REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

14/08/2020 17:25

RNS Number : 2445W
  
Sage Group PLC
  
14 August 2020
  
 

DIRECTOR/PDMR SHAREHOLDING
 
14 August 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.
 
Sage announces that Robert Reid, who is a member of the Executive Committee of Sage, has exercised options over 90,000  ordinary shares of 14/77 pence each in Sage at an option price of 22 pence per share under The Sage Group plc 2017 Share Option Plan on 13 August 2020. The options were originally granted on 12 October 2011 subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant total shareholding of Robert Reid is 343,082 ordinary shares of 14/77 pence in Sage. 
 
 
 
 
 




 
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


Robert Reid




2 
 


Reason for the notification 
 




a) 
 


Position/status 


Chairman, Mid-Market Solutions




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 
 


Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Group plc 2017 Share Option Plan




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















22p


90,000






























d) 
 


Aggregated information 


N/A - single transaction














- Aggregated volume


















- Price


















e) 
 


Date of the transactions 


13 August 2020




f) 
 


Place of the transactions 
 


London Stock Exchange



 
 
 
 



Name of contact:


Mohor Roy




Telephone number of contact:


+44(0) 203 810 7200



 
 
 
 


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