Sage Group PLC (The) Director/PDMR Shareholding

RNS Number : 7388V

Sage Group PLC (The)

03 February 2025

 

DIRECTOR/PDMR SHAREHOLDING

 

3 February 2025

 

The Sage Group plc. ("Sage")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities

 

This notification relates to transactions notified in accordance with Article 19(3) of the UK Market Abuse Regulation.

 

Sage announces that, on 1 February 2025, Aaron Harris and Walid Abu-Hadba, each a person discharging managerial responsibilities for Sage, acquired rights to purchase ordinary shares of 1^4/77 pence each in Sage under the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an all-employee share plan operated for Sage's US employees. The share purchase will occur, subject to and in accordance with the CSPP rules, at the end of a six-month offering period ("Offering Period") on 1 August 2025.

 

In accordance with the CSPP rules, participants make monthly contributions during the Offering Period and, at the end of the Offering Period, use such contributions to fund the purchase price per ordinary share at a purchase price equal to the lesser of 85% of the fair market value of an ordinary share as at (i) the award date, being 1 February 2025, and (ii) the purchase date, being 1 August 2025. Aaron Harris and Walid Abu-Hadba have each elected to contribute USD 1,000 per month. These contributions will be converted from USD to GBP using the prevailing exchange rate at the time of purchase.

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Aaron Harris
2	Reason for the notification
a)	Position/status	Chief Technology 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	Acquisition of right to purchase ordinary shares at the end of a six-month offering period, ending on 1 August 2025, at a purchase price to be determined on that date, in accordance with the CSPP rules.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	Nil
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	1 February 2025
f)	Place of the transaction	Outside a trading venue

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Walid Abu-Hadba
2	Reason for the notification
a)	Position/status	Chief Product 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	Acquisition of right to purchase ordinary shares at the end of a six-month offering period, ending on 1 August 2025, at a purchase price to be determined on that date, in accordance with the CSPP rules.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	Nil
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	1 February 2025
f)	Place of the transaction	Outside a trading venue

 

 

Name of contact:	Mohor Roy
Telephone number of contact:	[phone]

 

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