REG - Sage Group PLC - Director/PDMR Shareholding
07/12/2022 18:00
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RNS Number : 9773I Sage Group PLC 07 December 2022
DIRECTOR/PDMR SHAREHOLDING
7 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.
Upon the vesting of awards granted under The Sage 2016 Deferred Share Bonus
Plan ("DSBP 2016") and The Sage Group plc 2019 Restricted Share Plan ("RSP
2019") on 2 December 2022 and 4 December 2022, respectively, the undernoted
PDMR became entitled to the number of ordinary shares of 1(4/77) pence each in
Sage ("Shares") noted below.
On 6 and 7 December 2022, Sage was notified that the PDMR sold a number of
Shares in respect of which they had become entitled at the price noted below,
to cover the income tax and social security obligations arising on the vesting
of the awards. The resultant aggregate total shareholding of the PDMR is also
set out below.
PDMR Award Number of ordinary shares acquired Number of ordinary shares sold to cover tax obligations Sale price per share Resultant total shareholding
Aaron Harris DSBP 2016 7,369 2,959 £7.875165 391,461
Aaron Harris RSP 2019 25,140 9,913 £7.917303
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 Delivery of ordinary shares following vesting of an award under The Sage 2016
Deferred Share Bonus Plan, granted on 2 December 2019
c) Price(s) and volume(s)
Price Volume
Nil 7,369
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 6 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 Sale of ordinary shares to cover tax obligations arising from the vesting of
ordinary shares under The Sage 2016 Deferred Share Bonus Plan, granted on 2
December 2019
c) Price(s) and volume(s)
Price Volume
£7.875165 2,959
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 6 December 2022
f) Place of the transaction London Stock Exchange
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 Delivery of ordinary shares following vesting of an award under The Sage Group
plc 2019 Restricted Share Plan, granted on 4 December 2018
c) Price(s) and volume(s)
Price Volume
Nil 25,140
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 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 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 4 December 2018
c) Price(s) and volume(s)
Price Volume
£ 7.917303 9,913
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 5 December 2022
f) Place of the transaction London Stock Exchange
Name of contact: Mohor Roy
Telephone number of contact: + 44(0) 203 810 7200
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