Last checked at 1 Jun 2022 17:34
Informa LEI: 5493006VM2LKUPSEDU20 |
Informa PLC Press Release
1 June 2022
Informa Share Buyback Programme
Total Voting Rights
Informa (LSE: INF.L), the international B2B Markets, Knowledge Services and Business Intelligence Group today provided an update on the Total Voting Rights at the Company following the continuation of its Share Buyback Programme that forms part of the 2021-2024 Growth Acceleration Plan II.
Growth Acceleration Plan II ("GAP II")
GAP II is Informa's four-year programme to create a more focused, higher growth business. This will see the Group accelerate investment in its two businesses with scale leadership positions, B2B Markets and Academic Markets, and divest of its Informa Intelligence portfolio of businesses.
Share Buyback Programme
Alongside investing for growth, the Group intends to return a proportion of divestment proceeds to shareholders. Following a binding agreement for the sale of its Pharma Intelligence business for £1.9bn on 10 February 2022, the Company commenced a Share Buyback Programme and, as at 31 May 2022, has repurchased and cancelled 42,699,714[1] ordinary shares.
Total Voting Rights
As a result, at 31 May 2022, the total issued share capital of the Company, and its total voting rights, consisted of 1,465,413,090 ordinary shares of 0.1 pence each. The Company does not hold any shares in Treasury.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
This disclosure is given in accordance with DTR 5.6.1 of the Disclosure Guidance and Transparency Rules.
Enquiries | |
Informa PLC Heledd Hanscomb, Deputy Company Secretary |
+44 (0)20 8052 0400 |
[1] This figure does not include the shares repurchased on 30 and 31 May which had not been cancelled by close of business on 31 May 2022.