REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

12/04/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240412:nRSL3523Ka&default-theme=true

RNS Number : 3523K  IP Group PLC  12 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:                                               11/04/2024
 Number of ordinary shares purchased:                            48,732
 Highest price paid per ordinary share (GBp):                    47.70
 Lowest price paid per ordinary share (GBp):                     47.20
 Volume weighted average price paid per ordinary share (GBp):    47.3806

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 35,068,104 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
1,028,119,901 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:                      11/04/2024
 Number of ordinary shares purchased:    48,732
 Volume weighted average price (pence):  47.3806

 

Individual transactions:

 

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

(GBp share)
 2098                                 47.35               08:49:51                      XLON
 4891                                 47.35               08:49:51                      XLON
 2034                                 47.25               11:05:11                      XLON
 1997                                 47.20               11:29:16                      XLON
 1984                                 47.20               11:29:16                      XLON
 4138                                 47.20               11:29:16                      XLON
 170                                  47.35               12:47:29                      XLON
 21                                   47.35               12:47:29                      XLON
 6808                                 47.35               12:47:29                      XLON
 333                                  47.35               12:47:29                      XLON
 6999                                 47.35               12:47:29                      XLON
 14                                   47.35               12:47:29                      XLON
 511                                  47.35               12:47:59                      XLON
 6545                                 47.60               15:03:48                      XLON
 2100                                 47.60               15:03:48                      XLON
 19                                   47.60               15:03:48                      XLON
 2133                                 47.70               15:03:48                      XLON
 5937                                 47.35               16:12:28                      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)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSKZGMDNMMGDZM