Man Group plc Transaction in Own Shares (1652K)
December 11 2018 - 12:34PM
UK Regulatory
TIDMEMG
RNS Number : 1652K
Man Group plc
11 December 2018
Transactions in own shares
Man Group plc (the "Company") announces that it has purchased
the following number of its ordinary shares of 3 3/7 US cents on
the London Stock Exchange through J.P. Morgan Securities plc as
part of its US$50 million share repurchase programme announced on
22 October 2018.
Date of purchase: 11 December 2018
Number of ordinary shares
purchased: 482,858
Time of transaction: 08:00 to 16:30
Highest price per share: 140.0000
Lowest price per share: 134.5000
Weighted average price per
share: 138.2859
The Company intends to hold the purchased shares in treasury.
Following the purchase and settlement of these shares, the Company
will hold 47,542,660 of its ordinary shares in treasury and will
have 1,562,599,653 ordinary shares in issue (excluding treasury
shares). (Note: This figure takes into account the transfer from
treasury of 8,307 ordinary shares on 11 December 2018 in order to
satisfy the exercise of options under the Company's Sharesave
Scheme).
Since the commencement of the share repurchase programme, the
Company has repurchased 14,005,890 ordinary shares in aggregate at
a weighted average price of 145.8680 pence per share.
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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END
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