Transaction in Own Shares

By

Regulatory News | 11 Dec, 2019

Updated : 17:50

RNS Number : 5846W
Man Group plc
11 December 2019
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 11 December 2019 it purchased 222,256 of its ordinary shares with a weighted average price of 148.1978 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 150.7 pence and the lowest price paid per share was 146.65 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: 222,256

 

Date of transaction: 11/12/2019

 

Time of transaction: 08.10 to 16.40

 

Price: 148.1978p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 14,019,227 ordinary shares in aggregate at a weighted average price of 148.76272 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 24,890,142 of its ordinary shares in treasury and will have 1,516,904,628 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

 

Fiona Smart

Head of Investor Relations

+44 20 7144 2030

fiona.smart@man.com

 


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