REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

08/12/2023 15:00

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RNS Number : 2199W  Sage Group PLC  08 December 2023

DIRECTOR/PDMR SHAREHOLDING

8 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. Upon the vesting of The Sage 2016
Deferred Share Bonus Plan ("DSBP 2016") award, on 2 December 2023 the
undernoted PDMR became beneficially entitled to the number of ordinary shares
of 1(4/77) pence each in Sage ("Shares") noted below.

On 6 December 2023, Sage was notified that the PDMR sold a number of Shares in
respect of which they had become beneficially entitled at the price noted
below, to cover tax obligations arising from the vesting. The resultant total
shareholding of the PDMR is also included.

 

 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  7,290                               1,759                                                    £11.4272              381,034

 

 

 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                                    Vesting of ordinary shares under The Sage 2016 Deferred Share Bonus Plan,

                                                            granted on 2 December 2020

 c)   Price(s) and volume(s)

                                                                                        Price                Volume
                                                                                        Nil                  7,290

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      2 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                                    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 2020
 c)   Price(s) and volume(s)

                                                                                         Price                 Volume
                                                                                         £11.4272              1,759

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      6 December 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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