Transaction in Own Shares

RNS Number : 2571B

Man Group plc

31 March 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 31 March 2017 it purchased for cancellation 255,896 of its ordinary shares with a weighted average price of 147.1191 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 148.0 pence and the lowest price paid per share was 146.1 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: 255,896

Date of transaction: 31 March 2017

Time of transaction: 08:10 - 16:35

Price: 147.1191p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 45,416,173 ordinary shares in aggregate at a weighted average price of 127.0949 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,666,569,590. (Note: This figure takes into account the issue and allotment of 17,026 ordinary shares on 31 March 2017 in order to satisfy the exercise of options under the Company's Sharesave Scheme.

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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