For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240205:nRSE0239Ca&default-theme=true
RNS Number : 0239C Sage Group PLC 05 February 2024
DIRECTOR/PDMR SHAREHOLDING
5 February 2024
The Sage Group plc. ("Sage")
Notification of Transaction of Persons Discharging Managerial Responsibilities
This notification relates to a transaction notified in accordance with article
19 of the UK Market Abuse Regulation.
On 1 February 2024 the person named below, who is an Executive Director of
Sage, was granted awards over ordinary shares of 1(4/77 )pence each in Sage
under The Sage Group plc 2015 Performance Share Plan as shown below (the
"Award"). The maximum number of shares that may be acquired on the vesting of
the Award is specified opposite the Executive Director's name below.
No price is payable either on the grant or vesting of the Award.
The Award will vest on 4 December 2026, subject to continued employment and
the achievement of the performance conditions. The vested shares will be
subject to a two-year holding period after the vesting date and will be
released on 4 December 2028.
The Award is subject to malus (withholding) and recovery (clawback).
Executive Director Maximum number of ordinary shares of 1(4/77 )pence each in Sage that may be
acquired on vesting of the Award
Steve Hare 241,514
ANNEX
Templates for notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely associated with
them
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 share awards under The Sage Group plc 2015 Performance Share Plan
c) Price(s) and volume(s)
Price Volume
nil 241,514
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 1 February 2024
f) Place of the transaction Outside a trading venue
Name of contact: Mohor Roy
Telephone number of contact: + 44(0) 203 810 7200
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHTAMLTMTTMMII