Science Group Regulatory News (SAG)

Sagentia Group plc

("Sagentia", the "Company" or the "Group")

Acquisition of OTM Consulting Limited and Notice of Interim Results

Sagentia Group plc (AIM:SAG) has acquired the entire share capital of OTM Consulting Limited ("OTM"), and its wholly owned US subsidiary (together "OTM Group"), an international technology management consultancy specialising in the oil, gas and alternative energy sectors.

OTM is based in Guildford, Surrey, with offices in Houston, USA and Dubai. Founded in 1993 by Managing Director and (including family holdings) controlling shareholder, Chris Dudgeon, OTM Group employs 35 staff and has established a blue-chip customer base in the sector, including BP, ConocoPhillips, Schlumberger, Shell and Statoil. The acquisition is expected to enable Sagentia to accelerate its development in this identified growth and investment area. Chris Dudgeon will remain with the business as Managing Director.

In the year to 31 December 2012, OTM Group generated revenue (in accordance with Sagentia's accounting policies) of £4.3 million and profit before tax of £0.8 million, with net assets of £1.3 million as at 31 December 2012. At 30 June 2013, OTM Group had £1.1 million in cash. The consideration, of £6.5 million comprises £5.3 million in cash, payable out of Sagentia's existing cash resources, and 944,139 Sagentia shares, equivalent to £1.2 million at the average closing mid-market price of 127.1 pence on the 5 dealing days immediately prior to Completion. The Sagentia shares will be issued from the Group's Treasury shares holding and are subject to a three year lock-in period. There is no deferred consideration.

The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 37,759,730. Sagentia holds 4,282,305 shares in treasury.

Sagentia anticipates the acquisition of OTM will be earnings enhancing in the current financial year.

The Group's Interim Results for the period ended 30 June 2013, which will not include any contribution from OTM, will be released on Wednesday 24 July 2013.

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