REG - Sage Group PLC - Director/PDMR Shareholding
DIRECTOR/PDMR SHAREHOLDING
7 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.
On the vesting of The Sage Group Restricted Share Plan and The Sage Group Plc 2019 Restricted Share Plan awards (the "Awards") on 4 December 2020, the following persons named below, who are Members of the Executive Committee of Sage ("PDMRs"), became beneficially entitled to the number of ordinary shares of 14/77 pence each in Sage set out below, all of which have been transferred from shares held in Treasury. On 4 December 2020 Sage was notified that each individual, except Keith Robinson, disposed of the number of ordinary shares of 14/77 pence each in Sage 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. Keith Robinson sold all ordinary shares of 14/77 pence each in Sage arising from this vesting at the price per ordinary share set out below.
PDMRs
Awards
Number of ordinary shares acquired
Number of ordinary shares sold to cover tax obligations
Sale price in pence
Resultant shareholding
Aaron Harris
The Sage Group Restricted Share Plan
23,844
6,766
576
240,116
Robert Reid
The Sage Group Plc 2019 Restricted Share Plan
21,744
7,535
576
937,075
Derk Bleeker
The Sage Group Restricted Share Plan
11,956
5,631
576
62,073
Amanda Cusdin
The Sage Group Restricted Share Plan
16,303
7,678
576
48,420
Vicki Bradin
The Sage Group Restricted Share Plan
13,042
6,143
576
23,921
Sue Goble
The Sage Group Restricted Share Plan
13,810
6,504
576
49,499
PDMRs
Awards
Number of ordinary shares acquired
Number of ordinary shares sold
Sale price in pence
Resultant shareholding
Keith Robinson
The Sage Group Restricted Share Plan
16,303
16,303
576
NIL
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
Aaron Harris
2
Reason for the notification
a)
Position/status
Chief Technology 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 ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
23,844
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Aaron Harris
2
Reason for the notification
a)
Position/status
Chief Technology 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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
6,766
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
f)
Place of the transactions
London Stock Exchange
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
Vesting of ordinary shares under The Sage Group Plc 2019 Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
21,744
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
f)
Place of the transactions
Outside a trading venue
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
Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Plc 2019 Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
7,535
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
11,956
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
5,631
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
16,303
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
7,678
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
13,042
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
6,143
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
13,810
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
6,504
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
f)
Place of the transactions
London Stock Exchange
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
Vesting of ordinary shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
16,303
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2020
f)
Place of the transactions
Outside a trading venue
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
Sale of all ordinary shares from the vesting under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
576p
16,303
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 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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