REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

08/10/2024 17:45

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RNS Number : 4319H  IP Group PLC  08 October 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, an extension to which was announced on 07 October 2024 (the Buyback
Programme).

 

 Date of purchase:                                               08/10/2024
 Number of ordinary shares purchased:                            126,484
 Highest price paid per ordinary share (GBp):                    49.50
 Lowest price paid per ordinary share (GBp):                     48.45
 Volume weighted average price paid per ordinary share (GBp):    48.7609

 

Any Ordinary Shares purchased under the Buyback Programme will be cancelled in
order to decrease the number of Ordinary Shares in issue. Accordingly,
following the above transaction and subsequent cancellation of the Repurchased
Shares, the Group has 995,621,812 ordinary shares in issue with voting rights.
This number 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. There are no Ordinary Shares held
in treasury.

 

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:                      08/10/2024
 Number of ordinary shares purchased:    126,484
 Volume weighted average price (pence):  48.7609

 

Individual transactions:

 

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

(GBp share)
 771                                  49.50               08:07:09                      XLON
 864                                  49.50               08:07:09                      XLON
 6907                                 48.45               08:25:23                      XLON
 5100                                 48.85               09:12:36                      XLON
 2754                                 48.85               09:12:36                      XLON
 1263                                 48.55               09:20:42                      XLON
 6581                                 48.55               09:20:42                      XLON
 48                                   48.95               10:37:00                      XLON
 6284                                 48.95               10:37:00                      XLON
 1548                                 48.95               10:37:00                      XLON
 1351                                 48.90               11:40:16                      XLON
 6                                    48.90               11:40:17                      XLON
 700                                  48.90               11:40:18                      XLON
 4251                                 48.90               11:40:19                      XLON
 349                                  48.90               11:40:21                      XLON
 6624                                 48.85               11:40:21                      XLON
 7321                                 48.80               12:40:40                      XLON
 6782                                 48.85               13:15:06                      XLON
 1852                                 48.70               14:07:00                      XLON
 4652                                 48.70               14:07:00                      XLON
 1598                                 48.70               14:07:00                      XLON
 2130                                 48.70               14:27:49                      XLON
 5792                                 48.70               14:27:49                      XLON
 8003                                 48.70               14:40:09                      XLON
 6175                                 48.80               15:07:47                      XLON
 480                                  48.80               15:07:47                      XLON
 4407                                 48.70               15:16:29                      XLON
 2656                                 48.70               15:16:29                      XLON
 7809                                 48.65               15:22:27                      XLON
 1636                                 48.75               15:44:57                      XLON
 1700                                 48.75               15:44:57                      XLON
 1636                                 48.75               15:44:57                      XLON
 1864                                 48.75               15:44:57                      XLON
 6920                                 48.80               15:56:09                      XLON
 7670                                 48.80               16:13:57                      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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