REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

04/03/2024 07:00

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RNS Number : 3528F  IP Group PLC  04 March 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:                                               01/03/2024
 Number of ordinary shares purchased:                            219,486
 Highest price paid per ordinary share (GBp):                    49.25
 Lowest price paid per ordinary share (GBp):                     47.80
 Volume weighted average price paid per ordinary share (GBp):    48.6730

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 30,578,742 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
1,032,609,263 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:                      01/03/2024
 Number of ordinary shares purchased:    219,486
 Volume weighted average price (pence):  48.6730

 

Individual transactions:

 

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

(GBp share)
 2000                                 48.40               10:03:24                      XLON
 6082                                 48.40               10:03:24                      XLON
 1919                                 48.30               10:22:56                      XLON
 249                                  48.30               10:22:56                      XLON
 7310                                 48.30               10:22:56                      XLON
 9319                                 48.35               12:16:57                      XLON
 1135                                 47.80               14:28:13                      XLON
 1394                                 47.80               14:28:13                      XLON
 6843                                 47.80               14:28:13                      XLON
 8298                                 47.80               14:51:42                      XLON
 9436                                 48.55               15:24:17                      XLON
 3971                                 48.65               15:24:17                      XLON
 4248                                 48.65               15:24:17                      XLON
 641                                  48.65               15:24:17                      XLON
 576                                  48.65               15:24:17                      XLON
 11704                                48.50               15:24:31                      XLON
 218                                  48.50               15:24:31                      XLON
 5782                                 48.50               15:24:31                      XLON
 2674                                 48.50               15:24:38                      XLON
 6731                                 48.50               15:25:03                      XLON
 7925                                 48.50               15:27:54                      XLON
 10316                                48.50               15:27:54                      XLON
 8734                                 48.50               15:31:21                      XLON
 748                                  48.70               15:42:44                      XLON
 1242                                 48.70               15:42:53                      XLON
 334                                  48.95               15:53:46                      XLON
 8793                                 48.95               15:54:45                      XLON
 5829                                 49.00               15:54:45                      XLON
 4144                                 48.95               15:55:02                      XLON
 8037                                 49.00               15:55:29                      XLON
 9565                                 49.05               16:06:47                      XLON
 7823                                 48.95               16:11:06                      XLON
 3838                                 48.90               16:11:10                      XLON
 9235                                 48.95               16:13:01                      XLON
 1655                                 49.10               16:20:42                      XLON
 502                                  49.10               16:20:42                      XLON
 288                                  49.20               16:24:40                      XLON
 737                                  49.20               16:24:40                      XLON
 1924                                 49.25               16:25:27                      XLON
 2555                                 49.25               16:25:27                      XLON
 4548                                 49.25               16:25:27                      XLON
 9103                                 49.10               16:26:04                      XLON
 9103                                 49.00               16:26:09                      XLON
 11978                                49.00               16:26:22                      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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