Transaction in Own Shares

RNS Number : 1762V
Man Group plc
31 October 2017
 

 

Transaction in our own shares

 

Man Group plc (the "Company") announces that on 31st October 2017 it purchased for cancellation 368,422 of its ordinary shares with a weighted average price of 193.9427 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 13th October 2017.  The highest price paid per share was 194.90 pence and the lowest price paid per share was 192.80 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: 368,422

 

Date of transaction: 31 October 2017

 

Time of transaction: 08:15 - 16:35

 

Price: 193.9427p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 2,809,981 ordinary shares in aggregate at a weighted average price of 190.4544 pence per share.

 

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,651,095,262. (Note: This figure takes into account the issue and allotment of 141,152 ordinary shares on 31st October 2017 in order to satisfy the exercise of options under the Company's Sharesave Scheme.)

 

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

 

Fiona Smart

Head of Investor Relations

+44 20 7144 2030

fiona.smart@man.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Man Group (EMG)
UK 100

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