REG - Man Group plc - Transaction in Own Shares

ManAnnouncement

30/03/2023 18:00

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RNS Number : 8449U  Man Group plc  30 March 2023

Transactions in own shares

 

Man Group plc (the "Company") announces that it has purchased the following
number of its ordinary shares of 3 3/7 US cents on the London Stock Exchange
as part of its US$125 million share buyback programme announced on 9 March
2023.

 

 Date of purchase:                     30 March 2023

 Number of ordinary shares purchased:  296,290

 Time of transaction:                  08:00 to 16:10

 Highest price per share:              248.2000

 Lowest price per share:               240.6000

 Weighted average price per share:     244.1032

 

The Company intends to hold the purchased shares in treasury. Following the
purchase and settlement of these shares, the Company will hold 105,630,798 of
its ordinary shares in treasury and will have 1,207,719,161 ordinary shares in
issue (excluding treasury shares).

 

Since the commencement of the share repurchase programme, the Company has
repurchased 34,750,241 ordinary shares in aggregate at a weighted average
price of 245.3651 pence per share.

 

Following the transaction noted above, the Company has now purchased
136,949,799 of the maximum 136,949,799 ordinary shares that it was authorised
by shareholders to repurchase at the Company's 2022 AGM.   As a result, the
$125 million share buyback programme announced on 9 March 2023 will now be
paused and will resume subject to the resolution seeking authority to
repurchase up to 124,190,442 ordinary shares being passed by shareholders at
the Company's forthcoming AGM on 5 May 2023.

All transactions under this programme will be published on the Company's
website (www.man.com) on a weekly basis.

 

The table below contains detailed information about the purchases made as part
of the buyback programme.

 

Schedule of Purchases

 

Shares purchased: 296,290 (ISIN: JE00BJ1DLW90)

 

Date of purchases: 30 March 2023

 

Investment firm: J.P. Morgan Securities plc

 

Aggregated information:

 

 Venue                  Lowest price per share  Highest price per share  Aggregated volume  Weighted average purchase price
 London Stock Exchange  240.6000                248.2000                 296,290            244.1032
 BATS Europe            -                       -                        -                  -

 

Enquiries

Karan Shirgaokar

Director, Head of Investor Relations

+44 (0)20 7144 1434

investor.relations@man.com

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