21 May 2024 17:21
DIRECTOR/PDMR SHAREHOLDING
Β
21 May 2024
Β
Β
The Sage Group plc. ("Sage")
Β
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them
Β
This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.
Β
On 20 May 2024, the PDMRs noted below, who are members of the Executive Leadership Team of Sage, were granted conditional share awards over ordinary shares of 14/77Β pence each in Sage ("Shares") under each of:
Β· The Sage Group plc 2015 Performance Share Plan ("PSP"); and
Β· The Sage Group plc 2019 Restricted Share Plan ("RSP"), together the ("Awards").
Β
No price is payable by the PDMRs on either the grant or vesting of the Awards.
Β
The Awards will vest on the date set out in the table below, subject to continued employment, and/or performance conditions (as applicable).
Β
The Awards are subject to malus (withholding) and clawback (recovery).
Β
PDMRs | Number of Shares subject to Awards | Vest Date | Total number of Shares subject to Awards granted to PDMR | |
PSP | RSP | |||
Derk Bleeker | 26,288 | - | 04.12.2026 | 26,288 |
Eduardo Rosini | - | 30,243 | 04.12.2025 | Β 54,095 |
21,170 | - | 04.12.2026 | ||
- | 2,682 | 04.12.2026 | ||
Β
Β
Β
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name Β Β | Derk Bleeker Β Β | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | Chief Commercial Officer | |||
b) Β | Initial notification /Amendment Β Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | The Sage Group plc. | |||
b) Β | LEI Β | 2138005RN5XYLTF8G138 | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares | |||
Identification code | ISIN: GB00B8C3BL03 | ||||
b) Β | Nature of the transaction Β Β | Grant of share awards under The Sage Group plc 2015 Performance Share Plan | |||
c) Β | Price(s) and volume(s) | ||||
Price | Volume | ||||
Nil | 26,288 | ||||
d) Β | Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) Β | Date of the transaction Β Β | 20 May 2024 Β Β | |||
f) Β | Place of the transaction Β | Outside a trading venue | |||
Β
1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name Β Β | Eduardo Rosini Β | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β Β | Chief Growth Officer | |||
b) Β | Initial notification /Amendment Β Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | The Sage Group plc. | |||
b) Β | LEI Β | 2138005RN5XYLTF8G138 | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares | |||
Identification code | ISIN: GB00B8C3BL03 | ||||
b) Β | Nature of the transaction Β Β | Grant of share awards under The Sage Group plc 2015 Performance Share Plan and The Sage Group plc 2019 Restricted Share Plan | |||
c) Β | Price(s) and volume(s) | ||||
Price | Volume | ||||
Nil | 54,095 | ||||
Β Β Β Β | |||||
d) Β | Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) Β | Date of the transaction Β Β | 20 May 2024 | |||
f) Β | Place of the transaction Β Β | Outside a trading venue | |||
Β
Follow the stocks