RNS Number : 0623Z
Sage Group PLC
02 August 2024
 

DIRECTOR/PDMR SHAREHOLDING

 

02 August 2024

 

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 August 2024, the undernoted persons discharging managerial responsibilities for Sage (each a "PDMR") acquired ordinary shares of 14/77 pence each in Sage at the purchase price set out below, in accordance with the rights they acquired under the Sage Colleague Share Purchase Plan (the "CSPP") on 1 February 2024 to purchase such ordinary shares.

 

In accordance with the CSPP rules, the purchase price per ordinary share was the lesser of 85% of the fair market value of an ordinary share as at (i) the award date, being 1 February 2024 and (ii) the purchase date, being 1 August 2024. The purchase price was funded by monthly contributions, made by the relevant PDMR during the offering period, which have been converted from USD to GBP using the prevailing exchange rate at the time of purchase.

 

 

PDMR

Number of shares purchased under the CSPP

Purchase price per share

Resultant total shareholding

Aaron Harris

508

£9.23

388,694

Walid Abu-Hadba

160

£9.23

228,074

 

 

 

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

 

Purchase of ordinary shares in Sage in accordance with the rights acquired to purchase such shares under the CSPP.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£9.23

508







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

1 August 2024

 

f)

 

Place of the transaction

 

London Stock Exchange  

 

 

 

 

 

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

 

Purchase of ordinary shares in Sage in accordance with the rights acquired to purchase such shares under the CSPP.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£9.23

160







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

1 August 2024

 

f)

 

Place of the transaction

 

London Stock Exchange 

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 203 810 7200

 

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