REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

24/04/2024 07:00

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RNS Number : 7665L  IP Group PLC  24 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:                                               23/04/2024
 Number of ordinary shares purchased:                            182,893
 Highest price paid per ordinary share (GBp):                    48.35
 Lowest price paid per ordinary share (GBp):                     47.70
 Volume weighted average price paid per ordinary share (GBp):    48.0096

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 31,240,534 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
1,031,947,471 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:                      23/04/2024
 Number of ordinary shares purchased:    182,893
 Volume weighted average price (pence):  48.0096

 

Individual transactions:

 

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

(GBp share)
 170                                  48.35               09:34:08                      XLON
 5540                                 48.35               09:34:08                      XLON
 5737                                 48.35               12:10:04                      XLON
 7936                                 47.95               12:59:06                      XLON
 6109                                 47.70               13:30:01                      XLON
 5277                                 47.75               14:29:50                      XLON
 5516                                 48.00               15:21:16                      XLON
 12216                                48.00               15:21:16                      XLON
 9145                                 48.00               15:21:24                      XLON
 922                                  48.00               15:21:24                      XLON
 6610                                 48.00               15:21:24                      XLON
 3862                                 48.00               15:21:24                      XLON
 2260                                 48.00               15:21:24                      XLON
 11913                                48.00               15:24:49                      XLON
 1586                                 48.00               15:24:49                      XLON
 13014                                48.00               15:24:49                      XLON
 1410                                 48.00               15:24:49                      XLON
 6042                                 48.00               15:39:38                      XLON
 5365                                 48.00               15:39:38                      XLON
 1477                                 48.00               15:39:38                      XLON
 9494                                 48.05               15:48:07                      XLON
 5366                                 48.05               15:48:07                      XLON
 1149                                 48.05               15:48:07                      XLON
 7178                                 48.00               15:54:32                      XLON
 6273                                 48.00               15:54:33                      XLON
 6246                                 48.00               15:56:01                      XLON
 6393                                 48.00               15:56:03                      XLON
 5340                                 48.00               15:56:07                      XLON
 6077                                 48.00               15:56:07                      XLON
 5783                                 48.00               15:56:07                      XLON
 6463                                 48.00               15:56:07                      XLON
 861                                  48.10               16:22:19                      XLON
 859                                  48.10               16:25:07                      XLON
 26                                   48.10               16:26:53                      XLON
 1749                                 48.10               16:27:03                      XLON
 23                                   48.10               16:28:01                      XLON
 1506                                 48.10               16:28:44                      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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