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Last Trade - 21/02/20

Sector
Technology
Size
Large Cap
Market Cap £8.44bn
Enterprise Value £8.84bn
Revenue £1.94bn
Position in Universe 115th / 1838

Sage Group PLC - Director/PDMR Shareholding

Tue 10th December, 2019 3:44pm
RNS Number : 4136W
Sage Group PLC
10 December 2019
 

DIRECTOR/PDMR SHAREHOLDING

 

10 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 2016 Deferred Share Bonus Plan awards on 7 December 2019, the following persons named below, who are Directors and/or Members of the Executive Committee of the Company (PDMRs), 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 trust by Intertrust Employee Benefit Trustee Limited as trustee of The Sage Group plc. Employee Benefit Trust. On 9 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.

 

PDMRs

Award Plan

Number of Ordinary Shares Acquired

Number of Ordinary Shares Disposed

Average price in pence

Resultant Total Shareholding

Blair Crump

The Sage 2016 Deferred Share Bonus Plan

8,902

2,797

724.107

42,067

Vicki Bradin

The Sage 2016 Deferred Share Bonus Plan

2,572

1,212

724.107

10,640

Steve Hare

The Sage 2016 Deferred Share Bonus Plan

5,759

2,713

724.107

334,252

Klaus-Michael Vogelberg

The Sage 2016 Deferred Share Bonus Plan

3,146

1,482

724.107

374,346



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

Blair Crump

2

 

Reason for the notification

 

a)

 

Position/status

President

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 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

8,902







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

7 December 2019

f)

 

Place of the transactions

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Blair Crump

2

 

Reason for the notification

 

a)

 

Position/status

President

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 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




724.107p

2,797







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

9 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 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

2,572







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

7 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 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




724.107p

1,212







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

9 December 2019

f)

 

Place of the transactions

London Stock Exchange

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

 

Vesting of shares under The Sage 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

5,759







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

7 December 2019

f)

 

Place of the transactions

 

Outside a trading venue

 

 

 

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 shares to cover tax obligations arising from the vesting of shares under The Sage 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




724.107p

2,713







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

9 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 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




0.00

3,146







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

7 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 2016 Deferred Share Bonus Plan

c)

 

Price(s) and volume(s)







Price

Volume




724.107p

1,482







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transactions

9 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.
 
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