Transaction in Own Shares

RNS Number : 4519Z

Sage Group PLC

24 January 2022

 

THE SAGE GROUP PLC.

TRANSACTION IN OWN SHARES

The Sage Group plc. ("Sage" or the "Group") announces that it has purchased the following number of its ordinary shares of 1 ⁴/₇ pence each (the "Shares") on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. This is pursuant to the share buyback programme announced on 3 September 2021.

Ordinary Shares

Date of purchase:  24 January 2022

Number of ordinary shares purchased:                      347,944

Highest price paid per share:                                        797.00p

Lowest price paid per share:                                         770.40p

Volume weighted average price paid per share:  782.74p

These Shares will be held in treasury and used to meet obligations arising from share option programmes, or other allocations of shares, to employees or directors.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), a schedule of individual trades by Morgan Stanley & Co. International Plc is available using the following link:

https://www.sage.com/en-gb/-/media/files/sagedotcom/master/documents/pdf/Transaction_In_Own_Shares_24_01_22.pdf

Sage confirms that the share buyback programme announced on 3 September 2021 has now been completed.

A total number of 39,847,521 ordinary shares in Sage were repurchased as part of the share buyback programme and are held in treasury. The aggregate amount of the consideration paid by Sage was £297,857,152 and the average price paid per ordinary share was £7.47.

ENDS

 

END

 

 

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