REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

12/01/2024 18:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240112:nRSL6065Za&default-theme=true

RNS Number : 6065Z  IP Group PLC  12 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:                                               12/01/2024
 Number of ordinary shares purchased:                            58,271
 Highest price paid per ordinary share (GBp):                    54.60
 Lowest price paid per ordinary share (GBp):                     54.30
 Volume weighted average price paid per ordinary share (GBp):    54.5038

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 27,025,340 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
1,036,162,665 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:                      12/01/2024
 Number of ordinary shares purchased:    58,271
 Volume weighted average price (pence):  54.5038

 

Individual transactions:

 

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

(GBp share)
 766                                  54.30               09:53:19                      XLON
 4455                                 54.30               10:30:11                      XLON
 4690                                 54.60               12:26:49                      XLON
 540                                  54.50               12:58:07                      XLON
 3242                                 54.50               12:58:07                      XLON
 998                                  54.50               12:58:07                      XLON
 974                                  54.60               13:19:55                      XLON
 500                                  54.60               13:19:55                      XLON
 670                                  54.60               13:30:05                      XLON
 500                                  54.60               13:30:05                      XLON
 125                                  54.60               13:50:05                      XLON
 500                                  54.60               13:52:07                      XLON
 500                                  54.60               13:52:07                      XLON
 500                                  54.60               13:52:07                      XLON
 500                                  54.60               13:52:07                      XLON
 500                                  54.60               13:52:07                      XLON
 500                                  54.60               13:52:46                      XLON
 500                                  54.60               13:52:46                      XLON
 500                                  54.60               13:53:05                      XLON
 2570                                 54.60               13:53:05                      XLON
 1000                                 54.60               13:56:57                      XLON
 1248                                 54.60               13:56:57                      XLON
 25                                   54.60               13:56:57                      XLON
 1000                                 54.60               13:56:57                      XLON
 1000                                 54.60               13:56:57                      XLON
 1000                                 54.60               14:02:57                      XLON
 1000                                 54.60               14:07:27                      XLON
 1000                                 54.60               14:07:28                      XLON
 1000                                 54.60               14:15:00                      XLON
 1000                                 54.60               14:15:00                      XLON
 683                                  54.60               14:15:25                      XLON
 1000                                 54.60               14:15:25                      XLON
 1000                                 54.60               14:20:23                      XLON
 1000                                 54.60               14:21:23                      XLON
 408                                  54.60               14:21:23                      XLON
 1897                                 54.60               14:21:23                      XLON
 800                                  54.60               15:07:21                      XLON
 3666                                 54.60               15:07:21                      XLON
 300                                  54.50               15:14:45                      XLON
 3666                                 54.50               15:14:45                      XLON
 5164                                 54.30               15:38:04                      XLON
 5384                                 54.30               15:59:07                      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)

 

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  POSZZGMMRZNGDZM