RNS Number : 9744O
Sage Group PLC
05 December 2024
 

DIRECTOR/PDMR SHAREHOLDING

 

5 December 2024

The Sage Group plc. ("Sage")

 

Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMRs")

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

On 4 December 2024, Sage was notified that Cath Keers, who is a member of the Sage Executive Leadership Team, sold 101,311 ordinary shares of 14/77 pence each in Sage ("Shares") at a price of £13.1155 per share.

Upon the vesting and release on 2 December 2024 of share awards granted under The Sage 2016 Deferred Share Bonus Plan and The Sage Group plc 2015 Performance Share Plan (the "Awards"), Cath Keers became beneficially entitled to 92,932 Shares. On 4 December 2024, Sage was also notified that Cath Keers sold 43,928 of the Shares in respect of which she became beneficially entitled at £13.0967 per share to cover tax liabilities arising on the vesting/release of the Awards.

Following these transactions, the resultant total shareholding of Cath Keers is 49,004 Shares.

 

 

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

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 of 14/77 pence each in Sage

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£13.1155

101,311







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

3 December 2024

f)

 

Place of the transaction

 

London Stock Exchange

 

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

 

Delivery of ordinary shares following a vesting of an award granted on 2 December 2021 under The Sage Group plc 2016 Deferred Share Bonus Plan

 

c)

 

Price(s) and volume(s)







Price

Volume




Nil

15,223







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

2 December 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

 

Acquisition of ordinary shares by PDMR following release of Shares granted on 2 December 2021 under The Sage Group plc 2015 Performance Share Plan

 

c)

 

Price(s) and volume(s)







Price

Volume




Nil

77,709







d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

2 December 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 liabilities arising on the vesting on 2 December 2024 of an award granted on 2 December 2021 under The Sage Group plc 2016 Deferred Share Bonus Plan, and the release of ordinary shares subject to an award granted on 2 December 2021 under The Sage Group plc 2015 Performance Share Plan

 

c)

 

Price(s) and volume(s)







Price

Volume




£13.0967

43,928



 

 




d)

 

Aggregated information

N/A - single transaction



- Aggregated volume




- Price




e)

 

Date of the transaction

4 December 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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