REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

04/01/2024 07:00

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RNS Number : 5861Y  IP Group PLC  04 January 2024

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:                                               03/01/2024
 Number of ordinary shares purchased:                            34,972
 Highest price paid per ordinary share (GBp):                    55.50
 Lowest price paid per ordinary share (GBp):                     54.80
 Volume weighted average price paid per ordinary share (GBp):    55.0021

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 26,565,415 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
1,036,622,590 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:                      03/01/2024
 Number of ordinary shares purchased:    34,972
 Volume weighted average price (pence):  55.0021

 

Individual transactions:

 Number of ordinary shares purchased  Transaction price  Time of transaction (UK Time)  Trading venue

(GBp share)
 126                                  55.50               09:06:39                      XLON
 334                                  55.50               09:08:03                      XLON
 300                                  55.40               09:12:58                      XLON
 356                                  55.40               09:12:58                      XLON
 300                                  55.30               09:27:07                      XLON
 322                                  55.20               09:37:29                      XLON
 168                                  55.20               09:37:29                      XLON
 896                                  55.20               10:26:07                      XLON
 1409                                 55.10               10:26:08                      XLON
 171                                  55.10               10:26:08                      XLON
 208                                  55.10               10:26:08                      XLON
 1                                    55.10               10:26:08                      XLON
 1051                                 55.10               10:26:08                      XLON
 1051                                 55.10               10:26:08                      XLON
 191                                  55.10               10:26:08                      XLON
 921                                  55.30               10:50:28                      XLON
 423                                  55.10               10:50:40                      XLON
 314                                  55.10               10:59:18                      XLON
 648                                  55.10               10:59:18                      XLON
 100                                  55.10               10:59:18                      XLON
 122                                  55.10               10:59:18                      XLON
 360                                  55.10               10:59:18                      XLON
 162                                  55.10               10:59:18                      XLON
 2050                                 55.00               12:27:35                      XLON
 795                                  55.00               12:30:13                      XLON
 2482                                 55.00               12:30:13                      XLON
 338                                  55.00               12:30:13                      XLON
 2052                                 54.80               12:30:48                      XLON
 783                                  55.00               12:52:41                      XLON
 2196                                 54.90               14:07:48                      XLON
 1604                                 54.90               14:07:48                      XLON
 760                                  54.90               14:07:48                      XLON
 751                                  54.90               14:07:48                      XLON
 1520                                 54.90               14:07:48                      XLON
 663                                  54.80               14:13:58                      XLON
 2280                                 54.90               14:15:03                      XLON
 141                                  54.90               14:33:37                      XLON
 2139                                 54.90               14:36:00                      XLON
 334                                  55.00               15:34:47                      XLON
 2448                                 55.00               16:02:57                      XLON
 1702                                 55.00               16:16:21                      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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