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Director/PDMR Shareholding

RNS Number : 0511S
Sage Group PLC
14 March 2016
 

 

 

 

14 March 2016

The Sage Group plc (the Company)

Notification of Transactions of Person discharging managerial responsibilities

 

This notification relates to a transaction notified in accordance with DR 3.1.4R(1)(a).

On the vesting of awards under the Sage Group Performance Share Plan (the PSP) on 14 March 2016, the following member of the executive committee of the Company became beneficially entitled to the number of ordinary shares of 14/77 pence each in the Company set out below, which were held in trust by Elian Employee Benefit Trustee Limited as trustee of the Sage Group plc Employee Benefit Trust (the Trustee).  The Trustee will transfer the legal title to the ordinary shares to the individual (or as they may direct) in accordance with the rules of the PSP for no consideration, subject to the sale of any ordinary shares on the individual's behalf in order to discharge the individual's tax liability in respect of the vesting of the award.

 

Executive Committee Member


Number of ordinary shares acquired

Brendan Flattery


99,622




 

 



Under the rules of the Plan, no payment was made by the member of the committee for the ordinary shares.

Date of transaction:        14 March 2016

Place of transaction:      St Helier, Jersey

 

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