REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

17/05/2024 07:00

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RNS Number : 8151O  IP Group PLC  17 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:                                               16/05/2024
 Number of ordinary shares purchased:                            95,664
 Highest price paid per ordinary share (GBp):                    53.00
 Lowest price paid per ordinary share (GBp):                     52.10
 Volume weighted average price paid per ordinary share (GBp):    52.6193

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 32,924,123 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
1,030,263,882 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:                      16/05/2024
 Number of ordinary shares purchased:    95,664
 Volume weighted average price (pence):  52.6193

 

Individual transactions:

 

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

(GBp share)
 6493                                 53.00               09:37:26                      XLON
 2716                                 52.80               09:39:40                      XLON
 1400                                 52.80               09:39:40                      XLON
 3165                                 52.80               09:39:40                      XLON
 6432                                 53.00               10:59:22                      XLON
 7349                                 53.00               11:28:21                      XLON
 6330                                 53.00               12:05:04                      XLON
 1777                                 53.00               13:50:46                      XLON
 1400                                 53.00               13:50:46                      XLON
 1400                                 53.00               13:50:46                      XLON
 2580                                 53.00               13:50:46                      XLON
 1158                                 52.70               14:06:14                      XLON
 1097                                 52.70               14:17:53                      XLON
 4555                                 52.70               14:17:53                      XLON
 7352                                 52.50               14:31:52                      XLON
 1039                                 52.40               15:27:04                      XLON
 2800                                 52.40               15:27:04                      XLON
 3561                                 52.40               15:27:04                      XLON
 4572                                 52.40               15:27:04                      XLON
 2565                                 52.40               15:27:04                      XLON
 7139                                 52.20               16:17:48                      XLON
 6277                                 52.20               16:17:48                      XLON
 701                                  52.10               16:20:05                      XLON
 1548                                 52.10               16:21:45                      XLON
 1407                                 52.10               16:23:01                      XLON
 1505                                 52.10               16:24:41                      XLON
 7346                                 52.30               16:25:44                      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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