REG - Sage Group PLC - Director/PDMR Shareholding
19/05/2022 17:45
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RNS Number : 1739M 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.
Upon the vesting of The Sage Group plc 2019 Restricted Share Plan ("RSP 2019")
awards on 18 May 2022, the undernoted PDMRs, who are members of the Executive
Leadership Team of Sage, became beneficially entitled to the number of
ordinary shares of 1(4/77) pence each in Sage ("Shares") noted below. The
Shares have been transferred from Treasury. The RSP 2019 awards were granted
on 18 May 2021.
On 19 May 2022, Sage was notified that each PDMR disposed of the number of
Shares in respect of which they had become beneficially entitled at the price
noted below, to cover tax obligations arising from the vesting. The resultant
total shareholding of the PDMRs is also included.
PDMR Award Number of ordinary shares acquired Number of ordinary shares sold to cover tax obligations Sale price per share Resultant total shareholding
Aziz Benmalek RSP 2019 28,025 7,526 £6.623491 20,499
Walid Abu-Hadba RSP 2019 56,055 14,604 £6.623491 41,451
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Aziz Benmalek
2 Reason for the notification
a) Position/status President - North America (interim) and EVP Partners & Alliances
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, granted on 18 May 2021
c) Price(s) and volume(s)
Price Volume
Nil 28,025
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 Aziz Benmalek
2 Reason for the notification
a) Position/status President - North America (interim) and EVP Partners & Alliances
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, granted
on 18 May 2021
c) Price(s) and volume(s)
Price Volume
£6.623491 7,526
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 18 May 2022
f) Place of the transaction London Stock Exchange
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 Vesting of ordinary shares under The Sage Group plc 2019 Restricted Share
Plan, granted on 18 May 2021
c) Price(s) and volume(s)
Price Volume
Nil 56,055
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 Sale of ordinary shares to cover tax obligations arising from the vesting of
ordinary shares under The Sage Group plc 2019 Restricted Share Plan, granted
on 18 May 2021
c) Price(s) and volume(s)
Price Volume
£6.623491 14,604
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 18 May 2022
f) Place of the transaction London Stock Exchange
Name of contact: Mohor Roy, Deputy Company Secretary
Telephone number of contact: + 44(0) 203 810 7200
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