Last checked at 5 Aug 2020 07:00
DIRECTOR/PDMR SHAREHOLDING
4 August 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.
Sage announces that on 3 August 2020 the following persons, who are Members of the Executive Committee of Sage ("PDMRs"), have exercised options under the terms of their respective share option plans over the number of ordinary shares of 14/77 pence each in Sage ("Shares") at an option price as set out below.
The options of Klaus-Michael Vogelberg and Derk Bleeker were originally granted on 17 June 2015 under The Sage Group Savings-Related Share Option Plan and matured on 1 August 2020.
The options of Vicki Bradin were originally granted on 1 June 2017 under The Sage Save and Share Plan and matured on 1 August 2020.
PDMRs | Share Option Plan | Number of Shares acquired | Option price per Share in pence | Resultant total shareholding |
Klaus-Michael Vogelberg | The Sage Group Savings-Related Share Option Plan | 6,578 | 456 | 390,138 |
Derk Bleeker | The Sage Group Savings-Related Share Option Plan | 6,578 | 456 | 45,206 |
Vicki Bradin | The Sage Save and Share Plan | 3,220 | 559 | 17,022 |
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 | Klaus-Michael Vogelberg | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief Architect and Technology Advisor | |||
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
| Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Group Savings-Related Share Option Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
456p | 6,578 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 3 August 2020 | |||
f)
| Place of the transactions
| London Stock Exchange | |||
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
| Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Group Savings-Related Share Option Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
456p | 6,578 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 3 August 2020 | |||
f)
| Place of the transactions
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Vicki Bradin | |||
2
| Reason for the notification
| ||||
a)
| Position/status | General Counsel and Company Secretary | |||
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
| Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Save and Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
559p | 3,220 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 3 August 2020 | |||
f)
| Place of the transactions
| London Stock Exchange | |||
Name of contact: | Mohor Roy |
Telephone number of contact: | +44(0) 203 810 7200 |