Transaction in Own Shares

RNS Number : 4103H

Sage Group PLC

19 May 2014

 



19 May 2014

Transaction in own shares

The Sage Group plc ("Sage") announces that on 16 May 2014 it purchased 189,278 of its ordinary shares of 1⁴/₇₇p each through Citigroup Global Markets at an average price of 392.85 pence per share. The highest and lowest prices paid for these shares were 395.00 pence per share and 389.20 pence per share respectively. The purchased shares will all be held as treasury shares.

Following the above purchase, Sage holds 18,788,034 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 1,096,453,120.

The total number of voting rights in Sage, excluding treasury shares, as at 16 May 2014 is 1,096,453,120. 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 FCA's Disclosure and Transparency Rules.

Enquiries

The Sage Group plc [phone]

Murdo Montgomery, Investor Relations

Tulchan Communications [phone]

David Shriver

Jonathan Sibun

About The Sage Group plc

We provide small and medium sized organisations with a range of easy-to-use, secure and efficient business management software and services - from accounting and payroll, to enterprise resource planning, customer relationship management and payments.  Our customers receive continuous advice and support through our global network of local experts to help them solve their business problems, giving them the confidence to achieve their business ambitions.  Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has over 6 million customers and more than 12,700 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia and Brazil. For further information please visit www.sage.com

 

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