Transaction in Own Shares

RNS Number : 7251G

Sage Group PLC

19 March 2020

 

The Sage Group plc ("Sage" or the "Company") today announces that on 18 March 2020 it purchased a total of 106,881 of its ordinary shares of 1 ⁴/₇ pence each, as further detailed below.
		Per Ordinary Share
	Average price paid	£5.9031
	Highest price paid	£6.0640
	Lowest price paid	£5.7220
These share purchases form part of the Company's share buy-back programme, which has now been suspended, details of which were announced on 12 March 2020 and subsequently on 18 March 2020.
The Company will hold the purchased shares in treasury, to be used to meet obligations arising from share option programmes or other allocations of shares to employees or directors.
Following the above transaction, the issued share capital of Sage consists 1,120,789,295 ordinary shares of 1⁴/₇pence each, of which 30,242,603 ordinary shares of 1⁴/₇pence each would be held in treasury. Therefore, the total exercisable voting rights in Sage will be 1,090,546,692.
The above figure 1,090,546,692 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 DTRs. In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a schedule of individual trades by Citigroup is available using the following link:
http://www.rns-pdf.londonstockexchange.com/rns/7251G_1-2020-3-19.pdf
End

 

END

 

 

POSEAEDNFSSEEEA