REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

25/05/2022 17:30

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RNS Number : 8326M  Sage Group PLC  25 May 2022

DIRECTOR/ PDMR SHAREHOLDING

 

25 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 24 May 2022, Aziz Benmalek, PDMR and member of the Executive Leadership
Team of Sage, was granted awards over ordinary shares of 1(4/77 )pence each
in Sage under The Sage Group plc 2015 Performance Share Plan ("PSP").

 

No price is payable by the PDMR on either the grant or vesting of the PSP
award.

 

The PSP award will vest on 2 December 2024, subject to continued employment
and the achievement of the performance conditions. The PSP award is subject to
Malus and Clawback.

 

 

 PDMR           Number of ordinary shares of 1(4/77 )pence each in Sage that may be acquired

              on vesting of the PSP award

 Aziz Benmalek  78,126

 

 

 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

 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                  78,126

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      24 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

 

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