Director's Dealing • Dec 17, 2019
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 1971X
Sage Group PLC
17 December 2019
DIRECTOR/PDMR SHAREHOLDING
17 December 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 the vesting of The Sage Group plc 2015 Performance Share Plan awards on 14 December 2019, the following persons named below, who are Directors and/or Members of the Executive Committee of the Company (PDMRs), became beneficially entitled to the number of Ordinary shares of 14/77 pence each in the Company set out below, all of which have been transferred from shares held in Treasury. On 16 December 2019 the Company was notified that they each disposed of the number of Ordinary shares of 14/77 pence each set out below in respect of which they had become beneficially entitled, at the price per ordinary share set out below, to cover tax obligations arising from the vesting.
| PDMRs | Award Plan | Number of Ordinary Shares Acquired | Number of Ordinary Shares Disposed | Average price in pence | Resultant Total Shareholding |
| Steve Hare | The Sage Group plc 2015 Performance Share Plan | 33,061 | 15,570 | 744.8534 | 351,743 |
| Vicki Bradin | The Sage Group plc 2015 Performance Share Plan | 5,379 | 2,534 | 744.8534 | 13,485 |
| Blair Crump | The Sage Group plc 2015 Performance Share Plan | 31,169 | 9,792 | 744.8534 | 63,444 |
| Klaus-Michael Vogelberg | The Sage Group plc 2015 Performance Share Plan | 17,416 | 8,202 | 744.8534 | 383,560 |
| Derk Bleeker | The Sage Group plc 2015 Performance Share Plan | 2,891 | 1,362 | 744.8534 | 37,693 |
| Amanda Cusdin | The Sage Group plc 2015 Performance Share Plan | 3,544 | 1,670 | 744.8534 | 28,385 |
| Sue Goble | The Sage Group plc 2015 Performance Share Plan | 5,849 | 2,755 | 744.8534 | 26,161 |
| Ron McMurtrie | The Sage Group plc 2015 Performance Share Plan | 6,437 | 1,942 | 744.8534 | 19,282 |
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 | Steve Hare | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 33,061 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | 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 | Chief Executive 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 15,570 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Vicki Bradin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | General Counsel and Company Secretary | |||
| 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 5,379 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Vicki Bradin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | General Counsel and Company Secretary | |||
| 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 2,534 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 31,169 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | 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 | Sale of shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 9,792 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Klaus-Michael Vogelberg | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Architect and Technology Advisor | |||
| 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 17,416 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Klaus-Michael Vogelberg | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Architect and Technology Advisor | |||
| 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 8,202 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Derk Bleeker | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Corporate Development 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 2,891 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Derk Bleeker | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Corporate Development 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 1,362 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Amanda Cusdin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief People 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 3,544 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Amanda Cusdin | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief People 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 1,670 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Sue Goble | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Customer Success 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 5,849 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Sue Goble | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Customer Success 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 2,755 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Ron McMurtrie | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Marketing and Business Enablement 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 | Vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 0.00 | 6,437 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 14 December 2019 | |||
| f) | Place of the transactions | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Ron McMurtrie | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Marketing and Business Enablement 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 shares to cover tax obligations arising from the vesting of shares under The Sage Group plc 2015 Performance Share Plan | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | ||||
| 744.8534p | 1,942 | ||||
| d) | Aggregated information | N/A - single transaction | |||
| - Aggregated volume | |||||
| - Price | |||||
| e) | Date of the transactions | 16 December 2019 | |||
| f) | Place of the transactions | London Stock Exchange |
| Name of contact: | Mohor Roy |
| Telephone number of contact: | +44(0) 191 294 3457 |
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
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