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Regulatory Story
Company Sage Group PLC
TIDM SGE
Headline Director/PDMR Shareholding
Released 17:24 13-Aug-2019
Number 9374I17

RNS Number : 9374I
Sage Group PLC
13 August 2019
 

DIRECTOR/PDMR SHAREHOLDING

 

13 August 2019

 

The Sage Group plc. (the Company)

 

Notification of Transactions of Persons Discharging Managerial Responsibilities

 

This announcement is made pursuant to Article 19 of the Market Abuse Regulation.

 

The Company announces that Steve Hare, who is a Director of the Company, has exercised options over 9,463 Ordinary shares of 14/77 pence each in the Company at an exercise price of 317 pence per share under the terms of The Sage Group Savings-Related Share Option Plan on 13 August 2019. The options were originally granted on 12 June 2014 and matured on 1 August 2019. The resultant total shareholding of Steve Hare is 331,206 Ordinary shares of 14/77 pence each in the Company.

 

 

 

 

 

 

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

 

Exercise of options to acquire Ordinary shares in the Company pursuant to The Sage Group Savings-Related Share Option Plan

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

317p

9,463

 

 

 

 

 

 

d)

 

Aggregated information

N/A - single transaction

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

e)

 

Date of the transactions

13 August 2019

f)

 

Place of the transactions

 

London Stock Exchange

 

 

Name of contact:

Mohor Roy

Telephone number of contact:

+44(0) 191 294 3457

 

 

 

 


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