REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

19/01/2024 18:30

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RNS Number : 3634A  IP Group PLC  19 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:                                               19/01/2024
 Number of ordinary shares purchased:                            94,755
 Highest price paid per ordinary share (GBp):                    55.60
 Lowest price paid per ordinary share (GBp):                     54.50
 Volume weighted average price paid per ordinary share (GBp):    54.8193

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 27,533,112 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
1,035,654,893 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:                      19/01/2024
 Number of ordinary shares purchased:    94,755
 Volume weighted average price (pence):  54.8193

 

Individual transactions:

 

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

(GBp share)
 3504                                 55.40               09:37:02                      XLON
 198                                  55.40               09:37:02                      XLON
 1338                                 55.40               09:37:02                      XLON
 3647                                 55.50               09:37:02                      XLON
 1991                                 55.60               09:37:02                      XLON
 25000                                55.00               12:19:26                      XLON
 300                                  54.90               12:30:40                      XLON
 3647                                 54.90               12:30:40                      XLON
 3454                                 54.80               13:42:39                      XLON
 1668                                 54.80               13:42:39                      XLON
 3696                                 54.50               14:23:53                      XLON
 1984                                 54.50               14:23:53                      XLON
 4401                                 54.50               14:36:32                      XLON
 384                                  54.50               14:36:32                      XLON
 2370                                 54.50               14:36:32                      XLON
 5040                                 54.60               14:54:07                      XLON
 5685                                 54.50               15:01:05                      XLON
 3495                                 54.50               15:34:03                      XLON
 1430                                 54.50               15:34:03                      XLON
 283                                  54.60               16:03:44                      XLON
 5098                                 54.60               16:03:44                      XLON
 5583                                 54.70               16:06:44                      XLON
 877                                  54.70               16:06:44                      XLON
 2000                                 54.70               16:06:44                      XLON
 1163                                 54.70               16:06:52                      XLON
 278                                  54.70               16:07:04                      XLON
 515                                  54.70               16:07:07                      XLON
 543                                  54.70               16:11:26                      XLON
 17                                   54.70               16:14:18                      XLON
 8                                    54.70               16:14:18                      XLON
 1068                                 54.70               16:15:05                      XLON
 1958                                 54.70               16:15:10                      XLON
 209                                  54.70               16:15:24                      XLON
 923                                  54.70               16:16:00                      XLON
 1000                                 54.70               16:21:45                      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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