TIDMSGE

RNS Number : 4420Y

Sage Group PLC

03 March 2017

3 March 2017

The Sage Group plc

Fairsail Limited acquisition

Further to the announcement made on 5 May 2016, the Sage Group plc ("Sage") today announces the agreement to acquire Fairsail Limited (Fairsail), a global cloud HCM and People management system for mid-sized businesses.

Currently a minority shareholder, the acquisition will see Sage take full ownership of Fairsail, building on the success of a shared product, Sage People, launched last year. The acquisition is expected to complete within the next 30 days.

For further information please see: www.sage.com

Enquiries:

The Sage Group plc

+44 (0) 191 294 3457

Lauren Wholley, Investor Relations

Amy Lawson, Corporate PR

Rebecca Potgieter, Corporate PR

Derk Bleeker, Corporate Development

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 03, 2017 02:55 ET (07:55 GMT)

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