REG - Sage Group PLC - Director/PDMR Shareholding

SageAnnouncement

16/09/2020 09:50

RNS Number : 1705Z
  
Sage Group PLC
  
16 September 2020
  
 

DIRECTOR/PDMR SHAREHOLDING
 
16 September 2020
The Sage Group plc. ("Sage")
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 awards on 13 September 2020, the following persons named below, who are Members of the Executive Committee of Sage ("PDMRs"), became beneficially entitled to the number of Ordinary shares of 14/77 pence each in Sage set out below, all of which have been transferred from shares held in Treasury. On 14 September 2020 Sage was notified that each individual, except Keith Robinson, 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. Keith Robinson sold all Ordinary shares of 14/77 pence each arising from this vesting at the price per Ordinary share set out below.




PDMRs


Number of Ordinary shares acquired


Number of Ordinary shares sold


Sale price in pence


Resultant Total Shareholding




Derk Bleeker


 19,927 


9,385 


721


 55,748 




Amanda Cusdin


 19,022 


8,959 


721


 39,795 




Lee Perkins


 63,336 


29,828 


721


 33,508 




Keith Robinson


 21,817 


21,817 


721


 NIL




Sue Goble


 22,991 


10,828 


721


 42,193 




 
 
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


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 Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


0.00


19,927


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


13 September 2020




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 Ordinary shares to cover tax obligations arising from the vesting of Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


721p


9,385


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


14 September 2020




f) 
 


Place of the transactions


London Stock Exchange




 
 




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 Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


0.00


19,022


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


13 September 2020




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 Ordinary shares to cover tax obligations arising from the vesting of Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


721p


8,959


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


14 September 2020




f) 
 


Place of the transactions


London Stock Exchange




 
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name


Lee Perkins




2 
 


Reason for the notification 
 




a) 
 


Position/status 


Chief Operating 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 Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


0.00


63,336


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


13 September 2020




f) 
 


Place of the transactions 
 


Outside a trading venue




 
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name


Lee Perkins




2 
 


Reason for the notification 
 




a) 
 


Position/status 


Chief Operating 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 Ordinary shares to cover tax obligations arising from the vesting of Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


721p


29,828


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


14 September 2020




f) 
 


Place of the transactions


London Stock Exchange




 
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name


Keith Robinson




2 
 


Reason for the notification 
 




a) 
 


Position/status 


Chief Strategy 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 Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


0.00


21,817


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


13 September 2020




f) 
 


Place of the transactions 
 


Outside a trading venue




 
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name


Keith Robinson




2 
 


Reason for the notification 
 




a) 
 


Position/status 


Chief Strategy 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 all Ordinary shares from the vesting under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


721p


21,817


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


14 September 2020




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 Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


0.00


22,991


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


13 September 2020




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 Ordinary shares to cover tax obligations arising from the vesting of Ordinary shares under The Sage Group Restricted Share Plan




c) 
 


Price(s) and volume(s) 


 


 


 


 




 


 


Price


Volume


 




 


 


721p


10,828


 




 


 


 


 


 




d) 
 


Aggregated information 


N/A - single transaction




 


 




- Aggregated volume


 




 


 




- Price


 




 


 




e) 
 


Date of the transactions 


14 September 2020




f) 
 


Place of the transactions


London Stock Exchange




 
 




Name of contact:


Mohor Roy




Telephone number of contact:


+ 44(0) 203 810 7200




 
 

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