REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

16/02/2024 17:45

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RNS Number : 5105D  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:                                               16/02/2024
 Number of ordinary shares purchased:                            55,413
 Highest price paid per ordinary share (GBp):                    52.80
 Lowest price paid per ordinary share (GBp):                     51.40
 Volume weighted average price paid per ordinary share (GBp):    51.8831

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 28,885,071 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
1,034,302,934 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:                      16/02/2024
 Number of ordinary shares purchased:    55,413
 Volume weighted average price (pence):  51.8831

 

Individual transactions:

 

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

(GBp share)
 1429                                 52.80               08:34:29                      XLON
 1656                                 52.50               09:39:10                      XLON
 4910                                 52.50               09:39:10                      XLON
 3668                                 52.50               09:39:10                      XLON
 220                                  52.50               09:39:10                      XLON
 2113                                 52.60               09:39:10                      XLON
 838                                  52.00               13:00:00                      XLON
 1309                                 52.00               13:00:00                      XLON
 4554                                 52.00               13:00:00                      XLON
 3913                                 51.90               14:23:07                      XLON
 2563                                 51.90               14:23:07                      XLON
 6625                                 51.60               14:23:27                      XLON
 4347                                 51.60               14:26:06                      XLON
 6438                                 51.50               14:56:58                      XLON
 1003                                 51.50               15:39:00                      XLON
 430                                  51.50               15:39:00                      XLON
 358                                  51.50               15:39:00                      XLON
 1044                                 51.50               15:39:00                      XLON
 176                                  51.50               15:43:10                      XLON
 91                                   51.50               15:43:10                      XLON
 39                                   51.50               15:43:10                      XLON
 32                                   51.50               15:43:10                      XLON
 1662                                 51.50               15:43:10                      XLON
 854                                  51.50               15:43:10                      XLON
 366                                  51.50               15:43:10                      XLON
 305                                  51.50               15:43:10                      XLON
 1123                                 51.40               16:21:50                      XLON
 356                                  51.40               16:21:50                      XLON
 2991                                 51.40               16:21:50                      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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