Transaction in Own Shares

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Regulatory News | 23 Jan, 2020

Updated : 18:00

RNS Number : 7901A
Man Group plc
23 January 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 23 January 2020 it purchased 94,291 of its ordinary shares with a weighted average price of 150.4044 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 152.55 pence and the lowest price paid per share was 149.35 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: 94,291

 

Date of transaction: 23/01/2020

               

Time of transaction: 08.20 to 16.40

 

Price: 150.4044p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 16,018,332 ordinary shares in aggregate at a weighted average price of 149.49793 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 26,777,041 of its ordinary shares in treasury and will have 1,515,017,729 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

 

Alex Dee

Head of Investor Relations

+44 20 7144 1370

Alex.Dee@man.com


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