REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

31/05/2024 07:00

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RNS Number : 5483Q  IP Group PLC  31 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:                                               30/05/2024
 Number of ordinary shares purchased:                            77,783
 Highest price paid per ordinary share (GBp):                    54.80
 Lowest price paid per ordinary share (GBp):                     53.60
 Volume weighted average price paid per ordinary share (GBp):    54.5289

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 33,652,059 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
1,029,535,946 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:                      30/05/2024
 Number of ordinary shares purchased:    77,783
 Volume weighted average price (pence):  54.5289

 

Individual transactions:

 

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

(GBp share)
 4625                                 53.60               09:58:31                      XLON
 2129                                 53.60               09:58:31                      XLON
 352                                  53.70               10:22:35                      XLON
 617                                  54.10               11:56:32                      XLON
 6073                                 54.10               11:56:32                      XLON
 37                                   54.10               11:56:32                      XLON
 4587                                 54.60               12:23:13                      XLON
 10951                                54.60               13:32:10                      XLON
 6655                                 54.70               13:32:13                      XLON
 462                                  54.80               13:34:33                      XLON
 9553                                 54.60               13:50:46                      XLON
 1700                                 54.50               13:50:47                      XLON
 7750                                 54.70               15:14:23                      XLON
 1064                                 54.70               15:14:23                      XLON
 5143                                 54.70               15:48:25                      XLON
 2244                                 54.70               15:48:25                      XLON
 706                                  54.70               16:12:48                      XLON
 987                                  54.80               16:18:21                      XLON
 423                                  54.80               16:18:21                      XLON
 589                                  54.80               16:18:21                      XLON
 252                                  54.80               16:18:21                      XLON
 434                                  54.80               16:18:21                      XLON
 252                                  54.80               16:18:21                      XLON
 589                                  54.80               16:18:21                      XLON
 252                                  54.80               16:18:21                      XLON
 859                                  54.80               16:18:21                      XLON
 368                                  54.80               16:18:21                      XLON
 953                                  54.80               16:18:21                      XLON
 408                                  54.80               16:18:21                      XLON
 848                                  54.80               16:20:02                      XLON
 594                                  54.80               16:20:02                      XLON
 254                                  54.80               16:20:02                      XLON
 124                                  54.80               16:20:02                      XLON
 4949                                 54.80               16:20:07                      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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