REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

21/05/2024 17:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240521:nRSU3550Pa&default-theme=true

RNS Number : 3550P  Sage Group PLC  21 May 2024

DIRECTOR/PDMR SHAREHOLDING

 

21 May 2024

 

 

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 20 May 2024, 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"); 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
                 PSP                 RSP
 Derk Bleeker    26,288              -                   04.12.2026  26,288
 Eduardo Rosini  -                   30,243              04.12.2025

                                                                     54,095
                 21,170              -                   04.12.2026
                 -                   2,682               04.12.2026

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Derk Bleeker

 2    Reason for the notification

 a)   Position/status                                              Chief Commercial 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                  26,288

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      20 May 2024

 f)   Place of the transaction                                     Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Eduardo Rosini

 2    Reason for the notification

 a)   Position/status                                              Chief Growth 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                   54,095

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      20 May 2024

 f)   Place of the transaction                                     Outside a trading venue

 

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  DSHABMFTMTBTBLI