REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

22/11/2024 09:30

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RNS Number : 3296N  Sage Group PLC  22 November 2024

DIRECTOR/PDMR SHAREHOLDING

 

22 November 2024

The Sage Group plc. ("Sage")

 

Notification of Transactions of Persons Discharging Managerial
Responsibilities ("PDMRs")

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

On 21 November 2024, Sage was notified that Steve Hare, Chief Executive
Officer, sold 70,000 ordinary shares of 1(4/77) pence each in Sage ("Shares")
at a price of £12.6431 per share. Following this sale, the resultant total
shareholding of Steve Hare is 690,188 Shares, which represents 762% of salary
against his shareholding requirement of 350% of salary.

Also on 21 November 2024, Sage was notified that Jonathan Howell, Chief
Financial Officer, sold 70,000 Shares at a price of £12.7008 per share.
Following this sale, the resultant total shareholding of Jonathan Howell is
302,239 Shares, which represents 509% of salary against his shareholding
requirement of 275% of salary.

In accordance with Sage's shareholding guideline, the resultant total
shareholdings for both Steve Hare and Jonathan Howell include: (i) Shares held
by the PDMR (ii) Shares held as unvested deferred share awards by the PDMR,
(iii) Shares held as vested share awards in a holding period by the PDMR, and
(iv) Shares held by the PDMR's Person(s) Closely Associated. The unvested
deferred share awards and vested awards subject to a holding period are
reported net of tax at the current estimated marginal tax withholding rate.

 

Notifications 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                                    Sale of ordinary shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £12.6431          70,000

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      21 November 2024

 f)   Place of the transaction                                     London Stock Exchange

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Jonathan Howell

 2    Reason for the notification

 a)   Position/status                                              Chief Financial 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

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     £12.7008          70,000

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      21 November 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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