Transaction in Own Shares

RNS Number : 8418M

Informa PLC

26 May 2022

 

Informa PLC Press Release

26 May 2022

Informa Share Buyback Programme

Update on GAP II shareholder returns

Informa (LSE: INF.L), the international B2B Markets, Knowledge Services and Business Intelligence Group today provided an update on its Share Buyback Programme that forms part of the 2021-2024 Growth Acceleration Plan II ('GAP II').

Share Buyback Programme

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.

Following the completion of the first tranche of the Share Buyback Programme, which saw £100m of capital returned to shareholders, on 15 March 2022, the Company announced a second tranche, committing a further £200m to share buybacks.

As part of this second tranche, on 25 May 2022, the Company purchased 577,725 ordinary shares for cancellation through Merrill Lynch International at an average price of 545.7880 pence per share.

The highest and lowest purchase price paid per share were 550.40p and 540.40p respectively, with the aggregate details of shares purchased by trading venue as outlined in the table below:

Trading venue	Weighted average price paid per share (GBp)	Aggregate number of shares purchased	Lowest price paid per share (GBp)	Highest price paid per share (GBp)
London Stock Exchange	545.6659	393,000	541.0000	550.2000
Chi-X (CXE)	546.0251	112,000	540.6000	550.4000
BATS (BXE)	546.0824	72,725	540.4000	550.2000

Following settlement of the above purchases and cancellation of the purchased ordinary shares, the Company's total number of ordinary shares in issue, and its total voting rights, will be 1,466,594,753 ordinary shares.  The Company does not hold any shares in Treasury.

In accordance with Article 5(1)(b) of the Market Abuse Regulation, a full breakdown of the individual trades made as part of the buyback programme is detailed in the attachment.

http://www.rns-pdf.londonstockexchange.com/rns/8418M_1-2022-5-25.pdf

Enquiries
Richard Menzies-Gow, Director of IR & Communications	[phone]
Heledd Hanscomb, Deputy Company Secretary	[phone]

 

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