Transaction in Own Shares

RNS Number : 1438Q

Man Group plc

16 October 2019

 

Transaction in own shares

Man Group plc (the "Company") announces that on 16 October 2019 it purchased 900,000 of its ordinary shares with a weighted average price of 151.3080 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 14 October 2019.  The highest price paid per share was 154.45 pence and the lowest price paid per share was 149.45 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: 900,000

Date of transaction: 16/10/2019

Time of transaction: 08.25 to 16.30

Price: 151.3080

Broker: Credit Suisse Securities (Europe) Limited

Since the commencement of the share repurchase programme, the Company has repurchased 2,083,412 ordinary shares in aggregate at a weighted average price of 153.51456 pence per share.

The Company intends to hold the purchased shares in treasury.  Following the purchase and settlement of these shares, the Company will hold 13,105,993 of its ordinary shares in treasury and will have 1,528,688,777 ordinary shares in issue (excluding treasury shares).

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

Enquiries

Fiona Smart

Head of Investor Relations

[phone]

[e-mail]

 

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