REG - Informa PLC - Transaction in Own Shares

InformaAnnouncement

27/10/2023 07:15

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RNS Number : 4645R  Informa PLC  27 October 2023

Informa PLC Press Release

27 October 2023

Informa Share Buyback Programme

Update on GAP 2 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 2 ('GAP 2').

Share Buyback Programme

GAP 2 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 2 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 a £1bn Share Buyback Programme.

As part of this Share Buyback, on 26 October 2023, the Company purchased
454,055 ordinary shares for cancellation through Morgan Stanley & Co.
International plc at an average price of 699.74 pence per share. The highest
and lowest purchase price paid per share were 704.60 and 693.60 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  699.93                                       202,630                               693.80                       704.60
 Chi-X (CXE)            699.56                                       188,045                               693.60                       704.60
 BATS (BXE)             699.80                                       55,303                                693.80                       704.40
 AQUIS (AQXE)           699.12                                       8,077                                 696.00                       702.60

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 1,381,002,835 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/4645R_1-2023-10-26.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/4645R_1-2023-10-26.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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