For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250409:nRSI2083Ea&default-theme=true
RNS Number : 2083E IP Group PLC 09 April 2025
FOR RELEASE ON 09 April 2025
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 07 April 2025, Greg
Smith, Chief Executive Officer, purchased a total of 120,000 Shares of 2p each
as outlined in the below table.
Name Title Number of shares acquired Price per share Resulting shareholding * Resulting shareholding as a percentage of the Company's issued share capital
Greg Smith Chief Executive Officer 120,000 35.4p 872,686 0.1%
* Resulting shareholding excludes 122,328 shares that are subject to award
under the Company's Long Term Incentive Plan which have vested by reference to
performance conditions, but which remain subject to a holding period and thus
have not yet been formally issued.
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 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)
35.2387 29,577
35.3889 90,423
d) Aggregated information
- Aggregated volume 120,000
- Price 35.35 pence per share
e) Date of the transaction 07 April 2025
f) Place of the transaction London Stock Exchange, Main Market
d)
Aggregated information
- Aggregated volume
- Price
120,000
35.35 pence per share
e)
Date of the transaction
07 April 2025
f)
Place of the transaction
London Stock Exchange, Main Market
For more information, please contact:
IP Group plc www.ipgroupplc.com
Liz Vaughan-Adams, Communications +44 (0) 20 7444 0062/+44 (0) 7967 312125
Portland
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 Oxa. 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUPUBWCUPAGMR