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Amendment to Official List Share Consol TVR

RNS Number : 5138G
Sage Group PLC
07 June 2013

7 June 2013

Amendment to Official List, Share Consolidation and Total Voting Rights

Further to the approval by shareholders of the share consolidation associated with the special dividend at The Sage Group plc's (the "Company") GM on 3 June 2013, the Company's share consolidation will become effective on Monday, 10 June 2013, conditional upon admission of the new Ordinary shares to the Official List of the UK Listing Authority and to trading on the London Stock Exchange becoming effective.

The share consolidation will replace every 81 existing Ordinary shares of 1 pence each with 77 new Ordinary shares of 14/77 pence each. The Company's new Ordinary shares will be admitted to the Official List of the UK Listing Authority and will commence trading on the London Stock Exchange at 8.00am UK time on Monday, 10 June 2013.

Prior to the share consolidation becoming effective, the Company's issued share capital was 1,207,881,315 Ordinary shares of 1 pence each. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the Company's issued share capital as at 8.00am on 10 June 2013 (the effective time of the share consolidation) will consist of 1,148,232,855 new Ordinary shares of 14/77 pence each.  As at 8.00am on 10 June 2013, the Company will hold 38,461,174 shares in treasury. 

The decrease in the issued share capital and total voting rights results from the consolidation of shares. 

The total voting rights in the Company will therefore be 1,109,771,681 which 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, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

The timetable in relation to the special dividend and the share consolidation is as follows:

Shareholder Record Date for the Special Dividend and for the Share Consolidation

6.00pm on Friday 7 June 2013

Commencement of dealings in New Ordinary Shares

8.00am on Monday 10 June 2013

Ordinary Shares marked ex-Special Dividend

Monday 10 June 2013

CREST accounts credited with New Ordinary Shares

Monday 10 June 2013

Despatch of cheques for fractional entitlements and certificates for New Ordinary Shares; CREST accounts credited with the value of fractional entitlements

Wednesday 19 June 2013

Payment of the Special Dividend to Shareholders

Friday 28 June 2013

If any of the above times and/or dates change, the revised times and/or dates will be notified to Shareholders by announcement through a Regulatory Information Service.



The Sage Group plc +44(0) 191 294 3065

Michael Robinson

Murdo Montgomery


Tulchan Communications +44(0) 207 353 4200

David Shriver

Jonathan Sibun


About The Sage Group plc

Sage Group plc is a leading global provider of business management software to small and medium sized companies, creating greater freedom for them to succeed. Sage understands how and why each business is unique. We provide products and services that suit varying needs, are a pleasure to use and are secure and efficient. 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 13,380 employees in 24 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia and Brazil. For further information please visit 

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