REG - IP Group PLC - Director/PDMR Shareholding, SAYE scheme

IPAnnouncement

07/09/2022 16:45

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RNS Number : 6669Y  IP Group PLC  07 September 2022

 FOR RELEASE ON  07 September 2022

 

IP Group plc - SAYE Scheme; PDMR shareholding

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"),
which develops world-changing science and technology businesses across life
sciences, technology and cleantech, announces the following in connection with
its employee share schemes.

 

 

SAVE AS YOU EARN ("SAYE") SHARESAVE PLAN

 

IP Group has granted options over the Company's ordinary shares of 2p each
("Shares"), under its SAYE Sharesave Plan to persons discharging managerial
responsibilities ("PDMRs") of the Company as detailed below.

 

  Name                 Plan duration  Number of options granted
 Greg Smith            3 years        27,692
 David Baynes          3 years        27,692
 Angela Leach          3 years        11,076
 Lisa Patel            3 years        22,153
 Mark Reilly           3 years        16,615
 Douglas Moray Wright  3 years        27,692
 Anthony York          3 years        19,384

 

In addition to the above, options over a total of 439,796 Shares were granted
to certain other employees of the Group under the Sharesave Plan.

 

All of the above SAYE options have been granted on 07 September 2022 at an
exercise price of 65.0 pence per share, with the SAYE contracts commencing on
01 November 2022. The exercise price was set in accordance with HM Revenue
& Customs rules for Sharesave plans.

Permitted exercise periods are for a period of six months from the end of the
plan period, ordinarily 01 November 2025.

 

Shares in issue

At the date of this announcement, the Company continues to have 1,063,033,287
Shares in issue and 28,607,622 Shares held in treasury.

The following information is being disclosed pursuant to the requirements of
MAR.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 

 

 

 

SAYE Sharesave Plan

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name(s)                                                      Greg Smith

                                                                  David Baynes

                                                                  Angela Leach

                                                                  Lisa Patel

                                                                  Mark Reilly

                                                                  Douglas Moray Wright

                                                                  Anthony York

 2   Reason for the notification
 a)  Position/status                                              Executive Director          Chief Executive Officer

                                                                  Executive Director          Chief Financial and Operating Officer

PDMR                             Group General
                                                                  Counsel

                                                                  PDMR                             Partner, Life
                                                                  Sciences

                                                                  PDMR                             Managing Partner,
                                                                  Technology

                                                                  PDMR                             CEO Parkwalk

                                                                  PDMR                             Group People
                                                                  Director
     Initial notification /Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         IP Group plc
 b)  Legal Entity Identifier                                      213800HG22UM138WFG43
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary Shares of 2p each in IP Group plc

     Identification code

ISIN: GB00B128J450
 b)  Nature of the transaction                                    Conditional award of Shares under the IP Group plc SAYE Sharesave Plan
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Name(s)               Price(s)  Volume(s)

                                                                  Greg Smith            65.0p     27,692
                                                                  David Baynes          65.0p     27,692
                                                                  Angela Leach          65.0p     11,076
                                                                  Lisa Patel            65.0p     22,153
                                                                  Mark Reilly           65.0p     16,615
                                                                  Douglas Moray Wright  65.0p     27,692
                                                                  Anthony York          65.0p     19,384
 e)  Aggregated information

     -Aggregated volume                                           Aggregated Number of Shares conditionally awarded under the SAYE Sharesave

                                                            Plan to PDMRs on 07 September 2022: 152,304

                                                            Price: 65.0p
     - Price

     - Aggregated total
 f)  Date of the transaction                                      07 September 2022
 g)  Place of the transaction                                     Outside a trading venue

e)

Aggregated information

-Aggregated volume

 

- Price

- Aggregated total

 

Aggregated Number of Shares conditionally awarded under the SAYE Sharesave
Plan to PDMRs on 07 September 2022: 152,304

Price: 65.0p

f)

Date of the transaction

07 September 2022

g)

Place of the transaction

Outside a trading venue

 

 

For more information, please contact:

 

 IP Group plc                                              www.ipgroupplc.com (http://www.ipgroupplc.com)
 David Baynes, Chief Financial and Operating Officer       +44 (0) 20 7444 0050

Liz Vaughan-Adams, Communications
+44 (0) 20 7444 0062/+44 (0) 7967 312125

 

Notes for editors

 

About IP Group

 

IP Group develops world-changing science and technology businesses across life
sciences, technology and cleantech (through Kiko Ventures). The Group has a
strong track record of success, having been the founder investor in a number
of high-profile companies including Oxford Nanopore Technologies plc, and has
one of the most exciting portfolios of high-growth businesses in Europe. The
Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs
world-changing technologies emerging from the UK's leading universities and
research institutions. IP Group is listed on the Main Market of the London
Stock Exchange under the code IPO.

 

For more information, please visit our website at www.ipgroupplc.com
(http://www.ipgroupplc.com/) .

 

ENDS

 

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