REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

19/05/2023 17:00

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RNS Number : 0854A  Sage Group PLC  19 May 2023

DIRECTOR/PDMR SHAREHOLDING

19 May 2023

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 Group plc 2019 Restricted
Share Plan ("RSP 2019"), on 18 May 2023 the undernoted PDMRs became entitled
to the number of ordinary shares of 1(4/77) pence each in Sage ("Shares")
noted below.

On 19 May 2023, Sage was notified that the PDMRs sold a number of Shares in
respect of which they had become entitled at the price noted below, to cover
the tax obligations arising on the vesting of the awards. The resultant
aggregate total shareholding of the PDMRs 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
 Aziz Benmalek    RSP 2019  28,743                              8,698                                                    £8.439354             56,212
 Walid Abu-Hadba  RSP 2019  57,480                              17,394                                                   £8.439354             152,599

 

 

 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                                    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                  28,743

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2023

 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                                    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
                                                                                         £8.439354             8,698

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2023

 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                  57,480

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2023

 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
                                                                                         £8.439354             17,394

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2023

 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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