REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

29/02/2024 07:00

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RNS Number : 8638E  IP Group PLC  29 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:                                               28/02/2024
 Number of ordinary shares purchased:                            114,367
 Highest price paid per ordinary share (GBp):                    48.85
 Lowest price paid per ordinary share (GBp):                     48.00
 Volume weighted average price paid per ordinary share (GBp):    48.4135

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 30,244,235 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
1,032,943,770 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:                      28/02/2024
 Number of ordinary shares purchased:    114,367
 Volume weighted average price (pence):  48.4135

 

Individual transactions:

 

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

(GBp share)
 9303                                 48.75               09:25:31                      XLON
 6252                                 48.75               09:25:31                      XLON
 1383                                 48.75               09:25:31                      XLON
 7630                                 48.85               10:17:20                      XLON
 8119                                 48.85               10:31:42                      XLON
 7776                                 48.75               12:10:14                      XLON
 1623                                 48.55               13:19:49                      XLON
 3326                                 48.55               13:20:39                      XLON
 2713                                 48.55               13:20:39                      XLON
 479                                  48.35               13:33:37                      XLON
 481                                  48.35               13:33:37                      XLON
 6552                                 48.35               13:33:37                      XLON
 8770                                 48.00               14:38:23                      XLON
 8753                                 48.15               14:38:23                      XLON
 1941                                 48.15               14:40:48                      XLON
 3748                                 48.15               14:41:26                      XLON
 2240                                 48.15               14:44:08                      XLON
 6558                                 48.15               14:44:08                      XLON
 530                                  48.10               14:50:52                      XLON
 1642                                 48.10               14:54:08                      XLON
 1619                                 48.10               14:57:28                      XLON
 1729                                 48.10               14:59:53                      XLON
 1493                                 48.10               14:59:53                      XLON
 1645                                 48.10               14:59:53                      XLON
 2342                                 48.10               14:59:53                      XLON
 1142                                 48.20               15:29:53                      XLON
 4118                                 48.20               15:31:55                      XLON
 2549                                 48.20               15:31:55                      XLON
 7911                                 48.30               16:09:55                      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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