REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

28/01/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220128:nRSb9122Za&default-theme=true

RNS Number : 9122Z  IP Group PLC  28 January 2022

IP GROUP plc (the "Company")

 

Transaction in Own Shares

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), today announces that
Numis Securities Limited purchased on behalf of IP Group the number of
ordinary shares of 2 pence each on the London Stock Exchange as set out in the
table below (the Repurchased Shares) pursuant to the IP Group share buyback
programme announced on 8 October 2021 (the Buyback Programme).

 

 Date of purchase:                                               27-Jan-22
 Number of ordinary shares purchased:                            511,220
 Highest price paid per ordinary share (GBp):                     96.50
 Lowest price paid per ordinary share (GBp):                      94.80
 Volume weighted average price paid per ordinary share (GBp):    95.7055

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 29,207,876 of its ordinary shares in treasury and
has 1,063,033,287 ordinary shares in issue (including treasury shares).
Therefore, the total number of ordinary shares with voting rights will be
1,033,825,411, which may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, IP Group under the FCA's
Disclosure Guidance and Transparency Rules.

 

IP Group will make further announcements following the completion of any
additional purchases pursuant to the Buyback Programme.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the schedule below contains detailed information about the
purchases made by Numis Securities Limited on behalf of IP Group as part of
the Buyback Programme.

 

Both aggregate data in respect of the Repurchased Shares as well as the
individual purchases are set out below.

 

Aggregate information:

 

Issuer name and ISIN: IP Group plc (ISIN: GB00B128J450)

 

 Date of purchases:                      27 January 2022
 Number of ordinary shares purchased:    511,220
 Volume weighted average price (pence):  95.7055

Individual transactions:

 

 Number of shares  Transaction price  Time of transaction  Trading venue

purchased
(per share)
 10069             96.20               08:10:44            LSE
 633               96.20               08:45:35            LSE
 977               96.20               08:45:35            LSE
 3601              96.20               08:45:35            LSE
 3598              96.20               08:45:35            LSE
 8612              95.80               09:35:58            LSE
 232               95.80               09:35:58            LSE
 522               95.80               09:35:58            LSE
 2344              96.50               10:20:00            LSE
 662               96.50               10:20:00            LSE
 6653              96.50               10:20:00            LSE
 250000            96.20               10:41:42            LSE
 8956              95.10               10:57:02            LSE
 1480              95.10               11:05:42            LSE
 338               95.50               11:18:02            LSE
 3000              95.50               11:18:02            LSE
 5455              95.40               11:18:42            LSE
 3959              95.40               11:19:30            LSE
 10195             95.60               11:34:18            LSE
 9125              95.30               12:50:33            LSE
 9270              95.50               13:18:02            LSE
 8193              95.40               13:57:03            LSE
 508               95.40               13:57:03            LSE
 1535              95.40               13:57:03            LSE
 8528              95.50               14:19:17            LSE
 10224             95.20               14:35:00            LSE
 78                95.20               14:35:00            LSE
 9276              95.50               14:45:57            LSE
 3000              95.30               15:00:58            LSE
 10255             95.30               15:16:54            LSE
 4569              94.90               15:46:44            LSE
 2400              94.90               15:46:44            LSE
 2400              94.90               15:46:44            LSE
 838               94.90               15:46:44            LSE
 1231              94.80               16:04:01            LSE
 1177              94.80               16:04:06            LSE
 974               94.80               16:05:31            LSE
 967               94.80               16:06:51            LSE
 9735              94.80               16:08:35            LSE
 5551              94.80               16:08:35            LSE
 9791              94.80               16:08:35            LSE
 78869             94.80               16:08:40            LSE
 1440              94.80               16:08:40            LSE

 

 For more information, please contact:
 IP Group plc                           www.ipgroupplc.com
 Liz Vaughan-Adams, Communications      +44 (0) 20 7444 0062/+44 (0) 7979 853802
 Charlotte Street Partners
 David Gaffney                          +44 (0) 7854 609998
 Andrew Wilson                          +44 (0) 7810 636995

 

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  POSZZGZMLNDGZZM