REG - Informa PLC - Informa Share Buyback Programme

InformaAnnouncement

20/05/2022 07:00

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RNS Number : 1735M  Informa PLC  20 May 2022

Informa PLC Press Release

20 May 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 £100m of capital returned to shareholders, on 15 March 2022, the
Company announced a second tranche, committing a further £200m to share
buybacks.

As part of this second tranche, on 19 May 2022, the Company purchased 570,816
ordinary shares for cancellation through Merrill Lynch International at an
average price of 548.7401 pence per share.

The highest and lowest purchase price paid per share were 552.0p and 542.2p
respectively, with the aggregate details of shares purchased by trading venue
as outlined in the table below:

 Trading venue          Weighted average price paid per share (GBp)  Aggregate number of shares purchased  Lowest price paid per share  Highest price paid per share

(GBp)
(GBp)
 London Stock Exchange  548.9448                                     380,000                               542.2000                     551.6000
 Chi-X (CXE)            548.1842                                     118,000                               542.2000                     552.0000
 BATS (BXE)             548.5724                                     72,816                                542.2000                     551.8000

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 1,468,942,630 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/1735M_1-2022-5-19.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/1735M_1-2022-5-19.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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