Last checked at 8 Sep 2020 16:08
DIRECTOR/PDMR SHAREHOLDING
8 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 7 September 2020, Sage was notified that Rob Reid, who is a member of the Executive Committee of Sage, sold 120,000 ordinary shares of 14/77 pence each in Sage at a price of 721.03 pence per share. Following this sale, the resultant total shareholding of Rob Reid is 223,082 ordinary shares of 14/77 pence each in Sage.
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 | Rob Reid | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chairman, Mid-Market Solutions | |||
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 | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
721.03 | 120,000 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 September 2020 | |||
f)
| Place of the transactions
| London Stock Exchange | |||
Name of contact: | Mohor Roy |
Telephone number of contact: | + 44(0) 203 810 7200 |