REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

10/12/2019 15:45

RNS Number : 4136W
Sage Group PLC
10 December 2019
 


DIRECTOR/PDMR SHAREHOLDING
 
10 December 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 The Sage 2016 Deferred Share Bonus Plan awards on 7 December 2019, the following persons named below, who are Directors and/or Members of the Executive Committee of the Company (PDMRs), 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 trust by Intertrust Employee Benefit Trustee Limited as trustee of The Sage Group plc. Employee Benefit Trust. On 9 December 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.
 



PDMRs


Award Plan


Number of Ordinary Shares Acquired


Number of Ordinary Shares Disposed


Average price in pence


Resultant Total Shareholding




Blair Crump


The Sage 2016 Deferred Share Bonus Plan


8,902


2,797


724.107


42,067




Vicki Bradin


The Sage 2016 Deferred Share Bonus Plan


2,572


1,212


724.107


10,640




Steve Hare


The Sage 2016 Deferred Share Bonus Plan


5,759


2,713


724.107


334,252




Klaus-Michael Vogelberg


The Sage 2016 Deferred Share Bonus Plan


3,146


1,482


724.107


374,346







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


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 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















0.00


8,902






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


7 December 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 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















724.107p


2,797






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


9 December 2019




f)
 


Place of the transactions


London Stock Exchange



 



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
 


Vesting of shares under The Sage 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















0.00


2,572






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


7 December 2019




f)
 


Place of the transactions
 


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
 


Sale of shares to cover tax obligations arising from the vesting of shares under The Sage 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















724.107p


1,212






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


9 December 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 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















0.00


5,759






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


7 December 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 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















724.107p


2,713






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


9 December 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 Architect and Technology Advisor




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 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















0.00


3,146






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


7 December 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 Architect and Technology Advisor




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 2016 Deferred Share Bonus Plan




c)
 


Price(s) and volume(s)




























Price


Volume
















724.107p


1,482






























d)
 


Aggregated information


N/A - single transaction














- Aggregated volume


















- Price


















e)
 


Date of the transactions


9 December 2019




f)
 


Place of the transactions


London Stock Exchange



 
 



Name of contact:


Mohor Roy




Telephone number of contact:


+44(0) 191 294 3457



 
 




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