RNS Number : 3332Q
Sage Group PLC
29 May 2024
 

 

 

DIRECTOR/PDMR SHAREHOLDING

29 May 2024

The Sage Group plc. ("Sage")

Notification of Transactions by Person Discharging Managerial Responsibilities (PDMR)

This notification relates to transactions notified in accordance with article 19 of the UK Market Abuse Regulation.

On 28 May 2024, Walid Abu-Hadba, Chief Product Officer and PDMR has notified Sage of the transfer of 119,328 ordinary shares of 14/77 pence in Sage ("Ordinary Shares") each from his Employee Share Account to his broker account. The transferred Ordinary Shares in his broker account are held jointly with his Person Closely Associated, Hala Rashid. 

 

On 28 May 2024, Walid Abu-Hadba, Chief Product Officer and PDMR also purchased 2,000 Ordinary Shares at a price of £11.1528 per Ordinary Share.  The purchases were made in US dollars with the price per Ordinary Share given in this announcement in GBP as converted at the exchange rate at close on the date of purchase.

 

The resultant shareholding for Walid Abu-Hadba is 227,911 Ordinary Shares of 14/77 pence each in Sage.

 

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 /Amendment

 

Initial notification

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 financial instrument, type of instrument

Ordinary Shares



Identification code

ISIN: GB00B8C3BL03



b)

 

Nature of the transaction

 

Transfer of shares from Employee Share Account to broker account, held jointly with Person Closely Associated

c)

 

Price(s) and volume(s)







Price

Volume




Nil

119,328







d)

 

Aggregated information


- Aggregated volume


- Price



e)

 

Date of the transaction

27 May 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

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 /Amendment

 

Initial notification

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 financial instrument, type of instrument

Ordinary Shares



Identification code

ISIN: GB00B8C3BL03



b)

 

Nature of the transaction

 

Ordinary Share purchase

c)

 

Price(s) and volume(s)







Price

Volume




£11.1528

2,000







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

28 May 2024

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 203 810 7200

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHALMATMTBTBII
Sage (LSE:SGE)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Sage Charts.
Sage (LSE:SGE)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Sage Charts.