Director's Dealing • Feb 28, 2019
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information
RNS Number : 5060R
Sage Group PLC
28 February 2019
PDMR SHAREHOLDING
28 February 2019
The Sage Group plc. (the "Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
This notification relates to transactions notified in accordance with article 19 of the Market Abuse Regulation.
On 28 February 2019 the persons named below, who are Executive Directors of The Sage Group plc., were granted awards over ordinary shares of 14/77 pence each in The Sage Group plc. under The Sage Group plc. 2015 Performance Share Plan (PSP). The maximum number of shares that may be acquired on the vesting of the award is specified opposite each participant's name below. No price is payable on the grant or vesting of a PSP award. Awards will normally vest, subject to continued employment and performance conditions according to the schedule below. Awards are subject to malus and clawback.
The PSP awards will vest on 4 December 2021. A two year post vesting holding period will apply taking the release date to 4 December 2023.
| Executive Director | Maximum number of ordinary shares of 14/77 pence each in The Sage Group plc. that may be acquired on vesting of award |
| PSP | |
| Jonathan Howell | 184,801 |
| Steve Hare | 265,975 |
| Blair Crump | 190,027 |
ANNEX
Templates for notification 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 | Jonathan Howell | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | CFO | |||
| 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 | Grant of share award under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| nil | 184,801 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 28 February 2019 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Steve Hare | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | CEO | |||
| 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 | Grant of share award under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| nil | 265,975 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 28 February 2019 | |||
| f) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Blair Crump | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | President | |||
| 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 | Grant of share award under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| nil | 190,027 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transaction | 28 February 2019 | |||
| f) | Place of the transaction | Outside a trading venue |
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 [email protected] or visit www.rns.com.
END
DSHTPMRTMBTTBRL
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.