TIDMMCRO

RNS Number : 4801B

Micro Focus International plc

21 September 2018

Micro Focus International plc

21 September 2018

Transaction in own shares

Micro Focus International plc (the "Company") announces that on 20 September 2018 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its $200 million share buyback programme, details of which were announced on 29 August 2018.

Description of shares: Micro Focus International plc - ordinary shares of 10 pence

Number of shares repurchased: 192,026

Date of transaction: 20 September 2018

Time of transaction: 08.00 - 16.29

Volume weighted average price paid per share: 1,336.44 pence

Lowest price paid per share: 1,318.00 pence

Highest price paid per share: 1,354.00 pence

Broker: Citigroup Global Markets Limited ("Citi")

Of the ordinary shares purchased by the Company, 27,000 ordinary shares were purchased through Citi acquiring ADRs representing ordinary shares of the Company on the New York Stock Exchange, cancelling the ADRs in return for the underlying ordinary shares and selling the underlying ordinary shares to the Company.

Aggregated information on shares purchased according to trading venues:

 
 Venue    Volume weighted Average   Aggregated 
           Price (GBp)               Volume 
 XLON                     13.3744      139,714 
         ------------------------  ----------- 
 CHIX                     13.3383       23,601 
         ------------------------  ----------- 
 BATE                     13.3373       28,711 
         ------------------------  -----------

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 431,058,749 (excluding Treasury shares), and the Company will hold 5,564,169 ordinary shares in Treasury.

The figure of 431,058,749 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

http://www.rns-pdf.londonstockexchange.com/rns/4801B_1-2018-9-20.pdf

For further information, please contact:

Micro Focus International plc

Tim Brill, IR Director Tel: +44 (0) 1635 32646

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

POSBBLLLVKFLBBQ

(END) Dow Jones Newswires

September 21, 2018 02:00 ET (06:00 GMT)

Micro Focus (LSE:MCRO)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Micro Focus Charts.
Micro Focus (LSE:MCRO)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Micro Focus Charts.