Informa PLC Transaction in Own Shares (8859O)
June 15 2022 - 1:00AM
UK Regulatory
TIDMINF
RNS Number : 8859O
Informa PLC
15 June 2022
Informa PLC Press Release
15 June 2022
Informa Share Buyback Programme
Update on GAP II shareholder returns
Informa (LSE: INF.L), the international B2B Markets, Knowledge
Services and Business Intelligence Group today provided an update
on its Share Buyback Programme that forms part of the 2021-2024
Growth Acceleration Plan II ('GAP II').
Share Buyback Programme
GAP II is Informa's four-year programme to create a more
focused, higher growth business. This will see the Group accelerate
investment in its two businesses with scale leadership positions,
B2B Markets and Academic Markets, and divest of its Informa
Intelligence portfolio of businesses.
Following the completion of the first tranche of the Share
Buyback Programme, which saw GBP100m of capital returned to
shareholders, on 15 March 2022, the Company announced a second
tranche, committing a further GBP200m to share buybacks.
As part of this second tranche, on 14 June 2022, the Company
purchased 731,190 ordinary shares for cancellation through Merrill
Lynch International at an average price of 506.9470 pence per
share.
The highest and lowest purchase price paid per share were 516.0p
and 498.9p respectively, with the aggregate details of shares
purchased by trading venue as outlined in the table below:
Trading venue Weighted average price Aggregate number of Lowest price paid per Highest price paid per
paid per share (GBp) shares purchased share share
(GBp) (GBp)
London Stock Exchange 506.5779 491,000 500.0000 516.0000
Chi-X (CXE) 507.8612 127,000 498.9000 516.0000
BATS (BXE) 507.5219 113,190 499.1000 516.0000
Following settlement of the above purchases and cancellation of
the purchased ordinary shares, the Company's total number of
ordinary shares in issue, and its total voting rights, will be
1,458,489,702 ordinary shares. The Company does not hold any shares
in Treasury.
In accordance with Article 5(1)(b) of the Market Abuse
Regulation, a full breakdown of the individual trades made as part
of the buyback programme is detailed in the attachment.
http://www.rns-pdf.londonstockexchange.com/rns/8859O_1-2022-6-14.pdf
Enquiries
Richard Menzies-Gow, Director of IR
& Communications +44 (0) 20 8052 2787
Heledd Hanscomb, Deputy Company Secretary +44 (0) 20 8052 0661
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