REG - Sage Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">SGE.L</Origin>
RNS Number : 7528YSage Group PLC07 December 2017DIRECTOR/PDMR SHAREHOLDING
7 December 2017
The Sage Group plc. (the Company)
Notification of Transactions of Persons Discharging Managerial Responsibilities
This notification relates to transactions notified in accordance with article 19(3) of the Market Abuse Regulation.
On 7 December 2017 the person named below, who is a member of the Executive Committee of The Sage Group plc., was granted awards over ordinary shares of 14/77pence each in The Sage Group plc. under The Sage Group Restricted Share Plan. The maximum number of shares that may be acquired on the vesting of the award is specified opposite the participants' name. No price is payable either on the grant or vesting of an award. The awards will normally vest, subject to the satisfaction of performance conditions and continued employment, 50 per cent. on the first anniversary of the appointment date (which will be 9 October 2018) and 50 per cent. on the second Anniversary of the appointment date (which will be 9 October 2019). Awards are subject to malus and clawback.
Executive Committee Member
Maximum number of ordinary shares of 14/77pence each in The Sage Group plc. that may be acquired on vesting of award
Sanjay Almeida
132,542
ANNEX
Template for notification 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
Sanjay Almeida
2
Reason for the notification
a)
Position/status
Chief Product Delivery 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
c)
Price(s) and volume(s)
Price
Volume
760.50 pence
132,542
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transaction
7 December 2017
f)
Place of the transaction
London Stock Exchange
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHTRBRTMBBMBAR
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