Sage Group PLC Director/PDMR Shareholding (9950J)
11 December 2018 - 12:00AM
UK Regulatory
TIDMSGE
RNS Number : 9950J
Sage Group PLC
10 December 2018
DIRECTOR/PDMR SHAREHOLDING
10 December 2018
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 of the Market Abuse Regulation.
On the vesting of a share plan award on 9 December 2018 Steve
Hare, who is a Director and Chief Executive Officer of The Sage
Group plc., 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. On
10 December 2018 the Company was notified that Steve Hare disposed
of the number of ordinary shares of 1(4/77) pence each set out
below in respect of which he become beneficially entitled to, at
the price per ordinary share set out below, to cover tax
obligations arising from the vesting.
Executive Award Plan Number of Aggregate Average Resultant
Committee Ordinary Number of price in Total Shareholding
Member Shares Acquired Ordinary pence
Shares Disposed
The Sage
Group Deferred
Steve Hare Bonus Plan 14,647 6,898 580.2p 267,768
----------------- ----------------- ----------------- ---------- --------------------
ANNEX
Notifications 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 Executive 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 the Ordinary Shares
financial instrument,
type of instrument
Identification code ISIN: GB00B8C3BL03
b) Nature of the transaction Vesting of shares under The Sage
Group Deferred Bonus Plan.
--------------------------------------- --------------------------------------
c) Price(s) and volume(s)
---------------- -----------------
Price(s) Volume(s)
---------------- -----------------
0.00 14,647
---------------- -----------------
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transactions 9 December 2018
--------------------------------------- --------------------------------------
f) Place of the transactions Outside a trading venue
--------------------------------------- --------------------------------------
ANNEX
Notifications 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 Executive 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 the Ordinary Shares
financial instrument,
type of instrument
Identification code ISIN: GB00B8C3BL03
b) Nature of the transaction Sale of shares to cover tax obligations
arising from the vesting of shares
under The Sage Group Deferred Bonus
Plan.
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
5.802 6,898
-------------------- --------------------
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transactions 10 December 2018
--------------------------------------- ---------------------------------------------
f) Place of the transactions London Stock Exchange
--------------------------------------- ---------------------------------------------
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Authority to act as a Primary Information Provider in the United
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contact rns@lseg.com or visit www.rns.com.
END
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