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The Sage Group Plc
Sage Group PLC - Director/PDMR Shareholding
2nd October 2024, 10:11
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RNS Number : 6638G
Sage Group PLC
02 October 2024
 

DIRECTOR/PDMR SHAREHOLDING

2 October 2024

The Sage Group plc. ("Sage")

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated with them

This notification relates to transactions notified in accordance with Article 19 of the UK Market Abuse Regulation.

Upon the vesting of an award granted under The Sage Group Plc 2019 Restricted Share Plan ("RSP 2019"), on 30 September 2024, Cath Keers, Chief Marketing Officer and PDMR became beneficially entitled to the number of ordinary shares of 14/77 pence each in Sage ("Shares") noted below.

On 1 October 2024, Sage was notified that Cath Keers sold a number of Shares in respect of which she had become beneficially entitled, at the price noted below, to cover tax obligations arising from the vesting of the award. The resultant total shareholding of the PDMR is also set out below.

 

PDMR

Award

Number of ordinary shares acquired

Number of ordinary shares sold to cover tax obligations

Sale price per share

Resultant total shareholding

Cath Keers

RSP 2019

82,001

38,618

£10.2824

101,311

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Cath 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

 

Vesting of ordinary shares under The Sage Group Plc 2019 Restricted Share Plan, granted on 2 December 2022

 

c)

 

Price(s) and volume(s)







Price

Volume




Nil

82,001







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

30 September 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Cath 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

 

Sale of ordinary shares to cover tax obligations arising from the vesting of ordinary shares under The Sage Group Plc 2019 Restricted Share Plan, granted on 2 December 2022

c)

 

Price(s) and volume(s)







Price

Volume




£10.2824

38,618



 

 




d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

30 September 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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