Thursday 19 March, 2020
Sage Group PLC
Transaction in Own Shares
RNS Number : 7251G
Sage Group PLC
19 March 2020
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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.
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Per Ordinary Share
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Average price paid
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£5.9031
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Highest price paid
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£6.0640
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Lowest price paid
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£5.7220
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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.
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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.
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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.
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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:
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http://www.rns-pdf.londonstockexchange.com/rns/7251G_1-2020-3-19.pdf
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End
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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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