Transaction in Own Shares

RNS Number : 8904W

Man Group plc

14 February 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 14 February 2017 it purchased for cancellation 329,941 of its ordinary shares with a weighted average price of 138.3140 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 139.0 pence and the lowest price paid per share was 137.4 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: 329,941

Date of transaction: 14 February 2017

Time of transaction: 08:10 - 16:35

Price: 138.3140p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 36,745,509 ordinary shares in aggregate at a weighted average price of 123.0123 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,672,315,054. (Note: This figure takes into account the issue and allotment of 14,594 ordinary shares on 14 February 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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