Transaction in Own Shares
Informa PLC Press Release
17 May 2024
Informa Share Buyback Programme
Update on shareholder returns
Informa PLC ('the Company') (LSE: INF.L), the international B2B Events, Specialist Data, Digital Services and Academic Markets Group today provided an update on its Share Buyback programme
Share Buyback Programme
In February 2022, as part of its commitment to accelerate shareholder returns, Informa announced a share buyback programme of up to £1bn. The buyback programme was extended by £150m on 14 November 2023, a further £250m on 8 March 2024, and an additional £160m on 8 May 2024 taking the total programme to £1.56bn.
As part of the extended share buyback, on 16 May 2024, the Company purchased 471,841 ordinary shares for cancellation through Morgan Stanley & Co. International plc at an average price of 847.73 pence per share. The highest and lowest purchase price paid per share were 850.20 and 843.20 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 |
Highest price paid per share |
|
London Stock Exchange |
847.98 |
210,530 |
843.20 |
850.20 |
|
Chi-X (CXE) |
847.46 |
175,708 |
843.20 |
850.00 |
|
BATS (BXE) |
847.84 |
44,002 |
843.20 |
850.00 |
|
AQUIS (AQXE) |
847.47 |
41,601 |
843.20 |
850.00 |
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 1,351,587,786 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/8064O_1-2024-5-16.pdf
|
Enquiries |
|
|
Richard Menzies-Gow, Director of IR & Communications |
+44 (0) 20 8052 2787 |
|
Heledd Hanscomb, Deputy Company Secretary |
+44 (0) 20 8052 0661 |
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