REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

21/05/2024 17:45

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RNS Number : 3575P  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.

Upon the vesting of awards granted under The Sage Group Plc 2019 Restricted
Share Plan ("RSP 2019"), on 18 May 2024, Walid Abu-Hadba, Chief Product
Officer and PDMR became entitled to the number of ordinary shares of 1(4/77)
pence each in Sage ("Shares") noted below.

On 20 May 2024, Sage was notified that Walid Abu-Hadba, Chief Product Officer
and PDMR, sold a number of Shares in respect of which he had become entitled
at the price noted below, to cover tax obligations arising on the vesting of
the awards. The resultant aggregate total shareholding of the PDMR is also set
out below.

 

 PDMR             Award     Number of ordinary shares acquired  Number of ordinary shares sold to cover tax obligations  Sale price per share  Resultant total shareholding
 Walid Abu-Hadba  RSP 2019  58,498                              23,066                                                   £10.80228             225,911

 

 

 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                                    Vesting of ordinary shares under The Sage Group Plc 2019 Restricted Share

                                                            Plan, granted on 18 May 2021

 c)   Price(s) and volume(s)

                                                                                        Price                Volume
                                                                                        Nil                  58,498

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      18 May 2024

 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                                    Sale of ordinary shares to cover tax obligations arising from the vesting of

                                                            ordinary shares under The Sage Group Plc 2019 Restricted Share Plan, granted
                                                                   on 18 May 2021
 c)   Price(s) and volume(s)

                                                                                         Price                 Volume
                                                                                         £10.80228             23,066

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      20 May 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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