Man Group plc Transaction in Own Shares (3345N)
October 24 2016 - 12:58PM
UK Regulatory
TIDMEMG
RNS Number : 3345N
Man Group plc
24 October 2016
Transaction in own shares
Man Group plc (the "Group") announces that on 24 October 2016 it
purchased for cancellation 490,578 of its ordinary shares at an
average price of 124.5838 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
125.0 pence and the lowest price paid per share was 123.0 pence
with a weighted average price of 124.5838 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: 490,578
Date of transaction: 24 October 2016
Time of transaction: 08:20 - 16:35
Price: 124.5838p
Broker: Merrill Lynch International
Since the commencement of the share repurchase programme, the
Group has repurchased 1,159,803 ordinary shares in aggregate at a
weighted average price of 123.6347 pence per share.
Following the cancellation of these shares, the remaining number
of ordinary shares in issue will be 1,702,153,823.
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
POSPGGCAUUPQGQC
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