REG - IP Group PLC - Issue of Equity <Origin Href="QuoteRef">IPO.L</Origin>

IPAnnouncement

25/10/2016 17:15

RNS Number : 4403N
IP Group PLC
25 October 2016
FOR RELEASE ON
25 October 2016
IP Group plc - Issue of equity
IP Group plc (LSE: IPO) ("IP Group" or "the Group") confirms that it has today issued 14,300 ordinary shares of 2p each ("Ordinary Shares") (the "New Ordinary Shares") following the exercise of options by a former employee.
An application has been made to the Financial Conduct Authority for admission of the New Ordinary Shares to the premium listing segment of the Official List maintained by the UK Listing Authority and to the London Stock Exchange. It is expected that admission will take place on 28 October 2016.
Following the issue of the New Ordinary Shares, the number of Ordinary Shares of 2p each in issue will increase to 565,221,967. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the issued ordinary share capital of the Company following this allotment consists of 565,221,967 Ordinary Shares. There are no shares held in treasury.
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
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This information is provided by RNS
The company news service from the London Stock Exchange
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