REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

09/10/2024 17:45

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RNS Number : 6078H  IP Group PLC  09 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:                                               09/10/2024
 Number of ordinary shares purchased:                            96,728
 Highest price paid per ordinary share (GBp):                    51.00
 Lowest price paid per ordinary share (GBp):                     49.45
 Volume weighted average price paid per ordinary share (GBp):    50.2677

 

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 995,525,084 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:                      09/10/2024
 Number of ordinary shares purchased:    96,728
 Volume weighted average price (pence):  50.2677

 

Individual transactions:

 

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

(GBp share)
 7139                                 49.60               09:02:21                      XLON
 1648                                 49.50               09:02:22                      XLON
 5491                                 49.50               09:02:22                      XLON
 3741                                 49.45               09:02:22                      XLON
 1913                                 49.45               09:02:22                      XLON
 535                                  49.45               09:02:22                      XLON
 1304                                 49.45               09:02:22                      XLON
 867                                  49.90               10:35:19                      XLON
 73                                   50.00               11:35:29                      XLON
 7002                                 50.00               11:42:47                      XLON
 6762                                 50.00               11:42:47                      XLON
 7644                                 49.90               11:53:20                      XLON
 7509                                 51.00               12:25:41                      XLON
 6939                                 51.00               12:25:41                      XLON
 2841                                 50.90               12:27:13                      XLON
 4446                                 50.90               12:27:13                      XLON
 8064                                 50.90               12:52:44                      XLON
 3694                                 50.50               15:42:30                      XLON
 3321                                 50.50               15:44:21                      XLON
 928                                  50.30               15:47:31                      XLON
 3758                                 50.30               15:48:31                      XLON
 3290                                 50.30               15:49:31                      XLON
 1675                                 50.40               15:55:31                      XLON
 6144                                 50.40               15:55:31                      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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