REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

12/03/2024 07:00

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RNS Number : 4218G  IP Group PLC  12 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:                                               11/03/2024
 Number of ordinary shares purchased:                            131,219
 Highest price paid per ordinary share (GBp):                    51.60
 Lowest price paid per ordinary share (GBp):                     50.80
 Volume weighted average price paid per ordinary share (GBp):    51.2184

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 31,498,425 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
1,031,689,580 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:                      11/03/2024
 Number of ordinary shares purchased:    131,219
 Volume weighted average price (pence):  51.2184

 

Individual transactions:

 

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

(GBp share)
 6613                                 51.10               08:10:33                      XLON
 2336                                 51.10               08:10:33                      XLON
 8563                                 50.80               09:33:11                      XLON
 100                                  51.10               10:53:53                      XLON
 6050                                 51.60               11:28:11                      XLON
 3072                                 51.60               11:28:11                      XLON
 11010                                51.50               11:29:00                      XLON
 8330                                 51.50               11:29:00                      XLON
 4395                                 51.40               11:29:06                      XLON
 4056                                 51.40               11:29:06                      XLON
 4195                                 51.40               12:05:00                      XLON
 153                                  51.40               12:05:00                      XLON
 3959                                 51.40               12:05:00                      XLON
 8670                                 51.20               12:17:28                      XLON
 8776                                 51.00               12:17:30                      XLON
 7965                                 51.20               13:59:30                      XLON
 3459                                 51.20               13:59:30                      XLON
 3470                                 51.20               13:59:30                      XLON
 466                                  51.20               13:59:30                      XLON
 602                                  51.20               13:59:30                      XLON
 9335                                 51.10               15:31:52                      XLON
 8700                                 51.10               15:31:52                      XLON
 4088                                 51.10               15:31:52                      XLON
 4338                                 51.10               15:31:52                      XLON
 437                                  51.10               15:31:52                      XLON
 8081                                 51.00               16:27:10                      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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