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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sage Group Plc | LSE:SGE | London | Ordinary Share | GB00B8C3BL03 | ORD 1 4/77P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 22.50 | 1.94% | 1,183.00 | 1,181.00 | 1,182.00 | 1,183.50 | 1,162.50 | 1,167.50 | 1,271,576 | 16:35:09 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Prepackaged Software | 2.18B | 211M | 0.2059 | 57.38 | 12.11B |
From May 2019 to May 2024
TIDMSGE
RNS Number : 9911H
Sage Group PLC
09 December 2020
Disposal of Polish business
9 December 2020
In its full year results announcement on 20 November 2020, T he Sage Group plc ("Sage") announced that its Polish business was held for sale. Sage today announces that it has entered into an agreement for the sale of this business to funds advised by Mid Europa Partners LLP.
For the year ended 30 September 2020, Sage's Polish business achieved revenue of GBP21m (FY19: GBP19m) and operating profit of GBP4m (FY19: GBP4m). The sale consideration is approximately GBP66m, payable in cash on completion (subject to a customary net debt and working capital adjustment). The transaction, which is subject to antitrust approval, is expected to complete in early 2021.
Enquiries
The Sage Group plc +44 (0) 191 294 3457
James Sandford, VP, Investor Relations
Amy Lawson, EVP Communications
Derk Bleeker, Chief Corporate Development Officer
FTI Consulting +44 (0) 20 3727 1000
Charles Palmer
Dwight Burden
About Sage
Sage is the global market leader for technology that provides small and medium businesses with the visibility, flexibility and efficiency to manage finances, operations and people. With our partners, Sage is trusted by millions of customers worldwide to deliver the best cloud technology and support. Our years of experience mean that our colleagues and partners understand how to serve our customers and communities through the good, and more challenging times. We are here to help, with practical advice, solutions, expertise and insight.
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END
DISUWORRRNUURUA
(END) Dow Jones Newswires
December 09, 2020 02:00 ET (07:00 GMT)
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