Transaction in Own Shares

RNS Number : 1641S

Man Group plc

16 December 2016

 

Transaction in own shares

Man Group plc (the "Company") announces that on 16 December 2016 it purchased for cancellation 425,797 of its ordinary shares with a weighted average price of 120.8362 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 121.4 pence and the lowest price paid per share was 119.6 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: 425,797

Date of transaction: 16 December 2016

Time of transaction: 08:15 - 16:30

Price: 120.8362p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 22,873,932 ordinary shares in aggregate at a weighted average price of 119.6511 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,680,521,175.

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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