Share Repurchases

RNS Number : 9104X

Experian plc

11 May 2016

 

Experian plc

Share Repurchases

11 May 2016 - Experian plc, the global information services company (the "Company"), hereby notifies the market that, as announced earlier on 11 May 2016, the Company will continue to repurchase shares, through a US$400m share repurchase programme (which includes completion of the extended programme announced in November 2015), to be undertaken up to 31 May 2017 and subject to trading conditions.

The repurchases are to be carried out pursuant to and in accordance with the authority conferred by the Company's shareholders at the Company's annual general meeting held on 22 July 2015 for up to a maximum of 98,516,227 of its ordinary shares, during the period commencing 11 May 2016 and ending on the expiry of the Company's existing shareholder authority to purchase the shares.

It is intended that the shares purchased by the Company under the programme will be cancelled.

Any share repurchases by the Company will be effected in accordance with the Company's general authority to purchase its own shares and Chapter 12 of the UK Listing Authority's Listing Rules which requires that the maximum price is an amount not higher than (i) 105 per cent of the average market value of the Company's shares for the five business days immediately preceding the date on which the Company's shares are purchased, and (ii) that stipulated by Article 5 (1) of the Buy Back and Stabilisation Regulation or, from 3 July 2016, Commission-adopted Regulatory Technical Standards pursuant to article 5 (6) of the Market Abuse Regulation (EU No.596/2014).

Contact:

Experian

Ronan Hanna             Deputy Company Secretary           [phone]

About Experian 

We are the leading global information services company, providing data and analytical tools to our clients around the world. We help businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. We also help people to check their credit report and credit score, and protect against identity theft. In 2015, we were named by Forbes magazine as one of the 'World's Most Innovative Companies'.

We employ approximately 17,000 people in 37 countries and our corporate headquarters are in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2016 was US$4.6 billion.

To find out more about our company, please visit http://www.experianplc.com or watch our documentary, 'Inside Experian'.

Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.

 

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