REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

06/09/2024 07:00

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RNS Number : 1498D  IP Group PLC  06 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:                                               05/09/2024
 Number of ordinary shares purchased:                            225,690
 Highest price paid per ordinary share (GBp):                    44.30
 Lowest price paid per ordinary share (GBp):                     43.80
 Volume weighted average price paid per ordinary share (GBp):    44.1941

 

The Group will hold the Repurchased Shares in treasury. Following the above
transaction, the Group holds 62,882,374 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
1,000,305,631 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:                      05/09/2024
 Number of ordinary shares purchased:    225,690
 Volume weighted average price (pence):  44.1941

 

Individual transactions:

 

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

(GBp share)
 9895                                 43.90               09:34:43                      XLON
 11732                                43.80               09:34:43                      XLON
 11852                                44.10               09:35:46                      XLON
 21474                                44.10               09:35:46                      XLON
 1500                                 44.10               09:35:46                      XLON
 2487                                 44.10               09:36:03                      XLON
 7523                                 44.10               09:36:03                      XLON
 3145                                 44.10               09:38:48                      XLON
 1860                                 44.10               09:38:48                      XLON
 6618                                 44.10               09:38:48                      XLON
 8700                                 44.10               09:38:48                      XLON
 3000                                 44.10               09:38:48                      XLON
 1390                                 44.10               09:38:48                      XLON
 825                                  44.10               09:38:48                      XLON
 20239                                44.30               16:14:20                      XLON
 17246                                44.30               16:14:20                      XLON
 962                                  44.30               16:14:20                      XLON
 11336                                44.30               16:14:20                      XLON
 11277                                44.30               16:14:20                      XLON
 11845                                44.30               16:14:20                      XLON
 11267                                44.30               16:14:20                      XLON
 12266                                44.30               16:14:20                      XLON
 11586                                44.30               16:14:20                      XLON
 3298                                 44.30               16:14:20                      XLON
 12835                                44.30               16:14:20                      XLON
 4234                                 44.30               16:14:20                      XLON
 2534                                 44.30               16:14:20                      XLON
 1387                                 44.30               16:14:20                      XLON
 1377                                 44.30               16:20:36                      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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