RNS Number : 6241H
Man Group plc
13 March 2018
Transaction in our own shares
Man Group plc (the "Company") announces that on 13th March 2018 it purchased for cancellation 763,399 of its ordinary shares with a weighted average price of 172.7617 pence per ordinary share pursuant to its US$100 million share repurchase programme, details of which were announced on 13th October 2017. The highest price paid per share was 175.70 pence and the lowest price paid per share was 169.95 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: 763,399
Date of transaction: 13 March 2018
Time of transaction: 08:05 - 16:35
Broker: Credit Suisse Securities (Europe) Limited
Since the commencement of the share repurchase programme, the Company has repurchased 31,729,611 ordinary shares in aggregate at a weighted average price of 186.2407 pence per share.
Following the cancellation of these shares, the remaining number of ordinary shares in issue will be 1,624,654,470. (Note: This figure takes into account the issue and allotment of 2,336,686 ordinary shares on 13 March 2018 pursuant to the vesting of awards under various partner share plans and the issue and allotment of 22,000 ordinary shares on 13 March 2018 in order to satisfy the exercise of options under the Company's Sharesave Scheme.)
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.
Head of Investor Relations
+44 20 7144 2030
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