Man Group plc Transaction in Own Shares (1438Q)
October 16 2019 - 12:39PM
UK Regulatory
TIDMEMG
RNS Number : 1438Q
Man Group plc
16 October 2019
Transaction in own shares
Man Group plc (the "Company") announces that on 16 October 2019
it purchased 900,000 of its ordinary shares with a weighted average
price of 151.3080 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 154.45
pence and the lowest price paid per share was 149.45 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: 900,000
Date of transaction: 16/10/2019
Time of transaction: 08.25 to 16.30
Price: 151.3080
Broker: Credit Suisse Securities (Europe) Limited
Since the commencement of the share repurchase programme, the
Company has repurchased 2,083,412 ordinary shares in aggregate at a
weighted average price of 153.51456 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 13,105,993 of its ordinary shares in treasury and will
have 1,528,688,777 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
Fiona Smart
Head of Investor Relations
+44 20 7144 2030
fiona.smart@man.com
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END
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