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Director/PDMR Shareholding

RNS Number : 3087B
Sage Group PLC
15 June 2016
 

15 June 2016

The Sage Group plc - Regulatory Announcement

 

Notification of Transactions of Person discharging managerial responsibilities

 

On 15 June 2016 the people named below, who are members of the executive committee of the Company, were granted awards over ordinary shares in the Company under the Sage Group plc 2015 Performance Share Plan. The maximum number of shares that may be acquired on the vesting of the award is specified opposite the participants' names. No price is payable either on the grant or vesting of an award. The award will normally vest, subject to the satisfaction of performance conditions and continued employment, on 2 March 2019. Awards are subject to malus and clawback.

Executive Committee Member

 

     Maximum number of shares that may be acquired on vesting of award

Sandra Campopiano

     13,697 shares

Marc Scheipe     

     41,184 shares

                          

 

 

 

 

Notification of Transactions of Person discharging managerial responsibilities

Also on 15 June 2016 Mr Santiago Solanas, a member of the executive committee of the Company became beneficially entitled to 3,216 ordinary shares of 14/77 pence each in the Company under the Sage Group Performance Share Plan (the PSP), all of 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 Mr Solanas (or as he may direct) in accordance with the rules of the PSP for no consideration. Under the rules of the Plan, no payment was made by Mr Solanas for the ordinary shares.

 

Date of transactions:      15 June 2016

Place of transactions:     St Helier, Jersey

 


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