Irrevocable and non-discretionary arrangement with broker
28 February 2017 - Experian plc (the "Company"), the global information services company, hereby notifies the market that, in continuation of the US$400 million share repurchase programme announced by the Company on 11 May 2016, it has entered into an irrevocable and non-discretionary arrangement with its broker, Merrill Lynch International, to purchase on its behalf and within certain pre-set parameters, ordinary shares of 10 US cents each in the period up to and including 17 May 2017, being the day prior to the release of the Company's preliminary results.
The shares purchased will be cancelled.
This arrangement is in accordance with Chapter 12 of the UK Listing Authority Listing Rules and the Company's general authority to repurchase shares conferred by the Company's shareholders at the Company's annual general meeting held on 20 July 2016. The purpose of the share repurchase programme is to continue to reduce the capital of the Company and/or meet obligations arising from employee share plan awards.
Ronan Hanna Deputy Company Secretary +353 (0) 1 846 9128
Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 17,000 people operating across 37 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.