Informa PLC Transaction in Own Shares (8521K)

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RNS Number : 8521K

Informa PLC

10 May 2022

Informa PLC Press Release

10 May 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 09 May 2022, the Company purchased 496,843 ordinary shares for cancellation through Merrill Lynch International at an average price of 552.0107 pence per share.

The highest and lowest purchase price paid per share were 564.20p and 543.60p 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          551.4884                328,000                 543.6000                564.0000 
Chi-X (CXE)                    553.2789                115,000                 545.8000                564.2000 
BATS (BXE)                     552.4840                 53,843                 545.6000                563.8000

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 1,473,388,106 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/8521K_1-2022-5-9.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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May 10, 2022 03:40 ET (07:40 GMT)

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