Transaction in Own Shares

RNS Number : 1961O

Man Group plc

02 November 2016

 

Transaction in own shares

Man Group plc (the "Company") announces that on 2 November 2016 it purchased for cancellation 533,426 of its ordinary shares with a weighted average price of 121.6524 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 123.6 pence and the lowest price paid per share was 120.8 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: 533,426

Date of transaction: 2 November 2016

Time of transaction: 08:15 - 16:35

Price: 121.6524p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 3,835,484 ordinary shares in aggregate at a weighted average price of 124.2906 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,699,483,006. (Note: This figure takes into account the issue and allotment of 4,864 ordinary shares on 1 November 2016 in order to satisfy the exercise of options under the Company's Sharesave Scheme. The announcement relating to the transaction in the Company's own shares which took place on 1 November 2016 should have stated the number of ordinary shares in issue following the cancellation of those shares as being 1,700,016,432 rather than 1,700,011,568.)

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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