REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

22/03/2024 07:00

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RNS Number : 8716H  IP Group PLC  22 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:                                               21/03/2024
 Number of ordinary shares purchased:                            350,000
 Highest price paid per ordinary share (GBp):                    46.45
 Lowest price paid per ordinary share (GBp):                     45.80
 Volume weighted average price paid per ordinary share (GBp):    46.0047

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 33,234,831 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
1,029,953,174 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:                      21/03/2024
 Number of ordinary shares purchased:    350,000
 Volume weighted average price (pence):  46.0047

 

Individual transactions:

 

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

(GBp share)
 11919                                45.85               08:18:02                      XLON
 500                                  46.05               09:00:41                      XLON
 711                                  46.05               09:00:41                      XLON
 9232                                 46.05               09:00:41                      XLON
 6690                                 45.90               09:00:45                      XLON
 4088                                 45.90               09:00:45                      XLON
 10861                                46.45               10:54:22                      XLON
 10742                                46.45               10:54:22                      XLON
 7597                                 46.30               10:54:22                      XLON
 3336                                 46.30               10:54:22                      XLON
 11669                                46.10               12:30:50                      XLON
 11268                                46.05               13:00:01                      XLON
 11803                                46.00               13:30:05                      XLON
 5344                                 45.85               14:07:47                      XLON
 8462                                 45.85               14:08:57                      XLON
 4707                                 45.85               14:08:57                      XLON
 13694                                46.05               15:03:25                      XLON
 28505                                46.00               15:03:46                      XLON
 14275                                46.00               15:03:46                      XLON
 9665                                 46.00               15:03:46                      XLON
 10269                                46.00               15:05:22                      XLON
 63434                                46.00               15:07:00                      XLON
 11919                                46.00               15:07:05                      XLON
 10226                                46.00               15:12:51                      XLON
 11862                                45.90               15:26:05                      XLON
 1712                                 45.95               15:31:39                      XLON
 9160                                 45.95               15:31:39                      XLON
 10934                                45.90               15:32:01                      XLON
 6564                                 45.85               15:52:42                      XLON
 5371                                 45.85               15:52:42                      XLON
 10054                                45.80               15:58:59                      XLON
 2802                                 45.85               16:27:50                      XLON
 4069                                 45.85               16:27:50                      XLON
 335                                  45.85               16:27:50                      XLON
 1676                                 45.85               16:27:50                      XLON
 4545                                 45.85               16:27:50                      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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