14 Mar 2016 14:17
14 March 2016
The Sage Group plc (the Company)
Notification of Transactions of Person discharging managerial responsibilities
This notification relates to transactions notified in accordance with DR 3.1.4R(1)(a).
On the vesting of awards under the Sage Group Performance Share Plan (the PSP) on 14 March 2016, the following members of the executive committee of the Company became beneficially entitled to the number of ordinary shares of 14/77 pence each in the Company set out below, all of which were held in trust by Elian Employee Benefit Trustee Limited as trustee of the Sage Group plc Employee Benefit Trust (the Trustee). The Trustee will transfer the legal title to the ordinary shares to the individuals (or as they may direct) in accordance with the rules of the PSP for no consideration, subject to the sale of any ordinary shares on the individual's behalf in order to discharge the individual's tax liability in respect of the vesting of the award.
Executive Committee Member | Number of ordinary shares acquired | |
Ivan Epstein | 164,866 | |
Michael Robinson Marc Scheipe Santiago Solanas Klaus-Michael Vogelberg | 123,475 65,168 50,827 105,750 | |
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Under the rules of the Plan, no payment was made by the members of the committee for the ordinary shares.
Date of transactions: 14 March 2016
Place of transactions: St Helier, Jersey
END
Sage Group (SGE)