REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

05/09/2024 07:00

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RNS Number : 9539C  IP Group PLC  05 September 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:                                               04/09/2024
 Number of ordinary shares purchased:                            179,567
 Highest price paid per ordinary share (GBp):                    43.80
 Lowest price paid per ordinary share (GBp):                     41.90
 Volume weighted average price paid per ordinary share (GBp):    42.7102

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 62,656,684 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
1,000,531,321 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:                      04/09/2024
 Number of ordinary shares purchased:    179,567
 Volume weighted average price (pence):  42.7102

 

Individual transactions:

 

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

(GBp share)
 11997                                41.90               08:31:43                      XLON
 10591                                42.10               08:42:52                      XLON
 293                                  42.10               08:42:52                      XLON
 609                                  41.95               08:44:56                      XLON
 10050                                42.40               09:50:06                      XLON
 9942                                 42.40               09:50:06                      XLON
 240                                  42.45               09:51:17                      XLON
 11220                                42.45               09:51:17                      XLON
 794                                  42.45               09:51:17                      XLON
 787                                  42.40               09:51:24                      XLON
 8249                                 42.40               09:51:24                      XLON
 1700                                 42.40               09:51:24                      XLON
 10348                                42.35               10:52:49                      XLON
 936                                  42.30               11:15:37                      XLON
 3326                                 42.30               11:15:37                      XLON
 7300                                 42.30               11:15:37                      XLON
 12                                   42.60               11:37:30                      XLON
 6                                    42.60               11:37:30                      XLON
 1600                                 42.80               11:40:18                      XLON
 10306                                42.80               11:40:18                      XLON
 3800                                 42.80               11:40:30                      XLON
 4306                                 42.80               11:40:30                      XLON
 11439                                42.80               11:49:48                      XLON
 947                                  43.05               12:05:24                      XLON
 10204                                43.05               12:08:11                      XLON
 11776                                43.05               12:08:11                      XLON
 90                                   43.05               12:08:11                      XLON
 11890                                43.20               12:16:32                      XLON
 11139                                43.40               12:25:54                      XLON
 2302                                 43.35               12:25:54                      XLON
 11368                                43.80               13:06:53                      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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