Informa PLC Transaction in Own Shares (0549P)

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RNS Number : 0549P

Informa PLC

16 June 2022

Informa PLC Press Release

16 June 2022

Informa Share Buyback Programme

Update on GAP II shareholder returns

Informa (LSE: INF.L), the international B2B Markets, Knowledge Services and Business Intelligence Group today provided an update on its Share Buyback Programme that forms part of the 2021-2024 Growth Acceleration Plan II ('GAP II').

Share Buyback Programme

GAP II is Informa's four-year programme to create a more focused, higher growth business. This will see the Group accelerate investment in its two businesses with scale leadership positions, B2B Markets and Academic Markets, and divest of its Informa Intelligence portfolio of businesses.

Following the completion of the first tranche of the Share Buyback Programme, which saw GBP100m of capital returned to shareholders, on 15 March 2022, the Company announced a second tranche, committing a further GBP200m to share buybacks.

As part of this second tranche, on 15 June 2022, the Company purchased 697,287 ordinary shares for cancellation through Merrill Lynch International at an average price of 509.6423 pence per share.

The highest and lowest purchase price paid per share were 513.8p and 503.2p respectively, with the aggregate details of shares purchased by trading venue as outlined in the table below:

 
Trading venue           Weighted average price   Aggregate number of    Lowest price paid per   Highest price paid per 
                         paid per share (GBp)      shares purchased             share                   share 
                                                                                (GBp)                   (GBp) 
London Stock Exchange          509.7878                471,000                 503.2000                513.8000 
Chi-X (CXE)                    509.5317                124,000                 503.2000                513.8000 
BATS (BXE)                     509.1062                102,287                 503.2000                513.4000 
 

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 1,457,792,415 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/0549P_1-2022-6-15.pdf

 
Enquiries 
Richard Menzies-Gow, Director of IR 
 & Communications                           [phone] 
Heledd Hanscomb, Deputy Company Secretary   [phone] 
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June 16, 2022 02:10 ET (06:10 GMT)