REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

05/03/2019 14:50

RNS Number : 9234R
Sage Group PLC
05 March 2019
 


DIRECTOR/PDMR SHAREHOLDING
 
5 March 2019
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 the vesting of share plan awards on 2 March 2019, the following persons named below, who are Directors and/or Persons Discharging Managerial Responsibilities of The Sage Group plc., became beneficially entitled to the number of ordinary shares of 14/77 pence each in the Company set out below, all of which have been transferred from shares held in Treasury. On 4 March 2019 the Company was notified that they each disposed of the number of ordinary shares of 14/77 pence each set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below, to cover tax obligations arising from the vesting:
 



Executive Committee Member


Award Plan


Number of Ordinary Shares Acquired


Aggregate Number of Ordinary Shares Disposed


Average price in pence


Resultant Total Shareholding




Victoria Bradin


The Sage Group plc. 2015 Performance Share Plan


3,384


1,594


667.7290


2,526




Klaus-Michael Vogelberg


The Sage Group plc. 2015 Performance Share Plan


31,346


14,763


667.7290


364,957




Steve Hare


The Sage Group plc. 2015 Performance Share Plan


64,626


30,436


667.7290


314,982




Amanda Cusdin


The Sage Group plc. 2015 Performance Share Plan


4,474


2,107


667.7290


7,738




Blair Crump


The Sage Group plc. 2015 Performance Share Plan


30,024


11,026


667.7290


33,998







ANNEX
 
Notifications 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


Victoria 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
 


Vesting of shares under The Sage Group plc. 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















0.00


3,384






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


2 March 2019




f)
 


Place of the transactions
 


Outside a trading venue



 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Victoria 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
 


Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















667.7290p


1,594






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


4 March 2019




f)
 


Place of the transactions
 


London Stock Exchange



 
 



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
 


Vesting of shares under The Sage Group plc. 2015 Performance Share Plan.




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















0.00


31,346






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


2 March 2019




f)
 


Place of the transactions
 


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
 


Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















667.7290p


14,763






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


4 March 2019




f)
 


Place of the transactions
 


London Stock Exchange



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Steve Hare




2
 


Reason for the notification
 




a)
 


Position/status


Chief Executive 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
 


Vesting of shares under The Sage Group plc. 2015 Performance Share Plan.




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















0.00


64,626






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


2 March 2019




f)
 


Place of the transactions
 


Outside a trading venue



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Steve Hare




2
 


Reason for the notification
 




a)
 


Position/status


Chief Executive 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
 


Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















667.7290p


30,436






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


4 March 2019




f)
 


Place of the transactions
 


London Stock Exchange



 
 
 
 
 



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
 


Vesting of shares under The Sage Group plc. 2015 Performance Share Plan.




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















0.00


4,474






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


2 March 2019




f)
 


Place of the transactions
 


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
 


Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















667.7290p


2,107






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


4 March 2019




f)
 


Place of the transactions
 


London Stock Exchange



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Blair Crump




2
 


Reason for the notification
 




a)
 


Position/status


President




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
 


Vesting of shares under The Sage Group plc. 2015 Performance Share Plan.




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















0.00


30,024






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


2 March 2019




f)
 


Place of the transactions
 


Outside a trading venue



 
 



1
 


Details of the person discharging managerial responsibilities / person closely associated
 




a)
 


Name


Blair Crump




2
 


Reason for the notification
 




a)
 


Position/status


President




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
 


Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc. 2015 Performance Share Plan




c)
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















667.7290p


11,026






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


4 March 2019




f)
 


Place of the transactions
 


London Stock Exchange



 




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.
 
END
 
 
DSHJAMITMBIMBIL