TIDMSGE

RNS Number : 2199W

Sage Group PLC

08 December 2023

DIRECTOR/PDMR SHAREHOLDING

8 December 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 The Sage 2016 Deferred Share Bonus Plan ("DSBP 2016") award, on 2 December 2023 the undernoted PDMR became beneficially entitled to the number of ordinary shares of 1(4/77) pence each in Sage ("Shares") noted below.

On 6 December 2023, Sage was notified that the PDMR sold a 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 PDMR is also included.

 
 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    7,290              1,759              GBP11.4272   381,034 
                -----------  -----------------  -----------------  -----------  -------------------- 
 
 
 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 2016 Deferred Share Bonus 
                                                       Plan , granted on 2 December 2020 
      ---------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                      -------------------  ------------------ 
                                                       Price                Volume 
                                                      -------------------  ------------------ 
    Nil                                                                     7,290 
   ----------------------------------------------------------------------  ------------------ 
 
 d)    Aggregated information                         N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                        2 December 2023 
      ---------------------------------------------  ------------------------------------------ 
 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 2020 
      ----------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                 ------------------------  ------------- 
                                                  Price                     Volume 
                                                 ------------------------  ------------- 
    GBP11.4272                                                              1,759 
   ----------------------------------------------------------------------  ------------- 
 
 d)    Aggregated information                    N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                   6 December 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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