24 Aug 2022 15:37
DIRECTOR/PDMR SHAREHOLDING
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24 August 2022
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The Sage Group plc. ("Sage")
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Notification of Transactions by Persons Discharging Managerial Responsibilities
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This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.
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Sage announces that Steve Hare, who is a member of the Executive Leadership Team of Sage, exercised options over 2,980 ordinary shares of 14/77Β pence each in Sage at an option price of Β£6.04 per share, under The Sage Save and Share Plan, on 23 August 2022. The options were originally granted on 14 June 2019 and matured on 1 August 2022. The resultant total shareholding of Steve Hare is 388,625 ordinary shares of 14/77β―pence each in Sage.
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1 Β | Details of the person discharging managerial responsibilities / person closely associated Β | ||||
a) Β | Name | Steve Hare | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status | Chief Executive Officer | |||
b) Β | Initial notification /Amendment Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β Β | The Sage Group plc. | |||
b) Β | LEI Β Β | 2138005RN5XYLTF8G138 | |||
4 Β | 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 Β Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares | |||
Identification code | ISIN: GB00B8C3BL03 | ||||
b) Β | Nature of the transaction Β | Exercise of options to acquire ordinary shares in Sage pursuant to The Sage Save and Share Plan | |||
c) Β | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Β£6.04 | 2,980 | ||||
d) Β | Aggregated information | N/A - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e) Β | Date of the transaction | 23 August 2022 Β | |||
f) Β | Place of the transaction Β | London Stock Exchange | |||
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Name of contact: | Mohor Roy |
Telephone number of contact: | +44(0) 203 810 7200 |
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