TIDMSGE

RNS Number : 0854A

Sage Group PLC

19 May 2023

DIRECTOR/PDMR SHAREHOLDING

19 May 2023

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 Group plc 2019 Restricted Share Plan ("RSP 2019"), on 18 May 2023 the undernoted PDMRs became entitled to the number of ordinary shares of 1(4/77) pence each in Sage ("Shares") noted below.

On 19 May 2023, Sage was notified that the PDMRs sold a number of Shares in respect of which they had become entitled at the price noted below, to cover the tax obligations arising on the vesting of the awards. The resultant aggregate total shareholding of the PDMRs 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 
 Aziz Benmalek      RSP 2019    28,743             8,698              GBP8.439354   56,212 
                   ----------  -----------------  -----------------  ------------  -------------------- 
 Walid Abu-Hadba    RSP 2019    57,480             17,394             GBP8.439354   152,599 
                   ----------  -----------------  -----------------  ------------  -------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                           Aziz Benmalek 
      ---------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                President - North America 
      ---------------------------------------------  ------------------------------------------ 
 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 plc 2019 Restricted 
                                                       Share Plan, granted on 18 May 2021 
      ---------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                      -------------------  ------------------ 
                                                       Price                Volume 
                                                      -------------------  ------------------ 
    Nil                                                                     28,743 
   ----------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        18 May 2023 
      ---------------------------------------------  ------------------------------------------ 
 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 
      ---------------------------------------  ------------------------------------------ 
 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 
                                                ------------------------  ------------- 
    GBP8.439354                                                            8,698 
   ---------------------------------------------------------------------  ------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  18 May 2023 
      ---------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                           Walid Abu-Hadba 
      ---------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                Chief Product 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 plc 2019 Restricted 
                                                       Share Plan, granted on 18 May 2021 
      ---------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                      -------------------  ------------------ 
                                                       Price                Volume 
                                                      -------------------  ------------------ 
    Nil                                                                     57,480 
   ----------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        18 May 2023 
      ---------------------------------------------  ------------------------------------------ 
 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 
                                                ------------------------  ------------- 
    GBP8.439354                                                            17,394 
   ---------------------------------------------------------------------  ------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  18 May 2023 
      ---------------------------------------  ------------------------------------------ 
 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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