Treasury Stock

RNS Number : 5249Y

Sage Group PLC

03 March 2017

 

The Sage Group plc. ("the Company")

3 March 2017

Notification of Transfer of Shares Out of Treasury

The Company wishes to announce that on 3 March 2017, it transferred 1,019,166 ordinary shares of 1^4/77 pence each in the Company from Treasury to the trustee of The Sage Group plc Employee Benefit Trust at nil cost.  The shares will be used to satisfy awards granted under the Company's employee share schemes.

Shares held in the Employee Benefit Trust carry no voting rights and therefore there is no change to the total voting rights.

The Company now has 38,503,265 ordinary shares held in Treasury.

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