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Transaction in Own Shares

14 May 2020 17:35

RNS Number : 9777M
Man Group plc
14 May 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 14 May 2020 it purchased 739,735 of its ordinary shares with a weighted average price of 128.5978 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 132.95 pence and the lowest price paid per share was 126.00 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: 739,735

 

Date of transaction: 14/05/2020

Time of transaction: 08:25 to 16:40

 

Price: 128.5978p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 58,454,397 ordinary shares in aggregate at a weighted average price of 130.67253 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 60,641,080 of its ordinary shares in treasury and will have 1,481,153,690 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.
 
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