REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

02/08/2024 07:00

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RNS Number : 8929Y  IP Group PLC  02 August 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:                                               01/08/2024
 Number of ordinary shares purchased:                            204,656
 Highest price paid per ordinary share (GBp):                    42.70
 Lowest price paid per ordinary share (GBp):                     42.55
 Volume weighted average price paid per ordinary share (GBp):    42.6804

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 48,525,041 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
1,014,662,964 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:                      01/08/2024
 Number of ordinary shares purchased:    204,656
 Volume weighted average price (pence):  42.6804

 

Individual transactions:

 

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

(GBp share)
 1102                                 42.70               09:19:42                      XLON
 7062                                 42.70               09:19:42                      XLON
 7894                                 42.70               09:19:42                      XLON
 8748                                 42.55               09:29:50                      XLON
 1180                                 42.70               15:10:54                      XLON
 4000                                 42.70               15:10:56                      XLON
 3171                                 42.70               15:10:56                      XLON
 8294                                 42.70               15:10:56                      XLON
 535                                  42.70               15:10:56                      XLON
 14262                                42.70               15:10:56                      XLON
 472                                  42.70               15:10:56                      XLON
 7997                                 42.70               15:10:56                      XLON
 7908                                 42.70               15:10:56                      XLON
 8049                                 42.70               15:10:56                      XLON
 7708                                 42.70               15:10:56                      XLON
 7444                                 42.70               15:10:56                      XLON
 8962                                 42.70               15:10:56                      XLON
 9004                                 42.70               15:10:56                      XLON
 8169                                 42.70               15:10:56                      XLON
 7585                                 42.70               15:10:56                      XLON
 8472                                 42.70               15:10:56                      XLON
 8485                                 42.70               15:10:56                      XLON
 7634                                 42.70               15:10:56                      XLON
 7542                                 42.70               15:10:56                      XLON
 8153                                 42.70               15:10:56                      XLON
 7857                                 42.70               15:10:56                      XLON
 8909                                 42.70               15:10:56                      XLON
 9252                                 42.55               15:11:06                      XLON
 4330                                 42.55               15:19:16                      XLON
 4476                                 42.55               15:19:16                      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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