Micro Focus Int plc

Transaction in Own Shares

RNS Number : 8086S
Micro Focus International plc
14 March 2019
 

               

Micro Focus International plc

14 March 2019

 

Transaction in own shares

 

Micro Focus International plc (the "Company") announces that on 13 March 2019 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its $110 million extended share buyback programme, details of which were announced on 14 February 2019.

 

Description of shares: Micro Focus International plc - ordinary shares of 10 pence

 

Number of shares repurchased: 128,090

 

Date of transaction: 13 March 2019

 

Time of transaction: 08.00 - 16.28

 

Volume weighted average price paid per share: 1,902.7217 pence

 

Lowest price paid per share: 1,870.50 pence

 

Highest price paid per share: 1,916.50 pence

 

Broker: Citigroup Global Markets Limited ("Citi")

 

Of the ordinary shares purchased by the Company, 20,000 ordinary shares were purchased through Citi acquiring ADRs representing ordinary shares of the Company on the New York Stock Exchange, cancelling the ADRs in return for the underlying ordinary shares and selling the underlying ordinary shares to the Company.

 

Aggregated information on shares purchased according to trading venues:

 

Venue

Volume weighted Average Price (GBP)

Aggregated Volume

XLON

19.0190

67,451

CHIX

19.0366

60,361

BATE

18.9940

278

 

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 411,573,746 (excluding Treasury shares), and the Company will hold 25,536,655 ordinary shares in Treasury.

 

The figure of 411,573,746 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

 

http://www.rns-pdf.londonstockexchange.com/rns/8086S_1-2019-3-13.pdf

 

 

 

 

For further information, please contact:

 

Micro Focus International plc

 

Tim Brill, IR Director                                                                                       Tel: +44 (0) 1635 32646

 

 


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