REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

16/02/2024 07:00

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RNS Number : 3559D  IP Group PLC  16 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:                                               15/02/2024
 Number of ordinary shares purchased:                            138,062
 Highest price paid per ordinary share (GBp):                    52.00
 Lowest price paid per ordinary share (GBp):                     50.00
 Volume weighted average price paid per ordinary share (GBp):    51.3804

 

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 28,829,658 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
1,034,358,347 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:                      15/02/2024
 Number of ordinary shares purchased:    138,062
 Volume weighted average price (pence):  51.3804

 

Individual transactions:

 

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

(GBp share)
 6910                                 50.00               08:34:20                      XLON
 414                                  50.30               13:10:29                      XLON
 662                                  50.70               13:39:51                      XLON
 598                                  50.70               13:39:51                      XLON
 1646                                 50.90               13:49:04                      XLON
 1893                                 50.90               13:49:04                      XLON
 1083                                 50.90               13:49:04                      XLON
 2221                                 50.90               13:49:04                      XLON
 7021                                 50.80               14:02:01                      XLON
 6590                                 51.40               14:49:53                      XLON
 6525                                 51.30               14:49:53                      XLON
 6681                                 51.30               14:58:16                      XLON
 6380                                 51.30               14:58:51                      XLON
 6740                                 51.00               15:07:42                      XLON
 7029                                 51.00               15:07:42                      XLON
 9483                                 51.00               15:10:38                      XLON
 233                                  51.50               15:57:40                      XLON
 11751                                51.50               15:57:41                      XLON
 11748                                51.50               15:57:43                      XLON
 6403                                 51.90               16:11:05                      XLON
 4038                                 52.00               16:14:44                      XLON
 12929                                52.00               16:14:45                      XLON
 4949                                 52.00               16:15:16                      XLON
 7055                                 52.00               16:16:41                      XLON
 7080                                 52.00               16:25:31                      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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