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 Robert Reid, who is a member of the Executive Committee of the Company, has exercised options over 120,000 Ordinary shares of 14/77 pence each in the Company at an exercise price of 22 pence per share under the terms of The Sage Group plc 2017 Share Option Plan on 6 September 2019. The options were originally granted on 12 October 2011 subject to roll over as part of the Intacct Corporation acquisition on 3 August 2017 and matured on 3 August 2018. The resultant total shareholding of Robert Reid is 236,267 Ordinary shares of 14/77 pence each in the Company.
Notifications and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
Chairman Mid-Market Solutions and Managing Director, Sage Intacct
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
The Sage Group plc.
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
Description of the financial instrument, type of instrument
Nature of the transaction
Exercise of options to acquire Ordinary shares in the Company pursuant to The Sage Group plc 2017 Share Option Plan
Price(s) and volume(s)
N/A - single transaction
- Aggregated volume
Date of the transactions
6 September 2019
Place of the transactions
London Stock Exchange
Name of contact:
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.
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