Last checked at 8 Dec 2020 18:15
DIRECTOR/PDMR SHAREHOLDING
8 December 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 the vesting of The Sage Group plc 2015 Performance Share Plan awards (the "Awards") on 7 December 2020, the following persons named below, who are Members of the Executive Committee of Sage ("PDMRs"), became beneficially entitled to the number of ordinary shares of 14/77 pence each in Sage set out below, all of which have been transferred from shares held in Treasury. On 7 December 2020, Sage was notified that each individual disposed of the number of ordinary shares of 14/77 pence each in Sage set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below, to cover tax obligations arising from the vesting.
PDMRs | Number of ordinary shares acquired | Number of ordinary shares sold to cover tax obligations | Sale price in pence | Resultant shareholding |
Derk Bleeker | 7,150 | 3,368 | 575 | 65,855 |
Amanda Cusdin | 8,118 | 3,824 | 575 | 52,714 |
Keith Robinson | 13,970 | 6,580 | 575 | 7,390 |
Vicki Bradin | 13,918 | 6,555 | 575 | 31,284 |
Sue Goble | 14,737 | 6,941 | 575 | 57,295 |
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 | 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
| Vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
0.00 | 7,150 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions
| Outside a trading venue | |||
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
| Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
575p | 3,368 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Amanda Cusdin | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief People 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
| Vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
0.00 | 8,118 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Amanda Cusdin | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief People 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
| Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
575p | 3,824 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions | London Stock Exchange | |||
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
| Vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
0.00 | 13,970 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions
| Outside a trading venue | |||
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
| Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
575p | 6,580 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 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
| Vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
0.00 | 13,918 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions
| Outside a trading venue | |||
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
| Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
575p | 6,555 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions | London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Sue Goble | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief Customer Success 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
| Vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
0.00 | 14,737 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Sue Goble | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Chief Customer Success 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
| Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group plc 2015 Performance Share Plan | |||
c)
| Price(s) and volume(s) | ||||
Price | Volume | ||||
575p | 6,941 | ||||
d)
| Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transactions | 7 December 2020 | |||
f)
| Place of the transactions | London Stock Exchange | |||
Name of contact: | Mohor Roy |
Telephone number of contact: | + 44(0) 203 810 7200 |