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RNS Number : 9313S Sage Group PLC 18 June 2024
DIRECTOR/PDMR SHAREHOLDING
18 June 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 of the UK Market Abuse Regulation.
Sage announces that on 14 June 2024 it granted options (the "Options") over a
total of 1,422,166 ordinary shares of 1(4/77) pence each to 2,497 employees,
pursuant to the rules of The Sage Save and Share Plan (the "Plan").
The invitation to join the Plan was made available to all eligible employees
of Sage in countries participating in the Plan in 2024, who were employed on
or before 9 May 2024. Employees are limited to a maximum saving of £500 per
month (or local currency equivalent) across this plan and any other
outstanding Save and Share plans they may be participating in. The grant of
Options amounts to 0.1327% of Sage's issued share capital as at 14 June
2024. The exercise of Options on maturity is not dependent upon performance
criteria.
The Options for UK participants are exercisable between 1 August 2027 and 31
January 2028 with the exercise price set at a 20% discount to the average
middle market quotation of the three dealing days prior to the launch of the
Plan on 22 May 2024 and is £8.71 pence per ordinary share.
The following PDMRs have applied to participate in the Plan and are included
in the totals above as follows:
PDMRs Participating country Number of Options granted Option price per ordinary share
Vicki Bradin UK 2,129 £8.71
Amanda Cusdin UK 1,064 £8.71
Catherine Keers UK 2,129 £8.71
Amy Lawson UK 1,703 £8.71
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Vicki Bradin
2 Reason for the notification
a) Position/status General Counsel and Company Secretary
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 Options over ordinary shares under The Sage Save and Share Plan,
exercisable between 1 August 2027 and 31 January 2028
c) Price(s) and volume(s)
Price Volume
Nil 2,129
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 14 June 2024
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Amanda Cusdin
2 Reason for the notification
a) Position/status Chief People 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 Options over ordinary shares under The Sage Save and Share Plan,
exercisable between 1 August 2027 and 31 January 2028
c) Price(s) and volume(s)
Price Volume
Nil 1,064
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 14 June 2024
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Catherine Keers
2 Reason for the notification
a) Position/status Chief Marketing 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 Options over ordinary shares under The Sage Save and Share Plan,
exercisable between 1 August 2027 and 31 January 2028
c) Price(s) and volume(s)
Price Volume
Nil 2,129
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 14 June 2024
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Amy Lawson
2 Reason for the notification
a) Position/status Chief Corporate Affairs 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 Options over ordinary shares under The Sage Save and Share Plan,
exercisable between 1 August 2027 and 31 January 2028
c) Price(s) and volume(s)
Price Volume
Nil 1,703
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transaction 14 June 2024
f) Place of the transaction Outside a trading venue
Name of contact: Mohor Roy
Telephone number of contact: +44(0) 203 810 7200
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