Last checked at 31 Aug 2023 14:00
DIRECTOR/PDMR SHAREHOLDING
31 August 2023
The Sage Group plc. ("Sage")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.
Sage announces that on 30 August 2023, the undernoted PDMRs, who are members of the Executive Leadership Team of Sage, exercised options granted to them under The Sage Save and Share Plan, over the number of ordinary shares of 14/77 pence each in Sage, and at the option price as set out below. The options were granted on 14 June 2021 and matured on 1 August 2023.
PDMR | Number of shares acquired on exercise of The Sage Save and Share Plan option | Option price per share | Resultant total shareholding |
Aziz Benmalek | 2,087 | £5.58 | 58,698 |
Aaron Harris | 2,087 | £5.58 | 430,466 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Aziz Benmalek | |||
2
| Reason for the notification
| ||||
a)
| Position/status | President - North America | |||
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 granted under The Sage Save and Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£5.58 | 2,087 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction | 30 August 2023
| |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Aaron Harris | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief Technology 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 granted under The Sage Save and Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
£5.58 | 2,087 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction | 30 August 2023
| |||
f)
| Place of the transaction
| Outside a trading venue | |||
Name of contact: | Mohor Roy |
Telephone number of contact: | +44(0) 203 810 7200 |