REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

05/12/2018 16:05

RNS Number : 5793J
Sage Group PLC
05 December 2018
 


DIRECTOR/PDMR SHAREHOLDING
 
5 December 2018
 
The Sage Group plc. (the "Company")
 
Notification of Transactions of Persons Discharging Managerial Responsibilities
 
This notification relates to transactions notified in accordance with article 19 of the Market Abuse Regulation.
 
On 4 December 2018 the persons named below, who are members of the Executive Committee of The Sage Group plc., were granted awards over ordinary shares of 14/77 pence each in The Sage Group plc. under each of The Sage Group Restricted Share Plan (RSP), The Sage Group plc 2015 Performance Share Plan (PSP) and The Sage Group plc 2017 Share Option Plan (SOP). The maximum number of shares that may be acquired on the vesting of the award is specified opposite each participant's name below. No price is payable either on the grant or vesting of an RSP or a PSP award. An exercise price of £5.79 per share is payable in respect of the SOP awards.  Awards will normally vest, subject to continued employment and performance conditions (where applicable) according to the schedule below. Awards are subject to malus and clawback.
 
Awards will vest according to the following schedule:
 
RSP awards will vest 50% on the first anniversary of the grant date, 50% on the second anniversary of the grant date, with the exception of Amanda Cusdin's award over 36,269 shares which will vest 50% on 13 September 2019 and 50% on 13 September 2020.
 
PSP awards will vest 100% on the third anniversary of the grant date.
 
SOP awards will vest 50% on the first anniversary of the grant date, 50% on the second anniversary of the grant date. The lapse date of the SOP awards is 10 years from the grant date (which will be 4 December 2028).
 
 



Executive Committee Member


Maximum number of ordinary shares of 14/77 pence each in The Sage Group plc. that may be acquired on vesting of award




RSP


PSP


SOP


Total




Sanjay Almeida


36,648


92,638


85,511


214,797




Vicki Bradin


24,870


68,393


58,031


151,294




Amanda Cusdin


31,088
36,269


77,720


72,538


217,615




Ron McMurtrie


35,833


89,584


83,611


209,028




Klaus-Michael Vogelberg


28,497


74,093


66,493


169,083



 
 
 
 
 
ANNEX
 
Templates for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 
 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 


 Sanjay Almeida




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Product Delivery 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
 
 


Grant of share award under The Sage Group Restricted Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


36,648






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 


 Sanjay Almeida




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Product Delivery 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
 
 


Grant of share award under The Sage Group plc 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


92,638






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 


 Sanjay Almeida




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Product Delivery 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
 
 


Grant of share option under The Sage Group plc 2017 Share Option Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


85,511






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Vicki Bradin
 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


General Counsel and Company Secretary
 




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
 
 


Grant of share award under The Sage Group Restricted Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


24,870






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Vicki Bradin
 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


General Counsel and Company Secretary
 




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
 
 


Grant of share award under The Sage Group plc 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


68,393






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Vicki Bradin
 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


General Counsel and Company Secretary
 




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
 
 


Grant of share option under The Sage Group plc 2017 Share Option Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


58,031






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Amanda Cusdin
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief People 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
 
 


Grant of share award under The Sage Group Restricted Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


31,088
















nil


36,269






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Amanda Cusdin
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief People 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
 
 


Grant of share award under The Sage Group plc 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


77,720






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Amanda Cusdin
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief People 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
 
 


Grant of share option under The Sage Group plc 2017 Share Option Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


72,538






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Ron McMurtrie




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Marketing 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
 
 


Grant of share award under The Sage Group Restricted Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


35,833






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Ron McMurtrie




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Marketing 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
 
 


Grant of share award under The Sage Group plc 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


89,584






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Ron McMurtrie




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Marketing 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
 
 


Grant of share option under The Sage Group plc 2017 Share Option Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


83,611






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Klaus-Michael Vogelberg
 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Technology 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
 
 


Grant of share award under The Sage Group Restricted Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


28,497






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Klaus-Michael Vogelberg
 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Technology 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
 
 


Grant of share award under The Sage Group plc 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


74,093






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name
 
 


Klaus-Michael Vogelberg
 
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Chief Technology 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
 
 


Grant of share option under The Sage Group plc 2017 Share Option Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















nil


66,493






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transaction
 
 


4 December 2018




f)
 


Place of the transaction
 
 


Outside a trading venue



 




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END
 
 
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