Transaction in Own Shares

RNS Number : 7951A

Man Group plc

24 January 2020

 

Transaction in own shares

This announcement relates to a transaction in own shares that should have been made by 7.30am on the 17^th January 2020 however due to an administrative error the announcement was delayed.

Man Group plc (the "Company") announces that on 16 January 2020 it purchased 105,242 of its ordinary shares with a weighted average price of 151.4006 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 153.40 pence and the lowest price paid per share was 149.95 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: 105,242

Date of transaction: 16/01/2020

Time of transaction: 08.10 to 16.40

Price: 151.4006p

Broker: Credit Suisse Securities (Europe) Limited

Since the commencement of the share repurchase programme, the Company has repurchased 15,693,286 ordinary shares in aggregate at a weighted average price of 149.42513 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 26,451,995 of its ordinary shares in treasury and will have 1,515,342,775 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]

 

END

 

 

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