BT Group PLC Transaction in Own Shares (9982R)

TIDMBT.A

RNS Number : 9982R

BT Group PLC

14 March 2016

14 March 2016

BT GROUP PLC

TRANSACTIONS IN OWN SHARES

BT Group plc (the "Company") announces that it has instructed commencement of a non-discretionary programme to purchase up to GBP15 million worth of ordinary shares to be held as treasury shares, during the period beginning on 14 March 2016 and ending on or before 15 March 2016. This forms part of the previously announced annual share buyback of around GBP300 million, to help offset the dilutive effect of maturing all-employee share plans.

This buyback programme will be managed by Merrill Lynch International, who are an independent third party that the Company has duly authorised to make trading decisions independently of, and uninfluenced by, the Company.

Any acquisitions will be effected within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid be limited to no more than 5 per cent above the average market value for the shares as derived from the London Stock Exchange Daily Official List for the five business days immediately prior to such purchase.

Contacts:

Investor relations:

Damien Maltarp Tel: [phone]

Press office:

Ross Cook Tel: [phone]

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This information is provided by RNS

The company news service from the London Stock Exchange

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March 14, 2016 07:45 ET (11:45 GMT)