REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

25/03/2024 18:15

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RNS Number : 2290I  IP Group PLC  25 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:                                               25/03/2024
 Number of ordinary shares purchased:                            268,492
 Highest price paid per ordinary share (GBp):                    46.60
 Lowest price paid per ordinary share (GBp):                     45.80
 Volume weighted average price paid per ordinary share (GBp):    46.1824

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 33,686,843 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
1,029,501,162 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:                      25/03/2024
 Number of ordinary shares purchased:    268,492
 Volume weighted average price (pence):  46.1824

 

Individual transactions:

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

(GBp share)
 4347                                 46.55               08:56:31                      XLON
 5837                                 46.55               08:56:31                      XLON
 9978                                 46.45               08:56:33                      XLON
 1282                                 45.80               08:56:39                      XLON
 10148                                45.80               08:56:39                      XLON
 11320                                46.00               09:33:26                      XLON
 10568                                46.00               10:10:29                      XLON
 7777                                 46.00               10:33:18                      XLON
 812                                  46.00               10:33:18                      XLON
 2444                                 46.15               11:42:13                      XLON
 464                                  46.15               11:42:13                      XLON
 3211                                 46.15               11:42:13                      XLON
 2319                                 46.10               11:42:13                      XLON
 100000                               46.08               11:42:29                      XLON
 12221                                46.25               15:24:16                      XLON
 12221                                46.20               15:25:01                      XLON
 14480                                46.20               15:25:01                      XLON
 11892                                46.20               15:25:56                      XLON
 4800                                 46.30               15:32:31                      XLON
 2400                                 46.30               15:32:31                      XLON
 2400                                 46.45               15:36:33                      XLON
 2965                                 46.45               15:36:33                      XLON
 7200                                 46.60               15:40:02                      XLON
 4091                                 46.60               15:40:02                      XLON
 4320                                 46.60               15:43:02                      XLON
 812                                  46.60               15:43:02                      XLON
 4567                                 46.60               15:43:02                      XLON
 1593                                 46.60               15:43:02                      XLON
 2858                                 46.30               15:59:54                      XLON
 2847                                 46.30               16:01:45                      XLON
 5375                                 46.30               16:08:37                      XLON
 943                                  46.30               16:20:49                      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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