Transaction in Own Shares

RNS Number : 3345N

Man Group plc

24 October 2016

 

Transaction in own shares

Man Group plc (the "Group") announces that on 24 October 2016 it purchased for cancellation 490,578 of its ordinary shares at an average price of 124.5838 pence per ordinary share pursuant to its $100 million share repurchase programme, details of which were announced on 14 October 2016. The highest price paid per share was 125.0 pence and the lowest price paid per share was 123.0 pence with a weighted average price of 124.5838 pence per share. 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: 490,578

Date of transaction: 24 October 2016

Time of transaction: 08:20 - 16:35

Price: 124.5838p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Group has repurchased 1,159,803 ordinary shares in aggregate at a weighted average price of 123.6347 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,702,153,823.

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:

Andrea Waters
Head of Investor Relations
[phone]
[e-mail]

 

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