REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

07/03/2024 07:00

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RNS Number : 9008F  IP Group PLC  07 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:                                               06/03/2024
 Number of ordinary shares purchased:                            224,496
 Highest price paid per ordinary share (GBp):                    50.20
 Lowest price paid per ordinary share (GBp):                     48.80
 Volume weighted average price paid per ordinary share (GBp):    49.5271

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 31,013,866 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
1,032,174,139 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:                      06/03/2024
 Number of ordinary shares purchased:    224,496
 Volume weighted average price (pence):  49.5271

 

Individual transactions:

 

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

(GBp share)
 2374                                 48.80               09:31:21                      XLON
 3151                                 49.00               09:31:52                      XLON
 7646                                 49.05               09:32:07                      XLON
 9075                                 49.00               09:32:39                      XLON
 8464                                 49.00               10:03:52                      XLON
 8957                                 49.00               10:03:52                      XLON
 9095                                 48.85               10:03:53                      XLON
 2739                                 48.85               10:23:35                      XLON
 5938                                 48.85               10:23:35                      XLON
 1944                                 49.20               13:03:43                      XLON
 672                                  49.20               13:03:43                      XLON
 1607                                 49.20               13:03:45                      XLON
 1643                                 49.20               13:04:32                      XLON
 9081                                 49.20               13:11:25                      XLON
 3755                                 49.20               13:11:25                      XLON
 3442                                 49.30               13:11:25                      XLON
 4096                                 49.30               13:11:25                      XLON
 8342                                 49.15               13:18:39                      XLON
 8172                                 49.50               13:38:14                      XLON
 8156                                 49.50               13:40:10                      XLON
 8381                                 49.75               13:42:45                      XLON
 5209                                 50.00               14:07:27                      XLON
 3117                                 50.00               14:07:27                      XLON
 14972                                50.00               14:07:32                      XLON
 3419                                 50.00               14:07:32                      XLON
 468                                  50.00               14:07:32                      XLON
 4028                                 50.20               14:26:03                      XLON
 9144                                 50.10               14:56:20                      XLON
 7815                                 50.10               14:56:20                      XLON
 3370                                 49.95               14:56:20                      XLON
 4241                                 49.95               14:56:20                      XLON
 7848                                 50.00               14:57:24                      XLON
 9329                                 49.90               14:59:52                      XLON
 9280                                 49.75               15:04:51                      XLON
 497                                  49.70               15:39:58                      XLON
 7314                                 49.70               15:39:58                      XLON
 6876                                 49.60               15:59:59                      XLON
 2152                                 49.60               15:59:59                      XLON
 8687                                 49.85               16:18:39                      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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