Micro Focus International plc (the "Company") announces that on 26 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: 291,320
Date of transaction: 26 September 2019
Time of transaction: 08:00 - 16:35
Volume weighted average price paid per share: 1,112.1151 pence
Lowest price paid per share: 1,094.00 pence
Highest price paid per share: 1,122.60 pence
Broker: Citigroup Global Markets Limited ("Citi")
Of the ordinary shares purchased by the Company, 44,000 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:
Volume weighted Average Price (GBP)
Following the purchase of these shares, the remaining number of ordinary shares in issue will be 334,174,439 (excluding Treasury shares), and the Company will hold 29,367,056 ordinary shares in Treasury.
The figure of 334,174,439 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 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.
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 [email protected] or visit www.rns.com.
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