REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

20/05/2024 07:00

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RNS Number : 9940O  IP Group PLC  20 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:                                               17/05/2024
 Number of ordinary shares purchased:                            54,309
 Highest price paid per ordinary share (GBp):                    52.30
 Lowest price paid per ordinary share (GBp):                     51.60
 Volume weighted average price paid per ordinary share (GBp):    51.9943

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 32,978,432 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
1,030,209,573 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:                      17/05/2024
 Number of ordinary shares purchased:    54,309
 Volume weighted average price (pence):  51.9943

 

Individual transactions:

 

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

(GBp share)
 6538                                 52.30               09:07:38                      XLON
 7859                                 52.00               11:24:37                      XLON
 468                                  51.60               11:30:58                      XLON
 704                                  51.60               11:31:02                      XLON
 44                                   51.60               11:33:53                      XLON
 4200                                 51.70               12:54:07                      XLON
 2414                                 51.70               12:54:07                      XLON
 3799                                 51.80               12:54:07                      XLON
 1587                                 51.80               12:54:07                      XLON
 5101                                 51.80               15:34:09                      XLON
 599                                  51.80               15:34:09                      XLON
 1129                                 51.80               15:34:09                      XLON
 1486                                 52.10               16:07:49                      XLON
 5                                    52.10               16:07:49                      XLON
 145                                  52.10               16:07:49                      XLON
 20                                   52.10               16:07:49                      XLON
 1050                                 52.10               16:07:49                      XLON
 1050                                 52.10               16:07:49                      XLON
 1050                                 52.10               16:07:49                      XLON
 1050                                 52.10               16:07:49                      XLON
 2                                    52.10               16:07:49                      XLON
 128                                  52.10               16:07:49                      XLON
 509                                  52.10               16:07:49                      XLON
 20                                   52.10               16:07:49                      XLON
 2                                    52.10               16:07:49                      XLON
 84                                   52.10               16:07:49                      XLON
 79                                   52.20               16:12:19                      XLON
 1946                                 52.20               16:14:19                      XLON
 150                                  52.20               16:14:19                      XLON
 150                                  52.20               16:17:51                      XLON
 1400                                 52.20               16:17:51                      XLON
 1400                                 52.20               16:17:51                      XLON
 1449                                 52.20               16:17:51                      XLON
 315                                  52.10               16:17:51                      XLON
 24                                   52.10               16:17:54                      XLON
 6353                                 52.10               16:17:54                      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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