REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

02/02/2024 16:30

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RNS Number : 9192B  Sage Group PLC  02 February 2024

DIRECTOR/PDMR SHAREHOLDING

 

2 February 2024

 

The Sage Group plc. ("Sage")

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities

 

This notification relates to transactions notified in accordance with Article
19(3) of the UK Market Abuse Regulation.

 

Sage announces that on 1 February 2024, the undernoted persons discharging
managerial responsibilities for Sage (each a "PDMR"), acquired ordinary shares
of 1(4/77) pence each in Sage at the purchase price set out below, in
accordance with the rights they acquired under the Sage Colleague Share
Purchase Plan (the "CSPP") on 1 August 2023 to purchase such ordinary shares.

 

In accordance with the CSPP rules, the purchase price per ordinary share was
the lesser of 85% of the fair market value of an ordinary share as at (i) the
award date being, being 1 August 2023 and (ii) the purchase date, being 1
February 2024.  The purchase price was funded by monthly contributions, made
by the relevant PDMR during the offering period, which have been converted
from USD to GBP using the prevailing exchange rate at the time of purchase.

 

 

 PDMR             Number of shares purchased under the CSPP  Purchase price per share  Resultant total shareholding
 Aaron Harris     595                                        £7.96                     381,629
 Aziz Benmalek    595                                        £7.96                     78,373
 Walid Abu-Hadba  187                                        £7.96                     189,582

 

 

 

 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                                    Purchase of ordinary shares in Sage in accordance with the right acquired to

                                                            purchase such shares under the CSPP.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         £7.96                 595

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      1 February 2024

 f)   Place of the transaction                                     London Stock Exchange

 

 

 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                                    Purchase of ordinary shares in Sage in accordance with the right acquired to

                                                            purchase such shares under the CSPP.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         £7.96                 595

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      1 February 2024

 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                                    Purchase of ordinary shares in Sage in accordance with the right acquired to

                                                            purchase such shares under the CSPP.

 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         £7.96                 187

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      1 February 2024

 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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