REG - Sage Group PLC - Director/PDMR Shareholding
RNS Number : 8898VSage Group PLC05 December 2019DIRECTOR/PDMR SHAREHOLDING
5 December 2019
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 of the Market Abuse Regulation.
On the vesting of The Sage Group Restricted Share Plan and The Sage Group plc 2019 Restricted Share Plan awards on 4 December 2019, the following Executive Committee members named below (PDMR's), became beneficially entitled to the number of Ordinary shares of 14/77 pence each in the Company set out below, all of which have been transferred from shares held in Treasury. On 4 December 2019 the Company was notified that they each disposed of the number of Ordinary shares of 14/77 pence each set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below, to cover tax obligations arising from the vesting.
PDMR's
Award Plan
Number of Ordinary Shares Acquired
Number of Ordinary Shares Disposed
Average price in pence
Resultant Total Shareholding
Amanda Cusdin
The Sage Group Restricted Share Plan
15,931
7,503
721.435
26,511
Derk Bleeker
The Sage Group Restricted Share Plan
11,681
5,502
721.435
36,164
Klaus-Michael Vogelberg
The Sage Group Restricted Share Plan
14,603
6,878
721.435
372,682
Ron McMurtrie
The Sage Group Restricted Share Plan
18,362
5,539
721.435
14,787
Sue Goble
The Sage Group Restricted Share Plan
13,492
6,354
721.435
23,067
Vicki Bradin
The Sage Group Restricted Share Plan
12,745
6,003
721.435
9,280
Aaron Harris
The Sage Group Restricted Share Plan
23,302
9,188
721.435
222,028
Marc Linden
The Sage Group Restricted Share Plan
23,302
11,577
721.435
141,408
Rob Reid
The Sage Group plc 2019 Restricted Share Plan
21,250
10,557
721.435
246,960
ANNEX
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
Amanda Cusdin
2
Reason for the notification
a)
Position/status
Chief People 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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
15,931
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Amanda Cusdin
2
Reason for the notification
a)
Position/status
Chief People 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
7,503
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Derk Bleeker
2
Reason for the notification
a)
Position/status
Chief Corporate Development 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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
11,681
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Derk Bleeker
2
Reason for the notification
a)
Position/status
Chief Corporate Development 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
5,502
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Klaus-Michael Vogelberg
2
Reason for the notification
a)
Position/status
Chief Architect and Technology Advisor
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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
14,603
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Klaus-Michael Vogelberg
2
Reason for the notification
a)
Position/status
Chief Architect and Technology Advisor
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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
6,878
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ron McMurtrie
2
Reason for the notification
a)
Position/status
Chief Marketing and Business Enablement 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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
18,362
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ron McMurtrie
2
Reason for the notification
a)
Position/status
Chief Marketing and Business Enablement 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
5,539
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sue Goble
2
Reason for the notification
a)
Position/status
Chief Customer Success 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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
13,492
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sue Goble
2
Reason for the notification
a)
Position/status
Chief Customer Success 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
6,354
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Vicki Bradin
2
Reason for the notification
a)
Position/status
General Counsel and Company Secretary
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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
12,745
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Vicki Bradin
2
Reason for the notification
a)
Position/status
General Counsel and Company Secretary
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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
6,003
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
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
Vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
23,302
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
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
Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
9,188
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Marc Linden
2
Reason for the notification
a)
Position/status
EVP & GM Medium Segment Native Cloud Solutions
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 shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
23,302
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Marc Linden
2
Reason for the notification
a)
Position/status
EVP & GM Medium Segment Native Cloud Solutions
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 shares to cover tax obligations arising from the vesting of shares under The Sage Group Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
11,577
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Rob Reid
2
Reason for the notification
a)
Position/status
Chairman, Mid-Market Solutions
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 shares under The Sage Group plc 2019 Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
0.00
21,250
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Rob Reid
2
Reason for the notification
a)
Position/status
Chairman, Mid-Market Solutions
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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2019 Restricted Share Plan
c)
Price(s) and volume(s)
Price
Volume
721.435p
10,557
d)
Aggregated information
N/A - single transaction
- Aggregated volume
- Price
e)
Date of the transactions
4 December 2019
f)
Place of the transactions
London Stock Exchange
Name of contact:
Mohor Roy
Telephone number of contact:
+44(0) 191 294 3457
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHTABFTMBAMBBL
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