Man Group plc Transaction in Own Shares (5424N)
21 May 2020 - 2:45AM
UK Regulatory
TIDMEMG
RNS Number : 5424N
Man Group plc
20 May 2020
Transaction in own shares
Man Group plc (the "Company") announces that on 20 May 2020 it
purchased 400,000 of its ordinary shares with a weighted average
price of 139.6518 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 140.30
pence and the lowest price paid per share was 136.90 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: 400,000
Date of transaction: 20/05/2020
Time of transaction: 08:10 to 16:40
Price: 139.6518p
Broker: Credit Suisse Securities (Europe) Limited
Since the commencement of the share repurchase programme, the
Company has repurchased 60,634,644 ordinary shares in aggregate at
a weighted average price of 130.86765 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 62,821,327 of its ordinary shares in treasury and will
have 1,478,973,443 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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