Last checked at 21 May 2020 17:26
DIRECTOR/ PDMR SHAREHOLDING
21 May 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 21 May 2020 the persons named below, who are Persons Discharging Managerial Responsibilities (PDMR) 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) as shown below (the "Awards"). The maximum number of shares that may be acquired on the vesting of the Awards is specified opposite each participant's name below. No price is payable either on the grant or vesting of the Awards. The Awards will vest, subject to continued employment and performance conditions on 2 December 2022. The Awards are subject to malus (withholding) and recovery (clawback).
PDMR | Maximum number of ordinary shares of 14/77 pence each in Sage that may be acquired on vesting of the Awards |
Keith Robinson | 9,738 |
Lee Perkins | 15,253 |
ANNEX
Templates for notification 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
| Keith Robinson
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Strategy 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 award under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
Nil | 9,738 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 21 May 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Lee Perkins
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Commercial and 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 award under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
nil | 15,253 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 21 May 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||