REG - Informa PLC - Transaction in Own Shares

InformaAnnouncement

15/07/2022 07:00

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RNS Number : 5648S  Informa PLC  15 July 2022

Informa PLC Press Release

15 July 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.

As announced on 16 June 2022, following completion of the Pharma Intelligence
divestment, the Company further expanded its Share Buyback Programme to
£725m, an increase from the £300m announced within the Company's 2021 Full
Year Results Statement on 15 March. This represents c.50% of the post-tax cash
proceeds received to date from the delivery of GAP II Portfolio Focus.

As part of this extension, on 14 July 2022, the Company purchased 477,638
ordinary shares for cancellation through Merrill Lynch International at an
average price of 533.3680 pence per share.

The highest and lowest purchase price paid per share were 540.40p and 527.20p
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  533.4263                                     318,000                               527.2000                     540.4000
 Chi-X (CXE)            533.1851                                     95,045                                527.2000                     540.4000
 BATS (BXE)             533.3497                                     64,593                                527.2000                     540.0000

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 1,452,726,779 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/5648S_1-2022-7-14.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/5648S_1-2022-7-14.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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