Transaction in Own Shares

RNS Number : 2531T

Man Group plc

03 January 2017

 

Transaction in own shares

Man Group plc (the "Company") announces that on 3 January 2017 it purchased for cancellation 595,316 of its ordinary shares with a weighted average price of 120.3663 pence per ordinary share pursuant to its $100 million share repurchase programme, details of which were announced on 14 October 2016. The highest price paid per share was 121.0 pence and the lowest price paid per share was 119.5 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: 595,316

Date of transaction: 3 January 2017

Time of transaction: 08:10 - 16:35

Price: 120.3663p

Broker: Merrill Lynch International

Since the commencement of the share repurchase programme, the Company has repurchased 24,069,529 ordinary shares in aggregate at a weighted average price of 119.7020 pence per share.

Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,684,976,440. (Note: This figure takes into account the issue and allotment of 5,650,862 ordinary shares on 1 January 2017 offered as partial upfront consideration for the acquisition of Aalto Invest Holding AG.)

The Company does not hold any shares in treasury.

All transactions under this programme will be published on the Company's website (www.man.com) on a weekly basis.

Enquiries:

Andrea Waters
Head of Investor Relations
[phone]
[e-mail]

 

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