REG - Sage Group PLC - Director/PDMR Shareholding
DIRECTOR/PDMR SHAREHOLDING
8 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 plc 2015 Performance Share Plan awards (the "Awards") on 7 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 7 December 2020, Sage was notified that each individual 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.
PDMRs
Number of ordinary shares acquired
Number of ordinary shares sold to cover tax obligations
Sale price in pence
Resultant shareholding
Derk Bleeker
7,150
3,368
575
65,855
Amanda Cusdin
8,118
3,824
575
52,714
Keith Robinson
13,970
6,580
575
7,390
Vicki Bradin
13,918
6,555
575
31,284
Sue Goble
14,737
6,941
575
57,295
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
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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
7,150
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
575p
3,368
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
8,118
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
575p
3,824
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
13,970
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
575p
6,580
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
13,918
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
575p
6,555
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
14,737
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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 plc 2015 Performance Share Plan
c)
Price(s) and volume(s)
Price
Volume
575p
6,941
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
7 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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