TIDMSGE

RNS Number : 8639J

Sage Group PLC

15 December 2022

DIRECTOR/PDMR SHAREHOLDING

15 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 an award granted under The Sage Group Restricted Share Plan ("RSP"), on 13 December 2022 the undernoted PDMR became entitled to the number of ordinary shares of 1(4/77) pence each in Sage ("Shares") noted below.

On 14 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 award. 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    RSP      45,252             17,843             GBP7.863612   418,870 
                -------  -----------------  -----------------  ------------  -------------------- 
 
 
 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                      Vesting of ordinary shares under 
                                                       The Sage Group Restricted Share Plan, 
                                                       granted on 13 September 2018 
      ---------------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                      --------------------  -------------------- 
                                                       Price                 Volume 
                                                      --------------------  -------------------- 
    Nil                                                                      45,252 
   -----------------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        13 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 Restricted Share Plan, 
                                                 granted on 13 September 2018 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------------  -------------- 
                                                 Price                       Volume 
                                                --------------------------  -------------- 
    GBP7.863612                                                              17,843 
   -----------------------------------------------------------------------  -------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  13 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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