Regulatory Story
Company Micro Focus International plc
Headline Completion of buyback programme
Released 15:44 03-Oct-2019
Number 7231O15

RNS Number : 7231O
Micro Focus International plc
03 October 2019


3 October 2019



Completion of $200m buyback programme


Micro Focus International plc (the "Company") announces that it has now completed its $200 million share buyback programme, details of which were announced on 17 July 2019.


As at the close of business on 1 October 2019, the Company has 333,318,230 ordinary shares in issue and holds a further 30,226,265 ordinary shares in Treasury.


The figure of 333,318,230 should 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 Guidance and Transparency Rules.


At the same date, the Company has in issue live equity incentives under a number of plans. Save for the Employee Share Purchase Plan (ESPP), as at the close of business on 1 October 2019, these require a total of 13,485,121 ordinary shares equivalent to 4.05% of the ordinary shares in issue (excluding Treasury Shares).  Of these non-ESPP equity incentives, those over 1,765,253 ordinary shares have vested and are capable of exercise by individuals.   Awards over the remaining 11,719,868 ordinary shares may vest in future, subject to the rules of these plans.


The nature of the ESPP means that the number of shares that will ultimately be required will vary with exchange rates and the market value of the Company's shares. As at the close of business on 1 October 2019, we expect live awards to require the transfer of approximately 1.9m shares to participants, of which approximately 1.6m relates to the employees' contributions.







Micro Focus                                                         Tel: +44 (0)1635 32646

Kevin Loosemore, Executive Chairman

Stephen Murdoch, CEO

Brian McArthur-Muscroft, CFO

Ben Donnelly, Investor relations


Brunswick                                                           Tel: +44 (0) 20 7404 5959

Sarah West                                                 

Jonathan Glass   

Craig Breheny     


Notes to Editors:

About Micro Focus

Micro Focus (LSE: MCRO.L, NYSE: MFGP) is a global enterprise software company supporting the technology needs and challenges of the Global 2000.  Our solutions help organizations leverage existing IT investments, enterprise applications and emerging technologies to address complex, rapidly evolving business requirements while protecting corporate information at all times. Our product portfolios are Security, IT Operations Management, Application Delivery Management, Information Management & Governance and Application Modernization & Connectivity. For more information, visit:


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 or visit
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.