 and 4 December 2022, respectively, the undernoted PDMR became entitled to the number of ordinary shares of 1(4/77) pence each in Sage ("Shares") noted below.

On 6 and 7 December 2022, Sage was notified that the PDMR sold a number of Shares in respect of which they had become entitled at the price noted below, to cover the income tax and social security obligations arising on the vesting of the awards. The resultant aggregate total shareholding of the PDMR is also set out below.

 
 PDMR            Award        Number of          Number             Sale price    Resultant 
                               ordinary           of ordinary        per share     total shareholding 
                               shares acquired    shares sold 
                                                  to cover 
                                                  tax obligations 
 Aaron Harris    DSBP 2016    7,369              2,959              GBP7.875165   391,461 
                -----------  -----------------  -----------------  ------------  -------------------- 
 Aaron Harris    RSP 2019     25,140             9,913              GBP7.917303 
                -----------  -----------------  -----------------  ------------  -------------------- 
 
 
 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                           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                      Delivery of ordinary shares following 
                                                       vesting of an award under The Sage 
                                                       2016 Deferred Share Bonus Plan, granted 
                                                       on 2 December 2019 
      ---------------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                      ---------------------  --------------------- 
                                                       Price                  Volume 
                                                      ---------------------  --------------------- 
    Nil                                                                       7,369 
   ------------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        6 December 2022 
      ---------------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction                       Outside a trading venue 
      ---------------------------------------------  ----------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Aaron Harris 
      ---------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Technology 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 2016 Deferred Share Bonus 
                                                 Plan, granted on 2 December 2019 
      ---------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ------------------------  ------------- 
                                                 Price                     Volume 
                                                ------------------------  ------------- 
    GBP7.875165                                                            2,959 
   ---------------------------------------------------------------------  ------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  6 December 2022 
      ---------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ------------------------------------------ 
 
 
 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                           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                      Delivery of ordinary shares following 
                                                       vesting of an award under The Sage 
                                                       Group plc 2019 Restricted Share Plan, 
                                                       granted on 4 December 2018 
      ---------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                      --------------------  -------------------- 
                                                       Price                 Volume 
                                                      --------------------  -------------------- 
    Nil                                                                      25,140 
   -----------------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        5 December 2022 
      ---------------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                       Outside a trading venue 
      ---------------------------------------------  --------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                    Aaron Harris 
      --------------------------------------  ------------------------------------------ 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------- 
 a)    Position/status                         Chief Technology 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 4 December 
                                                2018 
      --------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                               --------------------------  ----------- 
                                                Price                       Volume 
                                               --------------------------  ----------- 
    GBP 7.917303                                                            9,913 
   ----------------------------------------------------------------------  ----------- 
 
 d)    Aggregated information                  N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                 5 December 2022 
      --------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                London Stock Exchange 
      --------------------------------------  ------------------------------------------ 
 
 
 Name of contact:                Mohor Roy 
 Telephone number of contact:    + 44(0) 203 810 7200 
                                --------------------- 
 

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