REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

30/05/2023 10:15

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RNS Number : 0229B  Sage Group PLC  30 May 2023

DIRECTOR/PDMR SHAREHOLDING

 

30 May 2023

 

The Sage Group plc. ("Sage")

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities

 

This notification relates to transactions notified in accordance with Article
19 of the UK Market Abuse Regulation.

 

Sage announces that on 25 May 2023, Vicki Bradin, who is a member of the
Executive Leadership Team of Sage, exercised options over 58,031 ordinary
shares of 1(4/77) pence each in Sage at an option price of £5.79 per share
(the "Options"). The Options were granted on 4 December 2018 under The Sage
Group plc 2017 Share Option Plan, and matured and became exercisable on 4
December 2020.

 

On 25 May 2023, Vicki Bradin sold 48,351 ordinary shares of 1(4/77) pence each
in Sage at a price of £8.488 per share, to satisfy the option price per share
due and tax liabilities arising on the exercise of the Options. The balance of
9,680 shares was transferred to her Employee Share Account. The resultant
total shareholding of Vicki Bradin is 108,285 ordinary shares of
1(4/77) pence each in Sage.

 

 

 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                                    Exercise of options to acquire ordinary shares in Sage granted under The Sage

                                                            Group plc 2017 Share Option Plan

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         £5.79                 58,031

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      25 May 2023

 f)   Place of the transaction                                     London Stock Exchange

 

 

 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                                    Sale of ordinary shares in Sage in order to satisfy the option price per share

                                                            due and tax liabilities arising on the exercise of the Options.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         £8.488                48,351

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      25 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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