Picture of Sage logo

SGE Sage News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyConservativeLarge CapHigh Flyer

REG - Sage Group PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220519:nRSS1715Ma&default-theme=true

RNS Number : 1715M  Sage Group PLC  19 May 2022

DIRECTOR/ PDMR SHAREHOLDING

 

19 May 2022

 

 

The Sage Group plc. ("Sage")

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs") and Persons Closely Associated with them

 

This notification relates to transactions notified in accordance with Article
19 of the UK Market Abuse Regulation.

 

On 18 May 2022, the PDMRs noted below, who are members of the Executive
Leadership Team 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 ("PSP") and The Sage Group plc 2019 Restricted Share Plan ("RSP 2019"),
together the ("Awards").

 

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

 

The PSP awards will vest on 2 December 2024. The RSP 2019 award will vest on
18 May 2025. All Awards are subject to continued employment, vesting
conditions and Malus and Clawback.

 

 

 PDMRs            Number of ordinary shares of 1(4/77 )pence each in Sage that may be acquired
                  on vesting of the Awards
                  PSP                         RSP 2019                    Total
 Aaron Harris     -                           53,486                      53,486
 Amy Lawson       19,876                      -                           19,876
 Derk Bleeker     20,252                      -                           20,252
 Walid Abu-Hadba  60,097                      -                           60,097

 

 

 

 

 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                                    Grant of share awards under The Sage Group plc 2019 Restricted Share Plan

 c)   Price(s) and volume(s)

                                                                                        Price                Volume
                                                                                        Nil                  53,486

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2022

 f)   Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Amy Lawson

 2    Reason for the notification

 a)   Position/status                                              Chief Corporate Affairs 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                  19,876

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2022

 f)   Place of the transaction                                     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                                              President - EMEA

 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                  20,252

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2022

 f)   Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Walid Abu-Hadba

 2    Reason for the notification

 a)   Position/status                                              Chief Product 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                  60,097

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2022

 f)   Place of the transaction                                     Outside a trading venue

 

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHALMFTMTBBBLT

Recent news on Sage

See all news