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Transaction in Own Shares

30 Oct 2018 17:50

RNS Number : 7789F
Man Group plc
30 October 2018
 

Transactions in own shares

 

Man Group plc (the "Company") announces that it has purchased the following number of its ordinary shares of 3 3/7 US cents on the London Stock Exchange through J.P. Morgan Securities plc as part of its US$50 million share repurchase programme announced on 22 October 2018.

 

Date of purchase:

30 October 2018

 

Number of ordinary shares purchased:

240,968

 

Time of transaction:

08:00 to 16:30

 

Highest price per share:

155.7000

 

Lowest price per share:

152.1500

 

Weighted average price per share:

154.8478

 

 

The Company intends to hold the purchased shares in treasury. Following the purchase and settlement of these shares, the Company will hold 36,873,910 of its ordinary shares in treasury and will have 1,573,268,403 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 11,076 ordinary shares on 30 October 2018 in order to satisfy the exercise of options under the Company's Sharesave Scheme).

 

Since the commencement of the share repurchase programme, the Company has repurchased 3,314,987 ordinary shares in aggregate at a weighted average price of 149.1480 pence per share.

 

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

 

Enquiries

 

Fiona Smart

 

Head of Investor Relations

 

+44 20 7144 2030

 

fiona.smart@man.com

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