Transaction in Own Shares

RNS Number : 8123C

Sage Group PLC

08 May 2012

 



8 May 2012

                                                 

Transaction in own shares

The Sage Group plc ("Sage") announces that on 4 May 2012 it purchased 1,050,000 of its ordinary shares of 1p each through Deutsche Bank AG at an average price of 286.96 pence per share. The highest and lowest prices paid for these shares were 289.80 pence per share and 283.90 pence per share respectively. The purchased shares will all be held as treasury shares.

Following the above purchase, Sage holds 47,447,288ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 1,280,056,700.

The total number of voting rights in Sage, excluding treasury shares, as at 4 May 2012 is 1,280,056,700.  This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Sage under the FSA's Disclosure and Transparency Rules.

Enquiries

The Sage Group plc [phone]

Murdo Montgomery, Investor Relations

Tulchan Communications [phone]

David Shriver

Lucy Legh

About the Sage Group plc

The Sage Group plc is the leading global supplier of business management solutions to small and medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage has over 6 million customers and more than 12,300 employees worldwide. We operate in over 23 countries covering the UK, mainland Europe, North America, South Africa, Australia and India. For further information please visit www.sage.com

 

END

 

 

POSEAKSLELPAEFF