3rd Mar 2011 14:50
3 March 2011
The Sage Group plc (the Company)
Notification of Transactions of Directors
This notification relates to transactions 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 3 March 2011, the following directors and members of the executive committee of the Company became beneficially entitled to the number of ordinary shares of 1p each in the Company set out below, all of which were held in trust by Ogier 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 individuals (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.
Director | Number of ordinary shares acquired |
Guy Berruyer |
95,167 |
David Clayton | 66,783 |
Paul Harrison | 66,783 |
Paul Stobart | 84,726 |
Executive Committee Member |
|
Ivan Epstein | 19,736 |
Karen Geary Alvaro Ramirez | 19,736 10,526 |
Michael Robinson Klaus Michael Vogelberg | 28,897 19,736
|
Under the rules of the Plan, no payment was made by the directors for the ordinary shares.
Date of transactions: 3rd of March 2011
Place of transactions: St.Helier, Jersey
Related Shares:
Sage Group