Transaction in Own Shares

RNS Number : 7687R

Man Group plc

13 December 2016

 

Transaction in own shares

Man Group plc (the "Company") announces that on 13 December 2016 it purchased for cancellation 1,166,807 of its ordinary shares with a weighted average price of 117.8367 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 118.9 pence and the lowest price paid per share was 115.1 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: 1,166,807

Date of transaction: 13 December 2016

Time of transaction: 08:00 - 16:35

Price: 117.8367p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 21,026,652 ordinary shares in aggregate at a weighted average price of 119.7040 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,682,368,455. (Note: This figure takes into account the issue and allotment of 15,810 ordinary shares on 13 December 2016 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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