TIDMSGE

RNS Number : 0229B

Sage Group PLC

30 May 2023

DIRECTOR/PDMR SHAREHOLDING

30 May 2023

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 25 May 2023, Vicki Bradin, who is a member of the Executive Leadership Team of Sage, exercised options over 58,031 ordinary shares of 1(4/77) pence each in Sage at an option price of GBP5.79 per share (the "Options"). The Options were granted on 4 December 2018 under The Sage Group plc 2017 Share Option Plan, and matured and became exercisable on 4 December 2020.

On 25 May 2023, Vicki Bradin sold 48,351 ordinary shares of 1(4/77) pence each in Sage at a price of GBP8.488 per share, to satisfy the option price per share due and tax liabilities arising on the exercise of the Options. The balance of 9,680 shares was transferred to her Employee Share Account. The resultant total shareholding of Vicki Bradin is 108,285 ordinary shares of 1(4/77) pence each in Sage.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Vicki Bradin 
      ---------------------------------------  ---------------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                          General Counsel and Company Secretary 
      ---------------------------------------  ---------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ---------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------- 
 a)    Name                                     The Sage Group plc. 
      ---------------------------------------  ---------------------------------------------- 
 b)    LEI                                      2138005RN5XYLTF8G138 
      ---------------------------------------  ---------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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 granted under The 
                                                 Sage Group plc 2017 Share Option 
                                                 Plan 
      ---------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ---------------------  -------------------- 
                                                 Price(s)               Volume(s) 
                                                ---------------------  -------------------- 
    GBP5.79                                                             58,031 
   ------------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  25 May 2023 
      ---------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  ---------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Vicki Bradin 
      ---------------------------------------  ----------------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                          General Counsel and Company Secretary 
      ---------------------------------------  ----------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ----------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------------- 
 a)    Name                                     The Sage Group plc. 
      ---------------------------------------  ----------------------------------------------- 
 b)    LEI                                      2138005RN5XYLTF8G138 
      ---------------------------------------  ----------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                Sale of ordinary shares in Sage in 
                                                 order to satisfy the option price 
                                                 per share due and tax liabilities 
                                                 arising on the exercise of the Options. 
      ---------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                ---------------------  --------------------- 
                                                 Price(s)               Volume(s) 
                                                ---------------------  --------------------- 
    GBP8.488                                                            48,351 
   ------------------------------------------------------------------  --------------------- 
 
 d)    Aggregated information                   N/A - single transaction 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction                  25 May 2023 
      ---------------------------------------  ----------------------------------------------- 
 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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