REG - Informa PLC - Transaction in Own Shares

InformaAnnouncement

05/10/2022 09:34

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RNS Number : 7765B  Informa PLC  05 October 2022

Informa PLC Press Release

05 October 2022

Informa Share Buyback Programme

Update on GAP II shareholder returns

Informa (LSE: INF.L), the international Academic Markets, B2B Markets and
Digital Services 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 includes accelerated investment in its two businesses
with scale leadership positions, B2B Markets and Academic Markets, and the
divestment of its Informa Intelligence portfolio of businesses.

GAP II also includes a commitment to accelerate shareholder returns, sharing
some of the divestment proceeds with shareholders, alongside increased
investment into the Group's two leadership businesses. This led to the
resumption of ordinary dividends and the commencement of a Share Buyback
Programme. Following the completion of the divestment of the Informa
Intelligence Division, Informa expanded this Share Buyback Programme up to
£725m.

As part of this Share Buyback, on 04 October 2022, the Company purchased
124,999 ordinary shares for cancellation through Morgan Stanley & Co.
International plc at an average price of 533.18 pence per share.

The highest and lowest purchase price paid per share were 538.20 and 521.40
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  533.47                                       33,244                                523.40                       538.20
 Chi-X (CXE)            533.00                                       67,047                                521.40                       538.20
 BATS (BXE)             532.63                                       18,318                                523.00                       538.00
 AQUIS (AQXE)           535.18                                       6,390                                 530.00                       538.00

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 1,436,133,224 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/7765B_1-2022-10-4.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7765B_1-2022-10-4.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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