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REG - IP Group PLC - Director/PDMR Shareholding

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RNS Number : 1573P  IP Group PLC  16 June 2022

 FOR RELEASE ON  16 June 2022

 

 

IP Group plc - Director/PDMR share purchase

 

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, has been notified that on 14 June 2022,
Sir Douglas Flint, Chairman, and Greg Smith, Chief Executive Officer,
purchased a total of 30,000 and 7,000 Shares of 2p each respectively as
outlined in the below table.

 

 Name               Number of shares acquired  Price per share (£)   Resultant beneficial interest
 Sir Douglas Flint  30,000                     £0.71                 48,500
 Greg Smith         7,000                      £0.72                 409,150

 

The notification below, made in accordance with the requirements of article 19
of the UK 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                                                         Douglas Flint
 2   Reason for the notification
 a)  Position/status                                               Chairman

 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  Ordinary Shares of 2p each in IP Group plc

     Identification code

                                                                  ISIN: GB00B128J450
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)              Volume(s)
                                                                   71 pence per share   30,000

 
 d)  Aggregated information                                       Not applicable - single transaction

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      14 June 2022
 f)  Place of the transaction                                     London Stock Exchange, Main Market

 

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

e)

Date of the transaction

14 June 2022

f)

Place of the transaction

London Stock Exchange, Main Market

 

 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  Ordinary Shares of 2p each in IP Group plc

     Identification code

                                                                  ISIN: GB00B128J450
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)              Volume(s)
                                                                   72 pence per share   7,000

 
 d)  Aggregated information                                       Not applicable - single transaction

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                                      14 June 2022
 f)  Place of the transaction                                     London Stock Exchange, Main Market

 

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

e)

Date of the transaction

14 June 2022

f)

Place of the transaction

London Stock Exchange, Main Market

 

For more information, please contact:

 

 IP Group plc                                              www.ipgroupplc.com (http://www.ipgroupplc.com)
 Angela Leach, Company Secretary                           +44 (0) 20 7444 0050

Liz Vaughan-Adams, Communications
+44 (0) 20 7444 0062/+44 (0) 7967 312125
 Charlotte Street Partners
 David Gaffney                                             +44 (0) 7854 609998
 Andrew Wilson                                             +44 (0) 7810 636995

 

 

Notes for editors

 

About IP Group

 

IP Group develops world-changing science and technology businesses across
life sciences, technology and cleantech. 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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.   END  DSHGPUAPQUPPGUQ

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