REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

21/05/2020 17:30

RNS Number : 6806N
  
Sage Group PLC
  
21 May 2020
  
 

DIRECTOR/ PDMR SHAREHOLDING
 
21 May 2020 
 
 
The Sage Group plc. ("Sage")
 
 
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 21 May 2020 the persons named below, who are Persons Discharging Managerial Responsibilities (PDMR) of Sage, were granted awards over ordinary shares of 14/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan (PSP) as shown below (the "Awards"). The maximum number of shares that may be acquired on the vesting of the Awards is specified opposite each participant's name below. No price is payable either on the grant or vesting of the Awards. The Awards will vest, subject to continued employment and performance conditions on 2 December 2022. The Awards are subject to malus (withholding) and recovery (clawback).
 
 



PDMR 


Maximum number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards




Keith Robinson


9,738




Lee Perkins


15,253



 
 
 




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 
 
 


Keith Robinson
 
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Chief Strategy 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


9,738






























d) 
 


Aggregated information 


N/A - single transaction














- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 
 


21 May 2020




f) 
 


Place of the transaction 
 
 


Outside a trading venue



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name 
 
 


Lee Perkins
 
 




2 
 


Reason for the notification 
 




a) 
 


Position/status 
 
 


Chief Commercial and 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 
 
 


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




c) 
 


Price(s) and volume(s) 




























Price


Volume
















nil


15,253






























d) 
 


Aggregated information 


N/A - single transaction














- Aggregated volume


















- Price


















e) 
 


Date of the transaction 
 
 


21 May 2020




f) 
 


Place of the transaction 
 
 


Outside a trading venue



 
 


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