Search
Regulatory Story
Company Micro Focus International plc
TIDM MCRO
Headline Transaction in Own Shares
Released 07:00 10-Sep-2019
Number 7307L07

RNS Number : 7307L
Micro Focus International plc
10 September 2019
 

               

Micro Focus International plc

10 September 2019

 

Transaction in own shares

 

Micro Focus International plc (the "Company") announces that on 9 September 2019 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its $200 million share buyback programme, details of which were announced on 17 July 2019.

 

Description of shares: Micro Focus International plc - ordinary shares of 10 pence

 

Number of shares repurchased: 286,395

 

Date of transaction: 9 September 2019

Time of transaction: 08:00 - 16:34

 

Volume weighted average price paid per share: 1,091.8618 pence

 

Lowest price paid per share: 1,076.40 pence

 

Highest price paid per share: 1,107.60 pence

 

Broker: Citigroup Global Markets Limited ("Citi")

 

Of the ordinary shares purchased by the Company, 43,659 ordinary shares were purchased through Citi acquiring ADRs representing ordinary shares of the Company on the New York Stock Exchange, cancelling the ADRs in return for the underlying ordinary shares and selling the underlying ordinary shares to the Company.

 

Aggregated information on shares purchased according to trading venues:

 

Venue

Volume weighted Average Price (GBP)

Aggregated Volume

XLON

10.9193

238,781

CHIX

10.9151

47,384

BATE

10.9240

230

 

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 337,585,017 (excluding Treasury shares), and the Company will hold 25,954,594 ordinary shares in Treasury.

 

The figure of 337,585,017 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

 

http://www.rns-pdf.londonstockexchange.com/rns/7307L_1-2019-9-9.pdf

 

 

 

For further information, please contact:

 

Micro Focus International plc

 

Ben Donnelly, IR Manager                                                                                           Tel: +44 (0) 1635 565200

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
POSLLFVDAIIAIIA
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.