Man Group plc Transaction in Own Shares (1136N)
October 20 2016 - 12:59PM
UK Regulatory
TIDMEMG
RNS Number : 1136N
Man Group plc
20 October 2016
Transaction in own shares
Man Group plc (the "Group") announces that on 20 October 2016 it
purchased for cancellation 351,962 of its ordinary shares at an
average price of 122.9543 pence per ordinary share pursuant to its
$100 million share repurchase programme, details of which were
announced on 14 October 2016. The highest price paid per share was
123.4 pence and the lowest price paid per share was 122.2 pence
with a weighted average price of 122.9543 pence per share. 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: 351,962
Date of transaction: 20 October 2016
Time of transaction: 08:30 - 16:35
Price: 122.9543p
Broker: Merrill Lynch International
Since the commencement of the share repurchase programme, the
Group has repurchased 351,962 ordinary shares in aggregate at a
weighted average price of 122.9543 pence per share.
Following the cancellation of these shares, the remaining number
of ordinary shares in issue will be 1,702,961,664.
The Company does not hold any shares in treasury.
All transactions under this programme will be published on the
Company's website (www.man.com) on a weekly basis.
Enquiries:
Andrea Waters
Head of Investor Relations
+44 20 7144 3508
andrea.waters@man.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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