Sage Group PLC Director/PDMR Shareholding (2053N)

TIDMSGE

RNS Number : 2053N

Sage Group PLC

04 August 2017

DIRECTOR/PDMR SHAREHOLDING

4 August 2017

The Sage Group plc (the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities

This notification relates to transactions notified in accordance with DR 3.1.4R(1)(a).

On the vesting of an award under the Sage Group Performance Share Plan (the PSP) on 4 August 2017, the following members of the Executive Committee of the Company became beneficially entitled to the number of ordinary shares of 1(4/77) pence each in the Company set out below, all of which were held in trust by Intertrust Employee Benefit Trustee Limited as trustee of the Sage Group plc Employee Benefit Trust (the Trustee). On 4 August 2017 the Company was notified that the following members of the Executive Committee disposed of the number of ordinary shares of 1(4/77) pence each set out below in respect of which the individual had become beneficially entitled under The Sage Group Performance Share Plan, at the price per ordinary share set out below, to cover tax obligations arising from the vesting.

 
 Executive        Number         Aggregate      Average     Resultant 
  Committee        of Ordinary    Number         price       Total 
  Member           Shares         of Ordinary    in pence    Shareholding 
                   Acquired       Shares 
                                  Disposed 
---------------  -------------  -------------  ----------  -------------- 
 Steve 
  Hare            197,765        93,136         681.1426p   146,482 
---------------  -------------  -------------  ----------  -------------- 
 Klaus-Michael 
  Vogelburg       93,733         44,143         681.1426p   295,002 
---------------  -------------  -------------  ----------  -------------- 
 

ANNEX

Template for notification 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                               Steve Hare 
----  ----------------------------  ---------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status                   Chief Financial Officer 
----  ----------------------------  ---------------------------------- 
 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                Ordinary Shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                ISIN: GB00B8C3BL03 
        code 
 
 b)    Nature of the                 Share sale (sell to cover 
        transaction                   tax) 
----  ----------------------------  ---------------------------------- 
 c)    Price(s) and volume(s) 
----                                 ---------------------  -------- 
                                      Price                  Volume 
----                                 ---------------------  -------- 
    681.1426 pence                                           93,136 
   -------------------------------------------------------  -------- 
 
 d)    Aggregated information        N/A - single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction       4 August 2017 
----  ----------------------------  ---------------------------------- 
 f)    Place of the transaction      London Stock Exchange 
----  ----------------------------  ---------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name                               Klaus-Michael Vogelberg 
----  ----------------------------  ----------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/status                   Chief Technology Officer 
----  ----------------------------  ----------------------------------- 
 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                Ordinary Shares 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                ISIN: GB00B8C3BL03 
        code 
 
 b)    Nature of the                 Share sale (sell to cover 
        transaction                   tax) 
----  ----------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
----                                 ----------------------  -------- 
                                      Price                   Volume 
----                                 ----------------------  -------- 
    681.1426 pence                                            44,143 
   --------------------------------------------------------  -------- 
 
 d)    Aggregated information        N/A - single transaction 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction       4 August 2017 
----  ----------------------------  ----------------------------------- 
 f)    Place of the transaction      London Stock Exchange 
----  ----------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 04, 2017 11:58 ET (15:58 GMT)