Sage Group PLC Director/PDMR Shareholding (6714H)

TIDMSGE

RNS Number : 6714H

Sage Group PLC

04 December 2020

DIRECTOR/PDMR SHAREHOLDING

4 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.

Sage announces that Robert Reid, who is a member of the Executive Committee of Sage ("PDMR"), has exercised options over a total number of 699,784 ordinary shares of 1(4/77) pence each in Sage under The Sage Group plc 2017 Share Option Plan on 3 December 2020 at option prices as set out below. The options were originally granted as set out below subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant shareholding after the exercise of options for Robert Reid is 922,866 ordinary shares of 1(4/77) pence in Sage.

 
  Grant Date        Number of       Option price 
                  ordinary shares     in pence 
                    of 1(4/77) 
                    pence each 
                     acquired 
  12 October 
      2011           323,195             22 
                -----------------  ------------- 
 29 July 2014        344,522             85 
                -----------------  ------------- 
 11 September 
      2015            32,067            116 
                -----------------  ------------- 
 

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                                     Robert Reid 
      ---------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Chairman, Mid-Market Solutions 
      ---------------------------------------  --------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------------- 
 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                       Ordinary shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      ISIN: GB00B8C3BL03 
 
 b)    Nature of the transaction                Exercise of options to acquire ordinary 
                                                 shares in Sage under The Sage Group 
                                                 plc 2017 Share Option Plan 
      ---------------------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  -------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  -------------------- 
                                                 22p                   323,195 
                                                --------------------  -------------------- 
                                                 85p                   344,522 
                                                --------------------  -------------------- 
                                                 116p                  32,067 
                                                --------------------  -------------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transactions                 3 December 2020 
      ---------------------------------------  --------------------------------------------- 
 f)    Place of the transactions                London Stock Exchange 
      ---------------------------------------  --------------------------------------------- 
 
 
 Name of contact:                Mohor Roy 
 Telephone number of contact:    [phone] 
                                -------------------- 
 

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END

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December 04, 2020 13:24 ET (18:24 GMT)