REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

07/02/2022 17:20

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RNS Number : 9422A  Sage Group PLC  07 February 2022

DIRECTOR/ PDMR SHAREHOLDING

 

7 February 2022

 

 

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 4 February 2022 the persons named below, who are Executive Directors of
Sage, were granted awards over ordinary shares of 1(4/77 )pence each in Sage
under The Sage Group plc 2015 Performance Share Plan as shown below (the
"Awards"). The maximum number of shares that may be acquired on the vesting of
the Awards is specified opposite each Executive Director's name below.

 

No price is payable either on the grant or vesting of the Awards.

 

The Awards will vest on 2 December 2024, subject to continued employment and
the achievement of the performance conditions. The vested shares will be
subject to a two-year holding period after the vesting date and will be
released on 2 December 2026.

 

The Awards are subject to malus (withholding) and recovery (clawback).

 

 

 Executive Directors  Maximum number of ordinary shares of 1(4/77 )pence each in Sage that may be
                      acquired on vesting of the Awards
 Steve Hare           258,169
 Jonathan Howell      141,690

 

 

ANNEX

 

Templates for notification 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                                                         Steve Hare

 2    Reason for the notification

 a)   Position/status                                              Chief Executive 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                                    Grant of share awards under The Sage Group plc 2015 Performance Share Plan

 c)   Price(s) and volume(s)

                                                                                        Price                Volume
                                                                                        nil                  258,169

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      4 February 2022

 f)   Place of the transaction                                     Outside a trading venue

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jonathan Howell

 2    Reason for the notification

 a)   Position/status                                              Chief Financial 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                                    Grant of share awards under The Sage Group plc 2015 Performance Share Plan

 c)   Price(s) and volume(s)

                                                                                        Price                Volume
                                                                                        nil                  141,690

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      4 February 2022

 f)   Place of the transaction                                     Outside a trading venue

 

 

 

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

 

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