REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

14/12/2021 16:30

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RNS Number : 6415V  Sage Group PLC  14 December 2021

DIRECTOR/PDMR SHAREHOLDING

 

14 December 2021

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 UK Market Abuse Regulation.

On the vesting of The Sage Group Restricted Share Plan ("RSP") awards on 13
December 2021, Aaron Harris, member of the Executive Committee of Sage, became
beneficially entitled to 44,180 ordinary shares of 1(4/77) pence each in Sage,
all of which have been transferred from shares held in Treasury. The RSP
awards were granted on 13 September 2018.

On 14 December 2021, Sage was notified that Aaron Harris disposed 10,780
ordinary shares of 1(4/77) pence each in Sage in respect of which he had
become beneficially entitled, at a price of 827.5079p per ordinary share, to
cover tax obligations arising from the vesting.

The resultant total shareholding after this transaction for Aaron Harris is
330,363 ordinary shares of 1(4/77) pence each 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                                                         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                44,180

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 December 2021

 f)   Place of the transaction                                     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
                                                                                         827.5079p             10,780

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      13 December 2021

 f)   Place of the transaction                                     London Stock Exchange

 

 

 

 Name of contact:              Mohor Roy
 Telephone number of contact:  + 44(0) 203 810 7200

 

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