Transaction in Own Shares

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Regulatory News | 30 Mar, 2020

Updated : 18:02

RNS Number : 1240I
Man Group plc
30 March 2020
 

Transaction in own shares

 

Man Group plc (the "Company") announces that on 30 March 2020 it purchased 1,069,622 of its ordinary shares with a weighted average price of 120.4547 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 125.60 pence and the lowest price paid per share was 117.90 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: 1,069,622

 

Date of transaction: 30/03/2020

               

Time of transaction: 8:00 to 16:40

 

Price: 120.4547p

 

Broker: Credit Suisse Securities (Europe) Limited

 

Since the commencement of the share repurchase programme, the Company has repurchased 35,028,403 ordinary shares in aggregate at a weighted average price of 133.22907 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 37,265,086 of its ordinary shares in treasury and will have 1,504,529,684 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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