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Transaction in Own Shares

18 Mar 2020 17:50

RNS Number : 7046G
Man Group plc
18 March 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 18 March 2020 it purchased 928,265 of its ordinary shares with a weighted average price of 100.0165 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 14 October 2019. The highest price paid per share was 106.00 pence and the lowest price paid per share was 94.92 pence. Details of the relevant repurchase transactions are set out below:

 

Description of shares: Man Group plc - ordinary shares 3 3/7 cents

 

Number of shares repurchased: 928,265

 

Date of transaction: 18/03/2020

Time of transaction: 08.00 to 16.20

 

Price: 100.0165p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 31,148,362 ordinary shares in aggregate at a weighted average price of 135.41457 pence per share.

 

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 33,385,045 of its ordinary shares in treasury and will have 1,508,409,725 ordinary shares in issue (excluding treasury shares).

 

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

 

Enquiries

 

Alex Dee

Head of Investor Relations

+44 20 7144 1370

Alex.Dee@man.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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