REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

02/04/2024 07:00

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RNS Number : 8156I  IP Group PLC  02 April 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:                                               28/03/2024
 Number of ordinary shares purchased:                            96,993
 Highest price paid per ordinary share (GBp):                    47.95
 Lowest price paid per ordinary share (GBp):                     47.20
 Volume weighted average price paid per ordinary share (GBp):    47.6539

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 33,994,106 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
1,029,193,899 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:                      28/03/2024
 Number of ordinary shares purchased:    96,993
 Volume weighted average price (pence):  47.6539

 

Individual transactions:

 

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

(GBp share)
 11283                                47.20               09:12:36                      XLON
 7536                                 47.95               13:27:14                      XLON
 4742                                 47.95               13:27:14                      XLON
 1665                                 47.80               13:42:41                      XLON
 2400                                 47.80               13:42:41                      XLON
 7407                                 47.80               14:10:03                      XLON
 10590                                47.55               14:18:03                      XLON
 2006                                 47.60               15:06:07                      XLON
 786                                  47.60               15:06:07                      XLON
 12775                                47.55               15:06:09                      XLON
 773                                  47.55               15:06:09                      XLON
 1161                                 47.55               15:06:09                      XLON
 255                                  47.60               15:06:09                      XLON
 1528                                 47.60               15:06:09                      XLON
 1164                                 47.60               15:06:09                      XLON
 565                                  47.60               15:06:09                      XLON
 1035                                 47.50               15:57:09                      XLON
 151                                  47.50               15:57:09                      XLON
 100                                  47.50               15:57:09                      XLON
 200                                  47.50               15:57:09                      XLON
 1435                                 47.65               16:05:00                      XLON
 4011                                 47.70               16:06:16                      XLON
 1761                                 47.75               16:07:16                      XLON
 443                                  47.75               16:07:16                      XLON
 9725                                 47.75               16:07:16                      XLON
 4121                                 47.80               16:17:16                      XLON
 7375                                 47.80               16:17:16                      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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