REG - Sage Group PLC - Director/PDMR Shareholding
DIRECTOR/PDMR SHAREHOLDING
17 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 Group plc 2015 Performance Share Plan awards on 14 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 Treasury. On 16 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
Steve Hare
The Sage Group plc 2015 Performance Share Plan
33,061
15,570
744.8534
351,743
Vicki Bradin
The Sage Group plc 2015 Performance Share Plan
5,379
2,534
744.8534
13,485
Blair Crump
The Sage Group plc 2015 Performance Share Plan
31,169
9,792
744.8534
63,444
Klaus-Michael Vogelberg
The Sage Group plc 2015 Performance Share Plan
17,416
8,202
744.8534
383,560
Derk Bleeker
The Sage Group plc 2015 Performance Share Plan
2,891
1,362
744.8534
37,693
Amanda Cusdin
The Sage Group plc 2015 Performance Share Plan
3,544
1,670
744.8534
28,385
Sue Goble
The Sage Group plc 2015 Performance Share Plan
5,849
2,755
744.8534
26,161
Ron McMurtrie
The Sage Group plc 2015 Performance Share Plan
6,437
1,942
744.8534
19,282
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
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
Volume
0.00
33,061
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 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 Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
744.8534p
15,570
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 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 Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
5,379
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 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 Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
744.8534p
2,534
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 December 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
Volume
0.00
31,169
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 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 Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
744.8534p
9,792
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 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 Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
17,416
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 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 Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
744.8534p
8,202
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Derk Bleeker
2
Reason for the notification
a)
Position/status
Chief Corporate Development 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
Volume
0.00
2,891
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Derk Bleeker
2
Reason for the notification
a)
Position/status
Chief Corporate Development 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
Volume
744.8534p
1,362
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 December 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
Volume
0.00
3,544
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 December 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
Volume
744.8534p
1,670
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sue Goble
2
Reason for the notification
a)
Position/status
Chief Customer Success 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
Volume
0.00
5,849
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sue Goble
2
Reason for the notification
a)
Position/status
Chief Customer Success 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
Volume
744.8534p
2,755
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 December 2019
f)
Place of the transactions
London Stock Exchange
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 and Business Enablement 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
Volume
0.00
6,437
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
14 December 2019
f)
Place of the transactions
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 and Business Enablement 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
Volume
744.8534p
1,942
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
16 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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