Sage Group PLC Director/PDMR Shareholding (7528Y)
08 December 2017 - 4:16AM
UK Regulatory
TIDMSGE
RNS Number : 7528Y
Sage Group PLC
07 December 2017
DIRECTOR/PDMR SHAREHOLDING
7 December 2017
The Sage Group plc. (the Company)
Notification of Transactions of Persons Discharging Managerial
Responsibilities
This notification relates to transactions notified in accordance
with article 19(3) of the Market Abuse Regulation.
On 7 December 2017 the person named below, who is a member of
the Executive Committee of The Sage Group plc., was granted awards
over ordinary shares of 1(4/77) pence each in The Sage Group plc.
under The Sage Group Restricted Share Plan. The maximum number of
shares that may be acquired on the vesting of the award is
specified opposite the participants' name. No price is payable
either on the grant or vesting of an award. The awards will
normally vest, subject to the satisfaction of performance
conditions and continued employment, 50 per cent. on the first
anniversary of the appointment date (which will be 9 October 2018)
and 50 per cent. on the second Anniversary of the appointment date
(which will be 9 October 2019). Awards are subject to malus and
clawback.
Executive Maximum number of ordinary shares
Committee of 1(4/77) pence each in The Sage
Member Group plc. that may be acquired
on vesting of award
---------------- -----------------------------------
Sanjay Almeida 132,542
---------------- -----------------------------------
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 Sanjay Almeida
---- ----------------------------- --------------------------------------
2 Reason for the notification
---- ---------------------------------------------------------------------
a) Position/status Chief Product Delivery 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 Grant of share award
transaction
---- ----------------------------- --------------------------------------
c) Price(s) and volume(s)
---- ---------------------- -----------
Price Volume
---- ---------------------- -----------
760.50 pence 132,542
--------------------------------------------------------- -----------
d) Aggregated information N/A - single transaction
----
- Aggregated volume
- Price
e) Date of the transaction 7 December 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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