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REG - Jupiter Fund Mgmt - Update on share buyback programme

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RNS Number : 5376K  Jupiter Fund Management PLC  22 December 2022

Jupiter Fund Management plc

(the "Company" or "Jupiter")

 

22 December 2022

 

Update on share buyback programme

On 24 October 2022, Jupiter announced the commencement of a share buyback
programme to purchase ordinary shares of 2 pence each in the capital of the
Company ("Ordinary Shares") for up to a maximum consideration of £10 million
(the "Programme").  The Programme was scheduled to end no later than 31
December 2022. However, since the commencement of the Programme, the Company
notes that it has only repurchased 6,673,459 Ordinary Shares (as at the close
of business on 21 December 2022), for a total aggregate consideration of £8
million.

Accordingly, the Company confirms that the Programme will be extended and will
continue beyond 31 December 2022, until such time as the total amount spent on
purchasing Ordinary Shares under the Programme is as near as practicable to
the previously announced maximum consideration of £10 million.

No other terms of the Programme have changed and therefore these remain as
outlined in the Company's announcement of 24 October 2022.

 For further information please contact:

 Jupiter               Alex James (Investors)  Despina Constantinides (Media)

                       +44 (0)20 3817 1636     +44 (0)20 3817 1278

 

LEI Number: 5493003DJ1G01IMQ7S28

 

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