Transaction in Own Shares
Updated : 07:02
Micro Focus International plc
12 November 2018
Transaction in own shares
Micro Focus International plc (the "Company") announces that on 9 November 2018 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its $400 million extended share buyback programme, details of which were announced on 6 November 2018.
Description of shares: Micro Focus International plc - ordinary shares of 10 pence
Number of shares repurchased: 201,817
Date of transaction: 9 November 2018
Time of transaction: 08.00 - 16.29
Volume weighted average price paid per share: 1,291.20 pence
Lowest price paid per share: 1,274.00 pence
Highest price paid per share: 1,307.00 pence
Broker: Citigroup Global Markets Limited ("Citi")
Of the ordinary shares purchased by the Company, 29,000 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 | 1291.0228 | 83,092 |
CHIX | 1291.2699 | 67,574 |
BATE | 1291.4068 | 51,151 |
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 426,064,143 (excluding Treasury shares), and the Company will hold 10,737,098 ordinary shares in Treasury.
The figure of 426,064,143 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/9741G_1-2018-11-10.pdf
For further information, please contact:
Micro Focus International plc
Tim Brill, IR Director Tel: +44 (0) 1635 32646
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