DIRECTOR/PDMR SHAREHOLDING
27 June 2023
The Sage Group plc. ("Sage")
Notification of Transactions by Persons Discharging Managerial Responsibilities
This notification relates to transactions notified in accordance with Article 19(3) of the UK Market Abuse Regulation.
On 23 June 2023, Walid Abu-Hadba purchased 500 ordinary shares of 14/77 pence each in Sage, at a price of £8.71 per share. On 26 June 2023, Walid Abu-Hadba purchased 2,500 ordinary shares of 14/77 pence each in Sage at a price of £8.76 per share. These ordinary shares were acquired via ADRs issued by Fidelity. The purchases were made in US dollars with the price per share given in this announcement in GBP as converted at the exchange rate on the date of purchase.
On 26 June 2023, Walid Abu-Hadba also purchased 10,000 ordinary shares of 14/77 pence each in Sage at a price of £8.68 per share, which are held in his broker account (held jointly with his PCA, Hala Rashid).
The resultant shareholding for Walid Abu-Hadba is 165,599 ordinary shares of 14/77 pence each in Sage.
| 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 in The Sage Group plc. acquired via ADR | |||
| | | ||||
| Identification code | ISIN: GB00B8C3BL03 | ||||
| | | ||||
| b)
| Nature of the transaction
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | £8.71 | 500 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 23 June 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
| 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 in The Sage Group plc. acquired via ADR | |||
| | | ||||
| Identification code | ISIN: GB00B8C3BL03 | ||||
| | | ||||
| b)
| Nature of the transaction
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | £8.76 | 2,500 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 26 June 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
| 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
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price | Volume | | |
| | | £8.68 | 10,000 | | |
| | | | | | |
| d)
| Aggregated information | N/A - single transaction | |||
| | | ||||
| - Aggregated volume | | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 26 June 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
| Name of contact: | Mohor Roy, Deputy Company Secretary |
| Telephone number of contact: | + 44(0) 203 810 7200 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
