Sage Group PLC (The) Director/PDMR Shareholding
February 03 2025 - 11:55AM
RNS Regulatory News
RNS Number : 7388V
Sage Group PLC (The)
03 February 2025
DIRECTOR/PDMR SHAREHOLDING
3 February 2025
The Sage Group plc. ("Sage")
Notification of Transactions by Persons Discharging Managerial
Responsibilities
This notification relates to
transactions notified in accordance with Article 19(3) of the UK
Market Abuse Regulation.
Sage announces that, on 1 February
2025, Aaron Harris and Walid Abu-Hadba, each a person discharging
managerial responsibilities for Sage, acquired rights to purchase
ordinary shares of 14/77 pence each in Sage under
the Sage Colleague Share Purchase Plan (the "CSPP"). The CSPP is an
all-employee share plan operated for Sage's US employees. The share
purchase will occur, subject to and in accordance with the CSPP
rules, at the end of a six-month offering period ("Offering Period") on 1 August
2025.
In accordance with the CSPP rules,
participants make monthly contributions during the Offering Period
and, at the end of the Offering Period, use such contributions to
fund the purchase price per ordinary share at a purchase price
equal to the lesser of 85% of the fair market value of an ordinary
share as at (i) the award date, being 1 February 2025, and (ii) the
purchase date, being 1 August 2025. Aaron Harris and Walid
Abu-Hadba have each elected to contribute USD 1,000 per month.
These contributions will be converted from USD to GBP using the
prevailing exchange rate at the time of purchase.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Aaron Harris
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Technology 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 right to purchase
ordinary shares at the end of a six-month offering period, ending
on 1 August 2025, at a purchase price to be determined on that
date, in accordance with the CSPP rules.
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
Nil
|
Nil
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A - single transaction
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
1 February 2025
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Walid Abu-Hadba
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Product 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 right to purchase
ordinary shares at the end of a six-month offering period, ending
on 1 August 2025, at a purchase price to be determined on that
date, in accordance with the CSPP rules.
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
Nil
|
Nil
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A - single transaction
|
|
|
|
|
- Aggregated volume
|
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
1 February 2025
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
Name of contact:
|
Mohor Roy
|
|
Telephone number of
contact:
|
+44(0) 203 810 7200
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHBRGDDXSGDGUX
The Sage (LSE:SGE)
Historical Stock Chart
From Jan 2025 to Feb 2025
The Sage (LSE:SGE)
Historical Stock Chart
From Feb 2024 to Feb 2025
