REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

03/05/2024 07:00

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RNS Number : 0881N  IP Group PLC  03 May 2024

Transaction in Own Shares

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), today announces that
Numis Securities Limited (which is trading for these purposes as Deutsche
Numis) ("Deutsche Numis"), purchased on behalf of IP Group the number of
ordinary shares of 2 pence each on the London Stock Exchange as set out in the
table below (the Repurchased Shares) pursuant to the IP Group share buyback
programme announced on 18(th) December 2023 (the Buyback Programme).

 

 Date of purchase:                                               02/05/2024
 Number of ordinary shares purchased:                            103,170
 Highest price paid per ordinary share (GBp):                    48.20
 Lowest price paid per ordinary share (GBp):                     45.45
 Volume weighted average price paid per ordinary share (GBp):    47.2199

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 32,069,292 of its ordinary shares in treasury and
has 1,063,188,005 ordinary shares in issue (including treasury shares).
Therefore, the total number of ordinary shares with voting rights will be
1,031,118,713 which may be used by shareholders 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, IP Group under the FCA's
Disclosure Guidance and Transparency Rules.

 

IP Group will make further announcements following the completion of any
additional purchases pursuant to the Buyback Programme.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the schedule below contains detailed information about the
purchases made by Deutsche Numis on behalf of IP Group as part of the Buyback
Programme.

 

Both aggregate data in respect of the Repurchased Shares as well as the
individual purchases are set out below.

 

Aggregate information:

 

Issuer name and ISIN: IP Group plc (ISIN: GB00B128J450)

 

 Date of purchases:                      02/05/2024
 Number of ordinary shares purchased:    103,170
 Volume weighted average price (pence):  47.2199

 

Individual transactions:

 

 Number of ordinary shares purchased  Transaction price  Time of transaction (UK Time)  Trading venue
(GBp share)
 2125                                 46.85               08:33:43                      XLON
 2334                                 46.85               08:33:43                      XLON
 1084                                 46.85               08:33:43                      XLON
 5955                                 46.55               09:18:36                      XLON
 9129                                 46.45               09:29:43                      XLON
 6087                                 46.25               09:48:57                      XLON
 87                                   45.45               11:08:33                      XLON
 698                                  46.80               12:05:40                      XLON
 12704                                46.80               12:05:40                      XLON
 6085                                 46.80               12:05:40                      XLON
 6016                                 46.90               12:07:56                      XLON
 5152                                 46.90               12:07:56                      XLON
 22                                   46.90               12:07:56                      XLON
 140                                  46.90               12:07:56                      XLON
 3100                                 47.10               12:23:15                      XLON
 3052                                 47.15               12:36:45                      XLON
 14027                                47.95               13:51:54                      XLON
 3983                                 47.95               13:51:54                      XLON
 1540                                 47.95               13:51:54                      XLON
 4715                                 47.95               13:51:54                      XLON
 68                                   47.95               13:51:54                      XLON
 246                                  47.75               14:19:58                      XLON
 1005                                 48.10               14:44:02                      XLON
 8017                                 48.10               14:44:02                      XLON
 747                                  48.20               15:24:30                      XLON
 1358                                 48.20               15:24:30                      XLON
 3694                                 48.20               15:24:30                      XLON

 

 

 For more information, please contact:
 IP Group plc                           www.ipgroupplc.com
 Liz Vaughan-Adams, Communications      +44 (0) 20 7444 0062/+44 (0) 7967 312125
 Portland
 Alex Donaldson                         +44 (0) 7516 729702

 

Further information on IP Group is available on our website:
www.ipgroupplc.com (http://www.ipgroupplc.com)

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