REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

14/05/2024 07:00

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RNS Number : 2525O  IP Group PLC  14 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:                                               13/05/2024
 Number of ordinary shares purchased:                            116,917
 Highest price paid per ordinary share (GBp):                    50.40
 Lowest price paid per ordinary share (GBp):                     49.35
 Volume weighted average price paid per ordinary share (GBp):    49.8988

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 32,716,815 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
1,030,471,190 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:                      13/05/2024
 Number of ordinary shares purchased:    116,917
 Volume weighted average price (pence):  49.8988

 

Individual transactions:

 

 Number of ordinary shares purchased  Transaction price  Time of transaction (UK Time)  Trading venue

(GBp share)
 5983                                 50.40               09:16:02                      XLON
 679                                  50.40               09:16:02                      XLON
 7015                                 50.00               11:59:46                      XLON
 7000                                 50.10               12:44:21                      XLON
 164                                  50.10               12:44:21                      XLON
 6913                                 49.95               12:55:20                      XLON
 5756                                 49.75               12:57:31                      XLON
 900                                  49.75               12:57:34                      XLON
 1308                                 49.80               12:58:42                      XLON
 209                                  49.80               12:58:58                      XLON
 1462                                 49.80               12:59:01                      XLON
 3901                                 49.80               12:59:34                      XLON
 3051                                 49.70               13:04:01                      XLON
 2628                                 49.75               13:05:12                      XLON
 3155                                 50.00               13:31:53                      XLON
 1577                                 50.00               13:32:23                      XLON
 1557                                 50.00               13:32:23                      XLON
 4526                                 49.90               13:32:53                      XLON
 1763                                 49.90               13:32:53                      XLON
 1060                                 49.85               13:33:23                      XLON
 2017                                 49.85               13:35:23                      XLON
 1670                                 49.85               13:36:23                      XLON
 1384                                 49.85               13:37:23                      XLON
 949                                  49.45               14:23:13                      XLON
 2906                                 49.45               14:23:13                      XLON
 1453                                 49.45               14:23:36                      XLON
 105                                  49.45               14:24:57                      XLON
 6802                                 49.55               14:29:06                      XLON
 2625                                 49.55               14:51:57                      XLON
 1500                                 49.55               14:51:57                      XLON
 2565                                 49.55               14:51:57                      XLON
 6727                                 49.35               14:52:06                      XLON
 191                                  49.35               14:52:36                      XLON
 6057                                 50.40               15:53:35                      XLON
 56                                   50.30               15:55:35                      XLON
 3000                                 50.30               15:55:35                      XLON
 2849                                 50.30               15:55:35                      XLON
 6482                                 50.10               16:20:02                      XLON
 6391                                 50.00               16:22:47                      XLON
 581                                  50.00               16:22:47                      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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