Man Group plc Transaction in Own Shares (2598K)
April 20 2020 - 11:39AM
UK Regulatory
TIDMEMG
RNS Number : 2598K
Man Group plc
20 April 2020
Transaction in own shares
Man Group plc (the "Company") announces that on 20 April 2020 it
purchased 937,102 of its ordinary shares with a weighted average
price of 126.1862 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 127.60
pence and the lowest price paid per share was 124.40 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: 937,102
Date of transaction: 20/04/2020
Time of transaction: 8:00 to 16:40
Price: 126.1862p
Broker: Credit Suisse Securities (Europe) Limited
Since the commencement of the share repurchase programme, the
Company has repurchased 48,740,969 ordinary shares in aggregate at
a weighted average price of 130.56489 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 50,927,652 of its ordinary shares in treasury and will
have 1,490,867,118 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
Alex Dee
Head of Investor Relations
+44 20 7144 1370
Alex.Dee@man.com
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END
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