Man : Shareholder circular - proposed acquisition

For immediate release

7 August 2014

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

MAN GROUP PLC

ACQUISITION OF NUMERIC HOLDINGS LLC

Publication and posting of Class 1 circular

On 19 June 2014, Man Group plc ("Man ") announced that it had entered into a conditional agreement to acquire Numeric Holdings LLC ("Numeric ") (the "Acquisition ").

Documentation

The class 1 circular to be provided to Man Shareholders in connection with the Acquisition (the "Circular ") has today been approved by the UK Listing Authority.  Accordingly, the Circular is now available on Man's website (www.man.com), and printed copies of the Circular or notification of its availability on the website will shortly be sent to Man Shareholders.

The Acquisition remains conditional upon satisfaction or, if permitted, waiver of those conditions referred to in the Circular which have not yet been satisfied, and it is currently expected that Completion will occur in September 2014.

Man General Meeting

As set out in the Circular, a General Meeting of Man will be held at 10.00 am on 5 September 2014 at Riverbank House, 2 Swan Lane, London EC4R 3AD to allow Man Shareholders to vote on the proposed resolution required to approve and implement the Acquisition.

The key dates in respect of the Man General Meeting are as follows:

Enquiries

Man    

Fiona Smart

Head of Investor Relations

+44 20 7144 2030

fiona.smart@man.com

Rosanna Konarzewski

Global Head of Communications

+44 20 7144 2078

media@man.com

Credit Suisse (Financial adviser, sponsor and corporate broker to Man)

Sebastian Grigg

Charles Donald

Hamish Summerfield

+44 20 7888 8888

PL Advisors (Financial adviser to Man)

Domonkos Koltai

+1 212 596 3461

RLM Finsbury (PR adviser to Man)

James Bradley / Ryan O'Keeffe

+44 20 7251 3801

mangroup@RLMFinsbury.com

Prosek Partners (PR adviser to Man - US)

Brian Schaffer / Caroline Harris-Gibson

+1 212 279 3115

bschaffer@prosek.com / cgibson@prosek.com

Documents Available for Inspection

Copies of the Circular and certain documents referred to therein (including the Form of Proxy) have been submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.  The Circular is also available on Man's website, www.man.com and copies are available for inspection at Riverbank House, 2 Swan Lane, London EC4R 3AD.

Terms defined in the announcement dated 19 June 2014 or the Circular have the same meanings when used in this announcement.

About Man

Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. As at 30 June 2014, Man managed $57.7 billion.

The original business was founded in 1783. Today, Man is listed on the London Stock Exchange and is a member of the FTSE 250 Index with a market capitalisation of around £2.1 billion.

Man supports many awards, charities and initiatives around the world, including sponsoring the Man Booker literary prizes. Further information can be found at www.man.com.

Forward-looking statements and other important information

This announcement contains forward-looking statements, including in respect of the financial condition, results and business of the Man Group and Numeric. By their nature, forward-looking statements involve a number of risks, uncertainties or assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties or assumptions could adversely affect the outcome and financial effects of the plans, events and estimates described herein. Man's actual future results may differ materially from the results expressed or implied in these forward looking statements. Forward-looking statements contained in this announcement regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Undue reliance should not be placed on forward-looking statements, which speak only as of the date of this announcement and, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and Man's plans, objectives and estimates, to differ materially from those expressed or implied in the forward-looking statements. Except as required by law or regulation, Man is not under an obligation to update or keep current the forward-looking statements contained in this announcement or to correct any inaccuracies which may become apparent in such forward-looking statements.

No statement in this announcement is intended as a profit forecast or profit estimate and no statement in this announcement should be interpreted to mean that the earnings per share of the enlarged Man, Man or Numeric for the current or future financial periods will necessarily match or exceed the historical or published earnings per share of Man or Numeric.

The content of the websites referred to in this announcement is not incorporated into and does not form part of this announcement. Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer of securities or to provide investment advisory services.

Credit Suisse, which is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority in the United Kingdom, is acting exclusively as sole sponsor and as financial adviser to Man and for no one else in connection with the content of this announcement and the Acquisition and will not be responsible to any person other than Man for providing the protections afforded to clients of Credit Suisse, nor for providing advice in relation to the Acquisition, the content of this announcement or any matters referred to in this announcement.