REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

28/05/2024 07:00

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RNS Number : 9320P  IP Group PLC  28 May 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:                                               24/05/2024
 Number of ordinary shares purchased:                            238,379
 Highest price paid per ordinary share (GBp):                    52.00
 Lowest price paid per ordinary share (GBp):                     51.10
 Volume weighted average price paid per ordinary share (GBp):    51.9322

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 33,422,779 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
1,029,765,226 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:                      24/05/2024
 Number of ordinary shares purchased:    238,379
 Volume weighted average price (pence):  51.9322

 

Individual transactions:

 

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

(GBp share)
 2176                                 51.30               10:40:26                      XLON
 1600                                 51.30               10:40:26                      XLON
 1600                                 51.30               10:40:26                      XLON
 1518                                 51.30               10:40:26                      XLON
 1057                                 51.10               10:41:40                      XLON
 1600                                 51.10               10:41:40                      XLON
 3350                                 51.10               10:41:40                      XLON
 34                                   51.50               11:34:27                      XLON
 467                                  51.50               12:02:00                      XLON
 89                                   51.50               12:30:57                      XLON
 153                                  51.60               13:19:16                      XLON
 271                                  51.60               13:19:17                      XLON
 7                                    51.60               13:24:56                      XLON
 168                                  51.60               13:24:56                      XLON
 272                                  51.60               13:24:56                      XLON
 399                                  51.60               13:39:30                      XLON
 13375                                51.90               14:00:02                      XLON
 4403                                 51.90               14:00:02                      XLON
 52                                   51.80               14:00:06                      XLON
 6740                                 51.80               14:01:34                      XLON
 19387                                52.00               14:03:36                      XLON
 730                                  52.00               14:04:33                      XLON
 23985                                52.00               14:04:33                      XLON
 57                                   52.00               14:04:33                      XLON
 16448                                52.00               14:04:33                      XLON
 23255                                52.00               14:04:33                      XLON
 3592                                 51.90               14:18:06                      XLON
 2998                                 51.90               14:20:08                      XLON
 6229                                 52.00               14:25:54                      XLON
 4125                                 52.00               14:25:54                      XLON
 141                                  52.00               14:25:54                      XLON
 339                                  51.90               14:43:10                      XLON
 1600                                 51.90               14:43:10                      XLON
 4323                                 51.90               14:43:10                      XLON
 524                                  51.90               14:43:10                      XLON
 1626                                 52.00               15:04:13                      XLON
 14081                                52.00               15:04:13                      XLON
 9033                                 52.00               15:04:13                      XLON
 3379                                 52.00               15:04:15                      XLON
 7976                                 52.00               15:04:15                      XLON
 6416                                 51.90               15:42:42                      XLON
 13711                                52.00               15:46:53                      XLON
 4180                                 52.00               15:46:53                      XLON
 14713                                52.00               16:11:57                      XLON
 9879                                 52.00               16:11:57                      XLON
 6321                                 52.00               16:16:58                      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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