Man Group plc

Transaction in Own Shares

RNS Number : 8031Z
Man Group plc
14 January 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 14 January 2020 it purchased 70,594 of its ordinary shares with a weighted average price of 153.1471 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 153.90 pence and the lowest price paid per share was 152.25 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: 70,594

 

Date of transaction: 14/01/2020

               

Time of transaction: 08.05 to 16.30

 

Price: 153.1471p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 15,447,433 ordinary shares in aggregate at a weighted average price of 149.38647 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 26,206,142 of its ordinary shares in treasury and will have 1,515,588,628 ordinary shares in issue (excluding treasury shares). (Note: This figure takes into account the transfer from treasury of 59,040 ordinary shares on 14 January 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

+44 20 7144 1370

[email protected]


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