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RNS Number : 7388V Sage Group PLC (The) 03 February 2025
DIRECTOR/PDMR SHAREHOLDING
3 February 2025
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 2025, Aaron Harris and Walid Abu-Hadba,
each a person discharging managerial responsibilities for Sage, acquired
rights to purchase ordinary shares of 1(4/77) pence each in Sage under the
Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee
share plan operated for Sage's US employees. The share purchase will occur,
subject to and in accordance with the CSPP rules, at the end of a six-month
offering period ("Offering Period") on 1 August 2025.
In accordance with the CSPP rules, participants make monthly contributions
during the Offering Period and, at the end of the Offering Period, use such
contributions to fund the purchase price per ordinary share at a purchase
price equal to the lesser of 85% of the fair market value of an ordinary share
as at (i) the award date, being 1 February 2025, and (ii) the purchase date,
being 1 August 2025. Aaron Harris and Walid Abu-Hadba have each elected to
contribute USD 1,000 per month. These contributions will be converted from USD
to GBP using the prevailing exchange rate at the time of purchase.
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 Acquisition of right to purchase ordinary shares at the end of a six-month
offering period, ending on 1 August 2025, at a purchase price to be determined
on that date, in accordance with the CSPP rules.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil Nil
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 1 February 2025
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 Acquisition of right to purchase ordinary shares at the end of a six-month
offering period, ending on 1 August 2025, at a purchase price to be determined
on that date, in accordance with the CSPP rules.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil Nil
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 1 February 2025
f) Place of the transaction Outside a trading venue
Name of contact: Mohor Roy
Telephone number of contact: +44(0) 203 810 7200
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