REG - Sage Group PLC - Statement re Archer lawsuit finding <Origin Href="QuoteRef">SGE.L</Origin>

SageAnnouncement

28/08/2015 07:50

RNS Number : 4109X
Sage Group PLC
28 August 2015
28 August 2015
The Sage Group plc 
Statement regarding Archer lawsuit finding
The Sage Group plc ("Sage") notes that judgment has been received in respect of the claim for damages made by the former shareholders of MYOB (including funds managed by Archer Capital ("the Applicants") relating to Sage's potential purchase of MYOB in 2011. The Applicants' claims have been dismissed on all counts and Sage will be taking steps to recover costs incurred by it in defending the proceedings.
Enquiries:
Tulchan Communications +44 (0) 20 7353 4200
David Shriver
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