REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

10/06/2024 17:15

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RNS Number : 8587R  IP Group PLC  10 June 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:                                               10/06/2024
 Number of ordinary shares purchased:                            111,262
 Highest price paid per ordinary share (GBp):                    49.75
 Lowest price paid per ordinary share (GBp):                     49.30
 Volume weighted average price paid per ordinary share (GBp):    49.5132

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 34,090,009 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
1,029,097,996 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:                      10/06/2024
 Number of ordinary shares purchased:    111,262
 Volume weighted average price (pence):  49.5132

 

Individual transactions:

 

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

(GBp share)
 1348                                 49.30               09:00:19                      XLON
 86                                   49.30               09:00:37                      XLON
 889                                  49.60               09:56:43                      XLON
 5125                                 49.60               09:56:43                      XLON
 4250                                 49.70               11:36:20                      XLON
 2103                                 49.70               11:36:20                      XLON
 5586                                 49.70               11:51:50                      XLON
 2965                                 49.70               11:51:50                      XLON
 3313                                 49.70               11:51:50                      XLON
 267                                  49.65               12:06:43                      XLON
 5622                                 49.65               12:06:43                      XLON
 50                                   49.40               12:09:35                      XLON
 5529                                 49.40               12:09:35                      XLON
 400                                  49.55               13:16:43                      XLON
 4178                                 49.55               13:16:43                      XLON
 5466                                 49.40               13:40:23                      XLON
 1636                                 49.40               13:56:56                      XLON
 4122                                 49.40               13:56:56                      XLON
 5031                                 49.40               13:56:56                      XLON
 1589                                 49.40               13:56:56                      XLON
 400                                  49.40               13:56:56                      XLON
 400                                  49.40               13:56:56                      XLON
 300                                  49.30               14:47:38                      XLON
 5431                                 49.30               14:47:55                      XLON
 26                                   49.45               15:26:57                      XLON
 8477                                 49.45               15:26:57                      XLON
 606                                  49.45               15:29:25                      XLON
 292                                  49.55               15:31:10                      XLON
 2125                                 49.65               15:44:49                      XLON
 3561                                 49.65               15:44:49                      XLON
 115                                  49.75               15:55:12                      XLON
 1085                                 49.75               15:55:12                      XLON
 5786                                 49.75               15:55:26                      XLON
 197                                  49.75               15:55:26                      XLON
 461                                  49.60               15:56:56                      XLON
 1783                                 49.60               15:56:56                      XLON
 1754                                 49.40               16:14:07                      XLON
 924                                  49.40               16:14:07                      XLON
 3663                                 49.40               16:14:07                      XLON
 6302                                 49.35               16:20:17                      XLON
 747                                  49.35               16:22:31                      XLON
 1025                                 49.35               16:22:31                      XLON
 6247                                 49.40               16:24:49                      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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