Sage Group PLC
12 January 2000
NOT FOR RELEASE OR DISTRIBUTION IN OR INTO THE USA,
JAPAN, CANADA OR AUSTRALIA
THE SAGE GROUP PLC
The Sage Group plc ('Sage')
Result of Conditional Vendor Placing
Further to this morning's announcement of a conditional
vendor placing to finance Sage's recommended tender offer
for Best Software Inc., Deutsche Bank AG London has
successfully placed 43,707,488 new shares on behalf of
Sage. The strike price of 680p per share represents a
1.5 per cent. discount to the closing mid market price on
11 January 2000.
Press Enquiries:
Sage 0191 255 3000
Paul Walker, Chief Executive
Aidan Hughes, Finance Director
Deutsche Bank 0207 545 8000
Chris Airey
Nicola Stevens
Financial Dynamics 0207 831 3113
Giles Sanderson
Jon Earl
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