REG - IP Group PLC - IP Group plc - Director/PDMR share purchase

IPAnnouncement

04/04/2018 11:50

RNS Number : 8130J
IP Group PLC
04 April 2018
 





 


4 April 2018




 
 
IP Group plc - Director/PDMR share purchase
 
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 3 and 4 April 2018, the directors listed in the below table purchased a total of 174,254 Ordinary Shares of 2p each at prices of between 116.4 and 121.0 pence per share.
 
The details of the purchases and resultant total interests are set out below.
 




Name


Title


Date of purchase


Total number of shares purchased


Price per share


Resulting number of shares held


Resulting number of shares held as a percentage of the Company's issued share capital




Alan Aubrey


Chief Executive Officer


3 April 2018


81,000


121.0p


2,647,428


0.25%




Mike Townend


Chief Investment Officer


3 April 2018


20,000


121.0p


1,156,902


0.11%




Greg Smith


Chief Financial Officer


3 April 2018


10,000


121.0p


298,351


0.03%




David Baynes


Chief Operating Officer


4 April 2018


16,000


121.0p


262,975


0.02%




Mike Humphrey


Chairman


3 April 2018


20,000


119.0p


106,153


0.01%




Jonathan Brooks


Non-Executive Director


3 April 2018


17,210


116.4p


81,826


0.01%




David Begg


Senior Independent Director


3 April 2018


1,763


116.9p


42,391


0.00%




Lynn Gladden


Non-Executive Director


3 April 2018


8,281


120.0p


8,281


0.00%




 
In addition, on 3 April 2018 David Begg transferred 37,367 shares to an ISA account with no change of beneficial ownership and Greg Smith transferred 12,480 shares to an ISA account with no change of beneficial ownership.
 
 
 
 
 
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


Alan Aubrey




2


Reason for the notification




a)


Position/status


Chief Executive Officer




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




121.0p


81,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
81,000
121.0p
£98,010




f)


Date of the transaction


3 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Mike Townend




2


Reason for the notification




a)


Position/status


Chief Investment Officer




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




121.0p


20,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
20,000
121.0p
£24,200




f)


Date of the transaction


3 April 2018




g)


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 Financial Officer




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




121.0p


10,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
10,000
121.0p
£12,100




f)


Date of the transaction


3 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


David Baynes




2


Reason for the notification




a)


Position/status


Chief Operating Officer




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




121.0p


16,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
16,000
121.0p
£19,360




f)


Date of the transaction


4 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Mike Humphrey




2


Reason for the notification




a)


Position/status


Chairman




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




119.0p


20,000










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
20,000
119.0p
£23,800




f)


Date of the transaction


3 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Jonathan Brooks




2


Reason for the notification




a)


Position/status


Non-Executive Director




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




116.4p


17,210










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
17,210
116.4p
£20,032




f)


Date of the transaction


3 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


David Begg




2


Reason for the notification




a)


Position/status


Senior Independent Director




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




116.9p


1,763










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
1,763
116.9p
£2,061




f)


Date of the transaction


3 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Lynn Gladden




2


Reason for the notification




a)


Position/status


Non-Executive Director




b)


Initial notification /Amendment


Initial Notification




3


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




a)


Name


IP Group plc




b)


Legal Entity Identifier


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 2.0p each
 
 
 
ISIN: GB00B128J450




b)


Nature of the transaction


Purchase of shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price(s)


Volume(s)




120.0p


8,281










e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
 
8,281
120.0p
£9,937




f)


Date of the transaction


3 April 2018




g)


Place of the transaction


London Stock Exchange, Main Market




 
 
- ENDS -
 
 
For more information, please contact:
 




IP Group plc


www.ipgroupplc.com




Greg Smith, Chief Financial Officer

Liz Vaughan-Adams, Communications           


+44 (0) 20 7444 0050

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




Charlotte Street Partners








Andrew Wilson


+44 (0) 7810 636995




Martha Walsh


+44 (0) 7876 245962




 
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



This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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