REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

15/03/2024 07:00

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RNS Number : 9550G  IP Group PLC  15 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:                                               14/03/2024
 Number of ordinary shares purchased:                            120,012
 Highest price paid per ordinary share (GBp):                    49.60
 Lowest price paid per ordinary share (GBp):                     47.90
 Volume weighted average price paid per ordinary share (GBp):    48.8691

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 32,077,885 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
1,031,110,120 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:                      14/03/2024
 Number of ordinary shares purchased:    120,012
 Volume weighted average price (pence):  48.8691

 

Individual transactions:

 

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

(GBp share)
 3051                                 48.20               08:56:58                      XLON
 371                                  48.90               09:35:51                      XLON
 3079                                 48.90               09:35:51                      XLON
 1545                                 48.90               09:35:51                      XLON
 3131                                 49.15               09:40:50                      XLON
 859                                  49.00               10:21:35                      XLON
 8376                                 49.00               10:21:35                      XLON
 746                                  49.60               11:38:52                      XLON
 8403                                 49.60               11:38:52                      XLON
 7100                                 49.60               12:24:45                      XLON
 1037                                 49.60               12:24:45                      XLON
 1019                                 49.60               12:24:45                      XLON
 4084                                 49.25               13:43:47                      XLON
 3817                                 49.25               13:43:47                      XLON
 337                                  49.15               13:43:47                      XLON
 5075                                 49.15               13:43:47                      XLON
 7392                                 49.15               13:43:47                      XLON
 1195                                 49.15               13:44:05                      XLON
 9273                                 49.35               13:53:12                      XLON
 9300                                 49.15               14:16:08                      XLON
 1003                                 49.15               14:16:08                      XLON
 10109                                48.40               14:58:32                      XLON
 694                                  48.15               15:29:23                      XLON
 6669                                 48.15               15:29:23                      XLON
 1983                                 48.15               15:29:23                      XLON
 5527                                 47.90               16:04:35                      XLON
 3778                                 47.90               16:04:35                      XLON
 183                                  48.20               16:25:04                      XLON
 4935                                 48.20               16:25:04                      XLON
 5169                                 48.20               16:25:04                      XLON
 36                                   48.20               16:25:04                      XLON
 736                                  48.20               16:25:04                      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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