Transaction in Own Shares

RNS Number : 5509M

Man Group plc

11 May 2020

 

Transaction in own shares

Man Group plc (the "Company") announces that on 11 May 2020 it purchased 447,551 of its ordinary shares with a weighted average price of 132.8944 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 134.40 pence and the lowest price paid per share was 132.00 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: 447,551

Date of transaction: 11/05/2020

Time of transaction: 08:15 to 16:40

Price: 132.8944p

Broker: Credit Suisse Securities (Europe) Limited

Since the commencement of the share repurchase programme, the Company has repurchased 56,555,128 ordinary shares in aggregate at a weighted average price of 130.63314 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 58,741,811 of its ordinary shares in treasury and will have 1,483,052,959 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

Alex Dee

Head of Investor Relations

[phone]

[e-mail]

 

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