REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

17/01/2024 07:00

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RNS Number : 9107Z  IP Group PLC  17 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:                                               16/01/2024
 Number of ordinary shares purchased:                            54,669
 Highest price paid per ordinary share (GBp):                    54.70
 Lowest price paid per ordinary share (GBp):                     54.00
 Volume weighted average price paid per ordinary share (GBp):    54.4729

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 27,209,816 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
1,035,978,189 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:                      16/01/2024
 Number of ordinary shares purchased:    54,669
 Volume weighted average price (pence):  54.4729

 

 

Individual transactions:

 

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

(GBp share)
 4700                                 54.30               10:04:01                      XLON
 5210                                 54.10               10:04:04                      XLON
 5349                                 54.00               11:39:18                      XLON
 300                                  54.40               13:32:42                      XLON
 287                                  54.40               13:32:42                      XLON
 679                                  54.40               13:32:42                      XLON
 978                                  54.40               13:32:42                      XLON
 1918                                 54.70               13:49:58                      XLON
 1264                                 54.70               13:49:59                      XLON
 824                                  54.70               13:49:59                      XLON
 159                                  54.70               13:49:59                      XLON
 653                                  54.70               13:50:03                      XLON
 1722                                 54.70               13:52:22                      XLON
 2968                                 54.70               13:52:22                      XLON
 300                                  54.70               14:10:38                      XLON
 1019                                 54.70               14:10:38                      XLON
 631                                  54.70               14:10:38                      XLON
 3491                                 54.70               14:10:38                      XLON
 5269                                 54.50               14:32:26                      XLON
 819                                  54.40               14:59:26                      XLON
 5226                                 54.40               15:12:29                      XLON
 1                                    54.60               15:35:03                      XLON
 5001                                 54.70               15:35:22                      XLON
 186                                  54.60               15:35:22                      XLON
 631                                  54.70               15:35:22                      XLON
 1295                                 54.70               15:35:22                      XLON
 2713                                 54.70               15:35:22                      XLON
 467                                  54.60               16:13:17                      XLON
 208                                  54.60               16:13:17                      XLON
 123                                  54.60               16:13:17                      XLON
 278                                  54.60               16:13:18                      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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