Transaction in Own Shares

RNS Number : 2787J

Man Group plc

08 April 2020

 

Transaction in own shares

Man Group plc (the "Company") announces that on 8 April 2020 it purchased 1,251,696 of its ordinary shares with a weighted average price of 121.4463 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 123.10 pence and the lowest price paid per share was 118.20 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: 1,251,696

Date of transaction: 08/04/2020

Time of transaction: 8:05 to 16:40

Price: 121.4463p

Broker: Credit Suisse Securities (Europe) Limited

Since the commencement of the share repurchase programme, the Company has repurchased 41,876,175 ordinary shares in aggregate at a weighted average price of 131.47996 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 44,062,858 of its ordinary shares in treasury and will have 1,497,731,912 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 50,000 ordinary shares on 8 April 2020 in order to satisfy the exercise of options under the Company's Sharesave Scheme).

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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