Man Group plc Transaction in Own Shares (8988W)
December 13 2019 - 12:03PM
UK Regulatory
TIDMEMG
RNS Number : 8988W
Man Group plc
13 December 2019
Transaction in own shares
Man Group plc (the "Company") announces that on 13 December 2019
it purchased 218,188 of its ordinary shares with a weighted average
price of 157.1254 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 158.0
pence and the lowest price paid per share was 155.95 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: 218,188
Date of transaction: 13/12/2019
Time of transaction: 11.25 to 16.40
Price: 157.1254p
Broker: Credit Suisse Securities (Europe) Limited
Since the commencement of the share repurchase programme, the
Company has repurchased 14,437,415 ordinary shares in aggregate at
a weighted average price of 148.89410 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 25,308,330 of its ordinary shares in treasury and will
have 1,516,486,440 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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