REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

19/12/2023 17:45

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RNS Number : 3708X  IP Group PLC  19 December 2023

Transaction in Own Shares

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), today announces that
Numis Securities Limited (which is trading for these purposes as Deutsche
Numis) ("Deutsche Numis"), 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 18(th) December 2023 (the Buyback Programme).

 

 Date of purchase:                                               19/12/2023
 Number of ordinary shares purchased:                            76,462
 Highest price paid per ordinary share (GBp):                    56.60
 Lowest price paid per ordinary share (GBp):                     56.40
 Volume weighted average price paid per ordinary share (GBp):    56.4939

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 26,349,680 of its ordinary shares in treasury and
has 1,063,188,005 ordinary shares in issue (including treasury shares).
Therefore, the total number of ordinary shares with voting rights will be
1,036,838,325 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 Deutsche Numis 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:                      19/12/2023
 Number of ordinary shares purchased:    76,462
 Volume weighted average price (pence):  56.4939

Individual transactions:

 

 Number of ordinary shares purchased  Transaction price  Time of transaction  Trading venue

(per share)
 4009                                 56.60               10:27:10            XLON
 194                                  56.60               10:27:10            XLON
 403                                  56.60               10:27:10            XLON
 141                                  56.60               10:27:10            XLON
 5676                                 56.50               11:20:35            XLON
 12000                                56.40               11:50:36            XLON
 83                                   56.40               11:50:36            XLON
 3679                                 56.40               11:50:36            XLON
 4238                                 56.40               11:50:36            XLON
 1712                                 56.60               13:49:16            XLON
 172                                  56.50               14:37:19            XLON
 1930                                 56.50               14:37:19            XLON
 1942                                 56.50               14:38:55            XLON
 631                                  56.50               14:38:55            XLON
 373                                  56.50               14:38:55            XLON
 10996                                56.50               14:38:55            XLON
 373                                  56.50               14:38:55            XLON
 2000                                 56.50               14:38:55            XLON
 5627                                 56.50               14:38:55            XLON
 2179                                 56.60               14:42:40            XLON
 703                                  56.60               14:42:40            XLON
 1829                                 56.60               14:42:40            XLON
 703                                  56.60               14:42:49            XLON
 4345                                 56.60               14:42:49            XLON
 233                                  56.60               14:42:49            XLON
 111                                  56.50               15:26:34            XLON
 452                                  56.50               15:26:34            XLON
 5421                                 56.40               15:32:24            XLON
 2566                                 56.60               16:12:26            XLON
 190                                  56.60               16:12:26            XLON
 1551                                 56.60               16:12:26            XLON

 

 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
 Vic Wallin                             +44 (0) 7973 823119
 Alex Donaldson                         +44 (0) 7516 729702

 

Further information on IP Group is available on our website:
www.ipgroupplc.com (http://www.ipgroupplc.com)

 

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