Please wait ...

Director/PDMR Shareholding

RNS Number : 7616R
Sage Group PLC
13 December 2016
 

13 December 2016

 

 

The Sage Group plc ("the Company")

 

 

Director/PDMR Shareholding

 

 

On 13 December 2016 the Company was notified that on 13 December 2016 Klaus-Michael Vogelberg, a member of the Executive Committee of the Company, exercised an option over 18,511 ordinary shares of 14/77 pence each at the exercise price of 270 pence per share, under the terms of The Sage Group 1999 Executive Share Option Scheme.

 

Mr Vogelberg subsequently sold 12,937 Ordinary shares on 13 December 2016, at a price of 632.07 pence per share.

 

 

Place of transaction:      London

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

 

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/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

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

270.00p

18,511

 

 

 

 

 

 

d)

 

Aggregated information

N/A - single transaction

 

 

- Aggregated volume

 

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

12 December 2016

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 

END

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHTJBFTMBABBFF