REG - IP Group PLC - PDMR Dealing – SAYE Exercise

IPAnnouncement

27/10/2022 17:00

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RNS Number : 4013E  IP Group PLC  27 October 2022

 FOR RELEASE ON  27 October 2022

 

IP Group plc - SAYE Option Exercise

 

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, announces the following in connection with
its employee share schemes.

 

SAVE AS YOU EARN ("SAYE") SHARESAVE PLAN

 

Four of the Group's persons discharging managerial responsibilities ("PDMRs")
exercised SAYE options under the Group's 2019 SAYE plan to buy a total of
104,447 ordinary shares of two pence each ("Shares") at 51.7 pence per
share.

In addition, other Group employees have exercised SAYE options over a total of
147,409 Shares.

The exercise of these options will be satisfied through the transfer of
251,856 Shares which the Group currently holds in treasury on or around 1
November 2022.

 

Shares in issue

At the date of this announcement, the Company continues to have 1,063,188,005
Shares in issue and 28,607,622 Shares held in treasury.

The following notifications, made in accordance with the requirements of
article 19.3 of the EU Market Abuse Regulation, provide further details:

 

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                                                         Angela Leach
 2   Reason for the notification
 a)  Position/status                                              PDMR          Group General Counsel & Company Secretary

     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  Ordinary Shares of 2p each in IP Group plc

     Identification code

ISIN: GB00B128J450
 b)  Nature of the transaction                                    Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Name(s)       Price(s)  Volume(s)
                                                                  Angela Leach  £0.517     6,963
 e)  Aggregated information

     -Aggregated volume                                           6,963

     - Price

     - Aggregated total                                           £0.517

                                                                  £3,599.88

 f)  Date of the transaction                                      19 October 2022
 g)  Place of the transaction                                     London

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

6,963

 

£0.517

£3,599.88

 

f)

Date of the transaction

19 October 2022

g)

Place of the transaction

London

 

 

 2   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Sam Williams
 2   Reason for the notification
 a)  Position/status                                              PDMR          Managing Partner, Life Sciences

     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  Ordinary Shares of 2p each in IP Group plc

     Identification code

ISIN: GB00B128J450
 b)  Nature of the transaction                                    Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Name(s)       Price(s)  Volume(s)
                                                                  Sam Williams  £0.517    34,816
 e)  Aggregated information

     -Aggregated volume                                           34,816

     - Price

     - Aggregated total                                           £0.517

                                                                  £17,999.88

 f)  Date of the transaction                                      18(th) October 2022
 g)  Place of the transaction                                     London

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

34,816

 

£0.517

£17,999.88

 

f)

Date of the transaction

18(th) October 2022

g)

Place of the transaction

London

 

 

 

 3   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Lisa Patel
 2   Reason for the notification
 a)  Position/status                                              PDMR          Partner, Life Sciences

     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  Ordinary Shares of 2p each in IP Group plc

     Identification code

ISIN: GB00B128J450
 b)  Nature of the transaction                                    Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Name(s)     Price(s)  Volume(s)
                                                                  Lisa Patel  £0.517     27,852
 e)  Aggregated information

     -Aggregated volume                                           27,852

     - Price

     - Aggregated total                                           £0.517

                                                                  £14,399.49

 f)  Date of the transaction                                      18(th) October 2022
 g)  Place of the transaction                                     London

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

27,852

 

£0.517

£14,399.49

 

f)

Date of the transaction

18(th) October 2022

g)

Place of the transaction

London

 

 

 4   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Douglas Moray Wright
 2   Reason for the notification
 a)  Position/status                                              PDMR          CEO, Parkwalk

     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  Ordinary Shares of 2p each in IP Group plc

     Identification code

ISIN: GB00B128J450
 b)  Nature of the transaction                                    Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Name(s)               Price(s)  Volume(s)
                                                                  Douglas Moray Wright  £0.517    34,816
 e)  Aggregated information

     -Aggregated volume                                           34,816

     - Price

     - Aggregated total                                           £0.517

                                                                  £17,999.88

 f)  Date of the transaction                                      19th October 2022
 g)  Place of the transaction                                     London

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

34,816

 

£0.517

£17,999.88

 

f)

Date of the transaction

19th October 2022

g)

Place of the transaction

London

 

 

 

 

For more information, please contact:

 

 IP Group plc                                              www.ipgroupplc.com (http://www.ipgroupplc.com)
 David Baynes, Chief Financial and Operating Officer       +44 (0) 20 7444 0050

Liz Vaughan-Adams, Communications
+44 (0) 20 7444 0062/+44 (0) 7967 312125

 

Notes for editors

 

About IP Group

 

IP Group develops world-changing science and technology businesses across life
sciences, technology and cleantech (through Kiko Ventures). 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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