Sage Group PLC Director/PDMR Shareholding (2445W)
August 14 2020 - 11:23AM
UK Regulatory
TIDMSGE
RNS Number : 2445W
Sage Group PLC
14 August 2020
DIRECTOR/PDMR SHAREHOLDING
14 August 2020
The Sage Group plc. ("Sage")
Notification of Transactions of Persons Discharging Managerial
Responsibilities
This notification relates to transactions notified in accordance
with article 19 of the Market Abuse Regulation.
Sage announces that Robert Reid, who is a member of the
Executive Committee of Sage, has exercised options over 90,000
ordinary shares of 1(4/77) pence each in Sage at an option price of
22 pence per share under The Sage Group plc 2017 Share Option Plan
on 13 August 2020. The options were originally granted on 12
October 2011 subject to roll over as part of the Intacct
Corporation acquisition on 3 August 2017 and matured on 3 August
2018. The resultant total shareholding of Robert Reid is 343,082
ordinary shares of 1(4/77) pence in Sage.
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 Robert Reid
--------------------------------------- ---------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Chairman, Mid-Market Solutions
--------------------------------------- ---------------------------------------------
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 Exercise of options to acquire ordinary
shares in Sage pursuant to The Sage
Group plc 2017 Share Option Plan
--------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
-------------------- --------------------
Price(s) Volume(s)
-------------------- --------------------
22p 90,000
-------------------- --------------------
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
e) Date of the transactions 13 August 2020
--------------------------------------- ---------------------------------------------
f) Place of the transactions London Stock Exchange
--------------------------------------- ---------------------------------------------
Name of contact: Mohor Roy
Telephone number of contact: +44(0) 203 810 7200
--------------------
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London Stock Exchange. RNS is approved by the Financial Conduct
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END
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