Transaction in Own Shares

RNS Number : 3561Q

Man Group plc

28 November 2016

 

Transaction in own shares

Man Group plc (the "Company") announces that on 28 November 2016 it purchased for cancellation 791,251 of its ordinary shares with a weighted average price of 118.2485 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 119.4 pence and the lowest price paid per share was 117.3 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: 791,251

Date of transaction: 28 November 2016

Time of transaction: 08:10 - 16:35

Price: 118.2485p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 11,952,234 ordinary shares in aggregate at a weighted average price of 123.5542 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,691,427,063.

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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