REG - Sage Group PLC - Director/PDMR Shareholding
06/12/2023 17:30
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RNS Number : 9264V Sage Group PLC 06 December 2023
DIRECTOR/PDMR SHAREHOLDING
6 December 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.
On 4 December 2023, the PDMRs noted below, who are members of the Executive
Leadership Team of Sage, were granted conditional share awards over ordinary
shares of 1(4/77 )pence each in Sage ("Shares") 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"), together the
("Awards").
No price is payable by the PDMRs on either the grant or vesting of the Awards.
The Awards will vest on the date set out in the table below, subject to
continued employment, and/or performance conditions (as applicable). The
Awards are subject to malus (withholding) and clawback (recovery).
PDMRs Number of Shares subject to Awards Vest Date Total number of Shares subject to Awards granted to PDMR
DSBP PSP RSP
Steve Hare 28,815 4.12.2026 28,815
Jonathan Howell 20,050 4.12.2026 138,718
118,668* 4.12.2026
Amanda Cusdin 55,874 4.12.2026
93,123
37,249 4.12.2025
Amy Lawson 44,712 4.12.2026
74,520
29,808 4.12.2025
Derk Bleeker 70,430 4.12.2026
117,383
46,953 4.12.2025
Victoria Bradin 55,874 4.12.2026 93,123
37,249 4.12.2025
Cath Keers 10,550 4.12.2026
50,932
40,382 4.12,2025
Aaron Harris 33,304 4.12.2026
99,912
33,304 4.12.2026
33,304 4.12.2025
Aziz Benmalek 42,918 4.12.2026
128,754
42,918 4.12.2026
42,918 4.12.2025
Walid Abu-Hadba 44,978 4.12.2026
134,934
44,978 4.12.2026
44,978 4.12.2025
* The PSP Award granted to Jonathan Howell is subject to a two-year holding
period after the vesting date with Jonathan Howell becoming entitled to the
underlying Shares following their release at the end of such holding period,
scheduled to be 4 December 2028.
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 a share award under The Sage 2016 Deferred Share Bonus Plan
c) Price(s) and volume(s)
Price Volume
Nil 28,815
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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 2016 Deferred Share Bonus Plan and The
Sage Group plc 2015 Performance Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 138,718
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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 and
The Sage Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 93,123
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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 Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 74,520
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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 and
The Sage Group plc 2019 Restricted Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 117,383
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Victoria 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 a share award under The Sage Group plc 2015 Performance Share Plan
c) Price(s) and volume(s)
Price Volume
Nil 93,123
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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 50,932
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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 99,912
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 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 and EVP Partners & Alliances
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
c) Price(s) and volume(s)
Price Volume
Nil 128,754
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 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 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 134,934
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 4 December 2023
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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