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13 Aug 2019 17:24
DIRECTOR/PDMR SHAREHOLDING
13 August 2019
The Sage Group plc. (the Company)
Notification of Transactions of Persons Discharging Managerial Responsibilities
This announcement is made pursuant to Article 19 of the Market Abuse Regulation.
The Company announces that Steve Hare, who is a Director of the Company, has exercised options over 9,463 Ordinary shares of 14/77 pence each in the Company at an exercise price of 317 pence per share under the terms of The Sage Group Savings-Related Share Option Plan on 13 August 2019. The options were originally granted on 12 June 2014 and matured on 1 August 2019. The resultant total shareholding of Steve Hare is 331,206 Ordinary shares of 14/77 pence each in the Company.
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
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a)
| Name | Steve Hare | |||
2
| Reason for the notification
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a)
| Position/status | Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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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
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a)
| Description of the financial instrument, type of instrument | Ordinary Shares | |||
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Identification code | ISIN: GB00B8C3BL03 | ||||
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b)
| Nature of the transaction
| Exercise of options to acquire Ordinary shares in the Company pursuant to The Sage Group Savings-Related Share Option Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| 317p | 9,463 |
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d)
| Aggregated information | N/A - single transaction | |||
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- Aggregated volume |
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- Price |
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e)
| Date of the transactions | 13 August 2019 | |||
f)
| Place of the transactions
| London Stock Exchange | |||
Name of contact: | Mohor Roy |
Telephone number of contact: | +44(0) 191 294 3457 |
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