REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

29/01/2024 07:00

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RNS Number : 1271B  IP Group PLC  29 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:                                               26/01/2024
 Number of ordinary shares purchased:                            74,350
 Highest price paid per ordinary share (GBp):                    56.80
 Lowest price paid per ordinary share (GBp):                     55.50
 Volume weighted average price paid per ordinary share (GBp):    56.0760

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 27,767,051 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
1,035,420,954 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:                      26/01/2024
 Number of ordinary shares purchased:    74,350
 Volume weighted average price (pence):  56.0760

 

Individual transactions:

 

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

(GBp share)
 889                                  56.80               09:57:06                      XLON
 2017                                 56.80               09:57:06                      XLON
 400                                  56.80               09:57:06                      XLON
 907                                  56.80               09:57:06                      XLON
 338                                  56.80               09:57:43                      XLON
 3287                                 56.80               09:57:43                      XLON
 1481                                 56.80               09:58:43                      XLON
 2340                                 56.80               09:58:43                      XLON
 846                                  56.10               11:38:41                      XLON
 4865                                 56.10               11:38:41                      XLON
 3574                                 56.30               12:11:12                      XLON
 484                                  56.30               12:11:12                      XLON
 2392                                 56.50               12:46:32                      XLON
 3153                                 56.40               12:55:44                      XLON
 139                                  56.40               12:55:44                      XLON
 1683                                 56.40               12:55:44                      XLON
 4976                                 56.20               13:26:37                      XLON
 69                                   55.90               14:21:17                      XLON
 4836                                 55.90               14:21:17                      XLON
 4767                                 55.50               15:04:24                      XLON
 3309                                 55.50               15:30:53                      XLON
 3652                                 55.60               15:30:53                      XLON
 1587                                 55.60               15:30:53                      XLON
 700                                  55.60               15:30:53                      XLON
 11298                                55.80               15:44:13                      XLON
 3652                                 55.80               16:02:00                      XLON
 484                                  55.80               16:02:00                      XLON
 936                                  55.80               16:02:00                      XLON
 2146                                 56.10               16:20:24                      XLON
 311                                  56.10               16:20:24                      XLON
 2832                                 56.10               16:20:24                      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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