DIRECTOR/ PDMR SHAREHOLDING
19 May 2022
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 18 May 2022, the PDMRs noted below, who are members of the Executive Leadership Team of Sage, were granted awards over ordinary shares of 14/77 pence each in Sage under The Sage Group plc 2015 Performance Share Plan ("PSP") and The Sage Group plc 2019 Restricted Share Plan ("RSP 2019"), together the ("Awards").
No price is payable by the PDMRs on either the grant or vesting of the Awards.
The PSP awards will vest on 2 December 2024. The RSP 2019 award will vest on 18 May 2025. All Awards are subject to continued employment, vesting conditions and Malus and Clawback.
| PDMRs | Number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards | ||
| PSP | RSP 2019 | Total | |
| Aaron Harris | - | 53,486 | 53,486 |
| Amy Lawson | 19,876 | - | 19,876 |
| Derk Bleeker | 20,252 | - | 20,252 |
| Walid Abu-Hadba | 60,097 | - | 60,097 |
| 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
| Grant of share awards under The Sage Group plc 2019 Restricted Share Plan
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | Nil | 53,486 | | |
| | | |
| | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 18 May 2022 | |||
| f)
| Place of the transaction
| Outside a trading venue | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Amy Lawson
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Corporate Affairs 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 awards under The Sage Group plc 2015 Performance Share Plan
| |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | Nil | 19,876 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 18 May 2022
| |||
| f)
| Place of the transaction
| 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
| President - EMEA | |||
| 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 awards under The Sage Group plc 2015 Performance Share Plan | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | Nil | 20,252 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 18 May 2022
| |||
| 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 awards under The Sage Group plc 2015 Performance Share Plan | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | Nil | 60,097 | | |
| | | | |
| |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 18 May 2022 | |||
| 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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