Sage Group PLC SGE Holding(s) in Company

  Sage Group PLC (SGE) - Holding(s) in Company

RNS Number : 7722C
Sage Group PLC
04 May 2012




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer of       The Sage Group plc
existing shares to which voting rights are attached:



2 Reason for the notification (please tick the appropriate box or boxes):


An acquisition or disposal of voting rights                                  X


An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights
are attached


An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):                                                      

                                                                            



3. Full name of person(s) subject to the           Lloyds Banking Group plc
notification obligation:


4. Full name of shareholder(s) (if different from  See Section 9.
3.):


5. Date of the transaction and date on which the   3 May 2012
threshold is crossed or reached:


6. Date on which issuer notified:                  4 May 2012


7. Threshold(s) that is/are crossed or reached:    Indirect holdings decreased
                                                   below 6%




8. Notified details:
A: Voting rights attached to shares


Class/type of  Situation previous    Resulting situation after the triggering
shares         to the triggering     transaction
               transaction
if possible    Number     Number     Number  Number of voting  % of voting
using          of         of         of      rights            rights
the ISIN CODE  Shares     Voting     shares
                          Rights     Direct  Direct Indirect   Direct Indirect
Ord 1p         79,429,345 79,429,345                75,790,933        5.900%
GB0008021650



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration Exercise/  Number of voting      % of voting
instrument        date       Conversion rights that may be    rights
                             Period     acquired if the
                                        instrument is
                                        exercised/ converted.

                                        
N/A



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction


Type of       Exercise   Expiration   Exercise/   Number of    % of voting
financial     price      date         Conversion  voting       rights
instrument                            period      rights
                                                  instrument   
                                                  refers to
                                                               Nominal  Delta

                                                                          



Total (A+B+C)


Number of voting rights Percentage of voting rights
75,790,933              5.900%











9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


74,283,712 shares (5.783%) are under the control of Scottish Widows Investment
Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment
Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd,
a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of
Lloyds Banking Group plc.







Proxy Voting:


10. Name of the proxy holder:                                    N/A


11. Number of voting rights proxy holder will cease to hold:     N/A


12. Date on which proxy holder will cease to hold voting rights: N/A





13. Additional information:   Notification using the Total Voting Rights
                              figure of 1,284,521,700

14. Contact name:             Andrew Kellett


15. Contact telephone number: 0113 235 7729





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


HOLFZLFBLEFLBBB -0- May/04/2012 11:22 GMT