Sage Group Plc Offer Update

30th Jun 2010 16:57

TIDMSGE RNS Number : 5792O Sage Group PLC 30 June 2010 30 June 2010 Update to Sage's offer for Teta Following the offer announced on 23rd June 2010 by The Sage Group plc ("Sage") for Teta S.A. ("Teta"), Unit 4 has today increased its own offer for Teta. Sage is reviewing its position at present and will issue a further statement in the course of Monday July 5, 2010. About The Sage Group plc The Sage Group plc is a leading global supplier of business management software and related products and services, principally for small to medium-sized enterprises. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage has 6.2 million customers and 13,100 employees worldwide. We operate in over 24 countries covering the UK, Europe, North America, South Africa, Australia, India and China. For further information please visit www.sage.com. Enquiries: The Sage Group plc +44 (0) 191 294 3068 Paul Walker, Chief Executive Paul Harrison, Finance Director Andrew Griffith, Investor Relations Tulchan +44 (0) 20 7353 4200 David Shriver This information is provided by RNS The company news service from the London Stock Exchange END OUPBUGDLXUXBGGG (END) Dow Jones Newswires June 30, 2010 11:57 ET (15:57 GMT)