RNS Number : 3550P
Sage Group PLC
21 May 2024
 

DIRECTOR/PDMR SHAREHOLDING

 

21 May 2024

 

 

The Sage Group plc. ("Sage")

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

 

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

 

On 20 May 2024, the PDMRs noted below, who are members of the Executive Leadership Team of Sage, were granted conditional share awards over ordinary shares of 14/77 pence each in Sage ("Shares") under each of:

·    The Sage Group plc 2015 Performance Share Plan ("PSP"); and

·    The Sage Group plc 2019 Restricted Share Plan ("RSP"), together the ("Awards").

 

No price is payable by the PDMRs on either the grant or vesting of the Awards.

 

The Awards will vest on the date set out in the table below, subject to continued employment, and/or performance conditions (as applicable).

 

The Awards are subject to malus (withholding) and clawback (recovery).

 

PDMRs

Number of Shares subject to Awards

Vest Date

Total number of Shares subject to Awards granted to PDMR

PSP

RSP

Derk Bleeker

26,288

-     

04.12.2026

26,288

Eduardo Rosini

-

30,243

04.12.2025

 

54,095

21,170

-

04.12.2026

-

2,682

04.12.2026

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Derk Bleeker

 

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Commercial 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

 

 

Grant of share awards under The Sage Group plc 2015 Performance Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




Nil

26,288







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

20 May 2024

 

 

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Eduardo Rosini

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Growth 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

 

 

Grant of share awards under The Sage Group plc 2015 Performance Share Plan and The Sage Group plc 2019 Restricted Share Plan

c)

 

Price(s) and volume(s)







Price

Volume




Nil

54,095






 

 

 

 

d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

20 May 2024

f)

 

Place of the transaction

 

 

Outside a trading venue

 

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