REG - Sage Group PLC - Director/PDMR Shareholding
06/12/2022 17:30
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221206:nRSF8156Ia&default-theme=true
RNS Number : 8156I Sage Group PLC 06 December 2022
DIRECTOR/ PDMR SHAREHOLDING
6 December 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 2 December 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 each of
· The Sage Group plc 2015 Performance Share Plan ("PSP");
· The Sage 2016 Deferred Share Bonus Plan ("DSBP"); 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 Awards will vest on 2 December 2025, subject, as applicable, to continued
employment, performance conditions (applicable for PSP only) and satisfaction
of a financial underpin requirement (applicable for RSP only) unless indicated
otherwise below.
* The PSP awards of Steve Hare and Jonathan Howell are subject to a two-year
holding period after the vesting date with Steve Hare and Jonathan Howell
becoming entitled to the vested shares following their release at the end of
such holding period, scheduled to be 2 December 2027.
** The RSP award for Cath Keers is not subject to the satisfaction of a
financial underpin requirement and will vest on 30 September 2024.
The Awards are subject to malus (withholding) and recovery (clawback).
PDMRs Number of ordinary shares of 1(4/77 )pence each in Sage that may be acquired
on vesting of the Awards
DSBP PSP RSP 2019 Total
Steve Hare 50,785 259,210* 309,995
Jonathan Howell 35,221 159,961* 195,182
Amanda Cusdin 66,350 66,350
Amy Lawson 5,797 52,858 58,655
Derk Bleeker 86,495 86,495
Victoria Bradin 63,762 63,762
Cath Keers 18,804 78,548** 97,352
Aaron Harris 46,531 46,531 93,062
Aziz Benmalek 60,099 60,099 120,198
Walid Abu-Hadba 62,712 62,712 125,424
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 and
The Sage 2016 Deferred Share Bonus Plan
c) Price(s) and volume(s)
Price Volume
Nil 309,995
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 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 and
The Sage 2016 Deferred Share Bonus Plan
c) Price(s) and volume(s)
Price Volume
Nil 195,182
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Amanda Cusdin
2 Reason for the notification
a) Position/status Chief People 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 66,350
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 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 and
The Sage 2016 Deferred Share Bonus Plan
c) Price(s) and volume(s)
Price Volume
Nil 58,655
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 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 86,495
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Vicki Bradin
2 Reason for the notification
a) Position/status General Counsel and Company Secretary
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 63,762
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 2022
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Cath Keers
2 Reason for the notification
a) Position/status Chief Marketing 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 2016 Deferred Share Bonus Plan and The
Sage Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 97,352
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 2022
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 Grant of share awards under The Sage Group plc 2015 Performance Share Plan and
The Sage Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 93,062
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 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
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 and
The Sage Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 120,198
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 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 and
The Sage Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 125,424
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 2 December 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 DSHTFBRTMTTMBBTRecent news on Sage
See all newsREG - Sage Group PLC - Total Voting Rights
AnnouncementREG - Sage Group PLC - Transaction in Own Shares
AnnouncementREG - Sage Group PLC - Total Voting Rights: Correction
AnnouncementREG - Sage Group PLC - Total Voting Rights
AnnouncementREG - Sage Group PLC - Transaction in Own Shares
Announcement