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Transaction in Own Shares

19 Mar 2018 07:00

RNS Number : 0584I
Man Group plc
16 March 2018
 

 

Transaction in our own shares

 

Man Group plc (the "Company") announces that on 16th March 2018 it purchased for cancellation 1,818,864 of its ordinary shares with a weighted average price of 173.3327 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 13th October 2017. The highest price paid per share was 173.90 pence and the lowest price paid per share was 171.15 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: 1,818,864

 

Date of transaction: 16 March 2018

 

Time of transaction: 08:05 - 16:35

 

Price: 173.3327

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 34,605,965 ordinary shares in aggregate at a weighted average price of 185.0896 pence per share.

 

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,621,778,116.

 

The Company does not hold any shares in treasury.

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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