REG - IP Group PLC - Director/PDMR Shareholding

IPAnnouncement

12/10/2021 14:10

RNS Number : 8342O
  
IP Group PLC
  
12 October 2021
  
 




FOR RELEASE ON


12 October 2021



 
 
IP Group plc - PDMR share purchases
 
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property-based businesses, has been notified that on 11 October 2021, Greg Smith, Chief Executive Officer, Alan Aubrey, former CEO, and Heejae Chae, a Non-executive Director of the Company, purchased a total of 8,500, 40,829 and 16,000 Ordinary Shares of 2p each respectively as set out in the table below.
 



Name


Number of shares acquired


Price per share (£)


Resultant beneficial interest




Greg Smith, CEO


8,500


£1.23


364,467




Alan Aubrey, former CEO


40,829


£1.22


2,864,082




Heejae Chae, NED


16,000


£1.23


32,073



 
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Greg Smith




2


Reason for the notification




a)


Position/status


 Chief Executive Officer
 




b)


Initial notification/Amendment


Initial Announcement




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


IP Group plc




b)


LEI


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
Identification code 


Ordinary Shares of 2p each in IP Group plc
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




 123 pence per share


8,500



 




d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable - single transaction




e)


Date of the transaction


11 October 2021




f)


Place of the transaction


London Stock Exchange, Main Market



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Alan Aubrey




2


Reason for the notification




a)


Position/status


 Former Chief Executive Officer
 




b)


Initial notification/Amendment


Initial Announcement




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


IP Group plc




b)


LEI


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
Identification code 


Ordinary Shares of 2p each in IP Group plc
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




 122 pence per share


40,829



 




d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable - single transaction




e)


Date of the transaction


11 October 2021




f)


Place of the transaction


London Stock Exchange, Main Market



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Heejae Chae




2


Reason for the notification




a)


Position/status


 Non-executive Director
 




b)


Initial notification/Amendment


Initial Announcement




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


IP Group plc




b)


LEI


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
Identification code 


Ordinary Shares of 2p each in IP Group plc
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




 123 pence per share


16,000



 




d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable - single transaction




e)


Date of the transaction


11 October 2021




f)


Place of the transaction


London Stock Exchange, Main Market



 
 
For more information, please contact:
 



IP Group plc


www.ipgroupplc.com




Angela Leach, Company Secretary

Liz Vaughan-Adams, Communications            


+44 (0) 20 7444 0050

+44 (0) 20 7444 0062/+44 (0) 7979 853802




Charlotte Street Partners








David Gaffney


+44 (0) 7854 609998




Andrew Wilson


+44 (0) 7810 636995



 
 
Notes for editors
 
About IP Group
 
IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. 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.
 
ENDS

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