Sage Group PLC Director/PDMR Shareholding
22 November 2024 - 8:30PM
RNS Regulatory News
RNS Number : 3296N
Sage Group PLC
22 November 2024
DIRECTOR/PDMR
SHAREHOLDING
22 November 2024
The Sage Group plc. ("Sage")
Notification of Transactions of
Persons Discharging Managerial Responsibilities
("PDMRs")
This notification relates to
transactions notified in accordance with Article 19 of the UK
Market Abuse Regulation.
On 21 November 2024, Sage was
notified that Steve Hare, Chief Executive Officer, sold 70,000
ordinary shares of 14/77 pence each in Sage ("Shares")
at a price of £12.6431 per share. Following this sale, the
resultant total shareholding of Steve Hare is 690,188 Shares, which
represents 762% of salary against his shareholding requirement of
350% of salary.
Also on 21 November 2024, Sage was
notified that Jonathan Howell, Chief Financial Officer, sold 70,000
Shares at a price of £12.7008 per share. Following this sale, the
resultant total shareholding of Jonathan Howell is 302,239 Shares,
which represents 509% of salary against his shareholding
requirement of 275% of salary.
In accordance with Sage's
shareholding guideline, the resultant total shareholdings for both
Steve Hare and Jonathan Howell include: (i) Shares held by the PDMR
(ii) Shares held as unvested deferred share awards by the PDMR,
(iii) Shares held as vested share awards in a holding period by the
PDMR, and (iv) Shares held by the PDMR's Person(s) Closely
Associated. The unvested deferred share awards and vested awards
subject to a holding period are reported net of tax at the current
estimated marginal tax withholding rate.
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
/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
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
£12.6431
|
70,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A - single transaction
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
21 November 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Jonathan Howell
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial 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
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
£12.7008
|
70,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A - single transaction
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
21 November 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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