Sage Group PLC Director/PDMR Shareholding (2762H)
March 12 2015 - 6:07AM
UK Regulatory
TIDMSGE
RNS Number : 2762H
Sage Group PLC
12 March 2015
12 March 2015
The Sage Group plc (the Company)
Notification of Transactions of Directors
This notification relates to transactions notified in accordance
with DR 3.1.4R(1)(a).
On the vesting of awards under the Sage Group Performance Share
Plan (the PSP) on 12 March 2015, the following members of the
executive committee of the Company 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 Elian Employee
Benefit Trustee Limited as trustee of the Sage Group plc Employee
Benefit Trust (the Trustee). The Trustee will transfer the legal
title to the ordinary shares to the individuals (or as they may
direct) in accordance with the rules of the PSP for no
consideration, subject to the sale of any ordinary shares on the
individual's behalf in order to discharge the individual's tax
liability in respect of the vesting of the award.
Executive Committee Number of ordinary shares
Member acquired
Santiago Solanas 33,311
Brendan Flattery 77,678
Lisa Codispoti 33,765
Under the rules of the Plan, no payment was made by the
directors for the ordinary shares.
Date of transactions: 12 March 2015
Place of transactions: St.Helier, Jersey
END
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