Sage Group PLC Director/PDMR Shareholding (2053N)
August 04 2017 - 11:58AM
UK Regulatory
TIDMSGE
RNS Number : 2053N
Sage Group PLC
04 August 2017
DIRECTOR/PDMR SHAREHOLDING
4 August 2017
The Sage Group plc (the Company)
Notification of Transactions of Persons Discharging Managerial
Responsibilities
This notification relates to transactions notified in accordance
with DR 3.1.4R(1)(a).
On the vesting of an award under the Sage Group Performance
Share Plan (the PSP) on 4 August 2017, the following members of the
Executive Committee of the Company became beneficially entitled to
the number of ordinary shares of 1(4/77) pence each in the Company
set out below, all of which were held in trust by Intertrust
Employee Benefit Trustee Limited as trustee of the Sage Group plc
Employee Benefit Trust (the Trustee). On 4 August 2017 the Company
was notified that the following members of the Executive Committee
disposed of the number of ordinary shares of 1(4/77) pence each set
out below in respect of which the individual had become
beneficially entitled under The Sage Group Performance Share Plan,
at the price per ordinary share set out below, to cover tax
obligations arising from the vesting.
Executive Number Aggregate Average Resultant
Committee of Ordinary Number price Total
Member Shares of Ordinary in pence Shareholding
Acquired Shares
Disposed
--------------- ------------- ------------- ---------- --------------
Steve
Hare 197,765 93,136 681.1426p 146,482
--------------- ------------- ------------- ---------- --------------
Klaus-Michael
Vogelburg 93,733 44,143 681.1426p 295,002
--------------- ------------- ------------- ---------- --------------
ANNEX
Template 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 Steve Hare
---- ---------------------------- ----------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------
a) Position/status Chief Financial Officer
---- ---------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
---- ---------------------------- ----------------------------------
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 Ordinary Shares
the financial
instrument, type
of instrument
----
Identification ISIN: GB00B8C3BL03
code
b) Nature of the Share sale (sell to cover
transaction tax)
---- ---------------------------- ----------------------------------
c) Price(s) and volume(s)
---- --------------------- --------
Price Volume
---- --------------------- --------
681.1426 pence 93,136
------------------------------------------------------- --------
d) Aggregated information N/A - single transaction
----
- Aggregated volume
- Price
e) Date of the transaction 4 August 2017
---- ---------------------------- ----------------------------------
f) Place of the transaction 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 Technology Officer
---- ---------------------------- -----------------------------------
b) Initial notification Initial notification
/Amendment
---- ---------------------------- -----------------------------------
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 Ordinary Shares
the financial
instrument, type
of instrument
----
Identification ISIN: GB00B8C3BL03
code
b) Nature of the Share sale (sell to cover
transaction tax)
---- ---------------------------- -----------------------------------
c) Price(s) and volume(s)
---- ---------------------- --------
Price Volume
---- ---------------------- --------
681.1426 pence 44,143
-------------------------------------------------------- --------
d) Aggregated information N/A - single transaction
----
- Aggregated volume
- Price
e) Date of the transaction 4 August 2017
---- ---------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange
---- ---------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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