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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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