REG - IP Group PLC - Director/PDMR Shareholding

IPAnnouncement

10/05/2023 12:15

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RNS Number : 9756Y  IP Group PLC  10 May 2023

 FOR RELEASE ON  10 May 2023

IP Group - Director/PDMR share purchases

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), which
invests in breakthrough science and innovation companies with the potential to
create a better future for all, has been notified that on 5 May 2023,
Christopher Glasson, Finance Director and a PDMR, purchased a total of 49,690
Shares of 2p each as outlined in the table below.

 

 

 Name                 Number of shares acquired  Price per share  Resulting beneficial interest
 Christopher Glasson  49,690                     55.12p           204,013

 

 

 

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                                                         Christopher Glasson
 2    Reason for the notification
 a)   Position/status                                               Finance Director (PDMR)

 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)

                                                                   35,882    55.15p

                                                                   13,808    55.05p

 d)   Aggregated information

      -     Aggregated volume                                      49,690

      -     Price                                                  55.12 pence per share
 e)   Date of the transaction                                      5 May 2023
 f)   Place of the transaction                                     London Stock Exchange, Main Market

d)

Aggregated information

-     Aggregated volume

-     Price

 

49,690

55.12 pence per share

e)

Date of the transaction

5 May 2023

f)

Place of the transaction

London Stock Exchange, Main Market

 

 

For more information, please contact:

 IP Group plc                                          www.ipgroupplc.com
 Greg Smith, Chief Executive Officer                   +44 (0) 20 7444 0050

 David Baynes, Chief Financial and Operating Officer

 Liz Vaughan-Adams, Communications                     +44 (0) 20 7444 0062/+44 (0) 7967 312125
 Portland
 Vic Wallin                                            +44 (0) 7973 823119

 Alex Donaldson                                        +44 (0) 7516 729702

 

Notes for editors

 

About IP Group

 

IP Group accelerates the impact of science for a better future. As the most
active UK based, early stage science investor, we develop and support
some of the world's most exciting businesses in deeptech, life sciences and
cleantech (led by Kiko Ventures). Through Parkwalk, the UK's largest growth
EIS fund manager, we also back world-changing innovation emerging in leading
universities and research institutions. Our specialist investment team
combines sector expertise with an international approach. Together we have a
strong track record of success, having backed high-profile companies including
Oxford Nanopore Technologies plc, First Light Fusion, Hysata, and Oxbotica. 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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