REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

18/03/2024 07:00

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RNS Number : 1257H  IP Group PLC  18 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:                                               15/03/2024
 Number of ordinary shares purchased:                            227,668
 Highest price paid per ordinary share (GBp):                    49.15
 Lowest price paid per ordinary share (GBp):                     47.75
 Volume weighted average price paid per ordinary share (GBp):    48.3876

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 32,305,553 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
1,030,882,452 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:                      15/03/2024
 Number of ordinary shares purchased:    227,668
 Volume weighted average price (pence):  48.3876

 

Individual transactions:

 

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

(GBp share)
 2100                                 48.55               08:39:35                      XLON
 4740                                 48.35               09:11:05                      XLON
 5597                                 48.35               09:11:05                      XLON
 5683                                 48.60               10:15:03                      XLON
 120                                  48.60               10:15:03                      XLON
 23521                                48.60               10:15:03                      XLON
 10641                                48.60               10:15:03                      XLON
 8556                                 48.60               10:15:03                      XLON
 9153                                 48.60               10:15:03                      XLON
 3264                                 49.15               10:39:49                      XLON
 5333                                 49.15               10:39:49                      XLON
 9792                                 49.05               10:39:49                      XLON
 230                                  48.85               12:10:15                      XLON
 30                                   48.85               12:10:15                      XLON
 230                                  48.85               12:10:15                      XLON
 8180                                 48.85               12:10:15                      XLON
 8617                                 48.65               12:14:17                      XLON
 200                                  48.30               12:14:18                      XLON
 2123                                 48.30               12:14:20                      XLON
 5770                                 48.30               12:14:20                      XLON
 163                                  48.30               12:27:56                      XLON
 3751                                 48.30               12:27:56                      XLON
 8093                                 48.30               12:27:56                      XLON
 1344                                 48.30               12:27:57                      XLON
 570                                  48.30               12:31:37                      XLON
 11552                                48.30               12:31:37                      XLON
 1302                                 48.00               12:31:49                      XLON
 7367                                 48.00               12:31:49                      XLON
 1886                                 48.40               12:41:05                      XLON
 427                                  48.40               12:41:05                      XLON
 7455                                 48.40               12:41:05                      XLON
 163                                  48.25               13:12:56                      XLON
 8822                                 48.25               13:12:56                      XLON
 9525                                 48.20               13:27:16                      XLON
 1036                                 48.10               15:06:58                      XLON
 250                                  48.10               15:07:03                      XLON
 1804                                 48.10               15:07:03                      XLON
 5866                                 48.10               15:07:03                      XLON
 8532                                 48.15               15:52:19                      XLON
 1600                                 48.00               16:11:08                      XLON
 7252                                 48.00               16:11:08                      XLON
 8986                                 47.90               16:22:17                      XLON
 9528                                 47.75               16:23:02                      XLON
 6513                                 47.80               16:28:52                      XLON
 1                                    47.80               16:28:52                      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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