REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

04/12/2020 18:25

RNS Number : 6714H
  
Sage Group PLC
  
04 December 2020
  
 

DIRECTOR/PDMR SHAREHOLDING
 
4 December 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 ("PDMR"), has exercised options over a total number of 699,784 ordinary shares of 14/77 pence each in Sage under The Sage Group plc 2017 Share Option Plan on 3 December 2020 at option prices as set out below. The options were originally granted as set out below subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant shareholding after the exercise of options for Robert Reid is 922,866 ordinary shares of 14/77 pence in Sage.
 
 



Grant Date


Number of ordinary shares of 14/77 pence each acquired


Option price in pence




12 October 2011


323,195


22




29 July 2014


344,522


85




11 September 2015


32,067


116



 
 




 
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 under The Sage Group plc 2017 Share Option Plan




c) 
 


Price(s) and volume(s) 




























Price(s)


Volume(s)
















22p


323,195
















85p


344,522
















116p


32,067






























d) 
 


Aggregated information 


N/A - single transaction














- Aggregated volume


















- Price


















e) 
 


Date of the transactions 


3 December 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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  END
 
 
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