REG - Sage Group PLC (The) - Director/PDMR Shareholding

SageAnnouncement

11/02/2025 18:00

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RNS Number : 7530W  Sage Group PLC (The)  11 February 2025

DIRECTOR/PDMR SHAREHOLDING

 

11 February 2025

 

 

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 7 February 2025, 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 The Sage Group plc Long
Term Incentive Plan ("LTIP").

 

No price is payable by the PDMRs on either the grant or vesting of these share
awards.

 

These share awards will vest on the date set out in the table below, subject
to continued employment and/or performance conditions (as applicable). The
vested shares of Steve Hare and Jonathan Howell will be subject to a two-year
holding period after the vesting date and will be released on 2 December 2029.

 

These share awards are subject to malus (withholding) and clawback (recovery).

 

 

 PDMRs            Number of Shares subject to LTIP awards (Performance)  Number of Shares subject to LTIP awards (Underpin)  Vest date        Total number of Shares subject to share awards granted to PDMR
 Steve Hare       324,314                                                                                                    2 December 2027  324,314
 Jonathan Howell  156,580                                                                                                    2 December 2027  156,580
 Walid Abu-Hadba  3,736                                                                                                      2 December 2027  11,208
                                                                         3,736                                               2 December 2027
                                                                         3,736                                               2 December 2027

 

 

 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 award under The Sage Group plc Long Term Incentive Plan

 c)   Price(s) and volume(s)

                                                                                       Price               Volume
                                                                                       Nil                 324,314

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      7 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 

 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                                    Grant of share award under The Sage Group plc Long Term Incentive Plan

 c)   Price(s) and volume(s)

                                                                                       Price               Volume
                                                                                       Nil                 156,580

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      7 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                                    Grant of share award under The Sage Group plc Long Term Incentive Plan

 c)   Price(s) and volume(s)

                                                                                       Price               Volume
                                                                                       Nil                 11,208

 d)   Aggregated information                                       N/A - single transaction

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      7 February 2025

 f)   Place of the transaction                                     Outside a trading venue

 

 Name of contact:              Mohor Roy, Deputy Company Secretary
 Telephone number of contact:  + 44(0) 203 810 7200

 

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