REG - Informa PLC - Transaction in Own Shares

InformaAnnouncement

12/02/2024 07:00

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RNS Number : 7148C  Informa PLC  12 February 2024

Informa PLC Press Release

12 February 2024

Informa Share Buyback Programme

Update on GAP 2 shareholder returns

Informa PLC ('the Company') (LSE: INF.L), the international B2B Events,
Specialist Data, Digital Services and Academic Markets 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 the launch of a Share Buyback Programme.

On 14 November 2023, this buyback programme was extended by £150m to
£1.15bn.

As part of the extended Share Buyback, on 09 February 2024, the Company
purchased 250,279 ordinary shares for cancellation through Morgan Stanley
& Co. International plc at an average price of 798.87 pence per share. The
highest and lowest purchase price paid per share were 802.80 and 790.40
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  798.92                                       73,470                                790.40                       802.80
 Chi-X (CXE)            798.89                                       129,836                               790.60                       802.80
 BATS (BXE)             798.72                                       33,832                                794.20                       802.80
 AQUIS (AQXE)           798.74                                       13,141                                793.60                       802.80

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 1,369,344,039 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/7148C_1-2024-2-9.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7148C_1-2024-2-9.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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