REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

09/02/2024 07:00

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RNS Number : 5622C  IP Group PLC  09 February 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:                                               08/02/2024
 Number of ordinary shares purchased:                            65,924
 Highest price paid per ordinary share (GBp):                    51.4000
 Lowest price paid per ordinary share (GBp):                     50.8000
 Volume weighted average price paid per ordinary share (GBp):    51.0666

 

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 28,423,234 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
1,034,764,771 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:                      08/02/2024
 Number of ordinary shares purchased:    65,924
 Volume weighted average price (pence):  51.0666

 

Individual transactions:

 

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

(GBp share)
 1932                                 51.0000             09:33:17                      XLON
 4901                                 50.90               09:34:52                      XLON
 5190                                 51.00               10:04:33                      XLON
 5039                                 50.90               11:13:37                      XLON
 4036                                 50.90               11:13:37                      XLON
 1337                                 50.90               11:13:37                      XLON
 4520                                 51.40               11:41:44                      XLON
 5201                                 51.40               11:41:44                      XLON
 1176                                 51.30               11:41:44                      XLON
 499                                  51.40               11:41:44                      XLON
 6723                                 51.20               11:41:50                      XLON
 6008                                 51.10               11:41:50                      XLON
 3582                                 51.00               11:42:48                      XLON
 1647                                 51.00               11:42:48                      XLON
 4267                                 51.10               13:31:25                      XLON
 4675                                 51.00               15:27:09                      XLON
 530                                  51.00               15:27:09                      XLON
 1480                                 50.80               15:55:02                      XLON
 2757                                 50.80               15:55:02                      XLON
 52                                   50.90               16:27:58                      XLON
 165                                  50.90               16:28:36                      XLON
 2                                    50.90               16:28:41                      XLON
 205                                  50.90               16:28:47                      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
 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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