REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

15/10/2024 07:00

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RNS Number : 1395I  IP Group PLC  15 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:                                               14/10/2024
 Number of ordinary shares purchased:                            106,589
 Highest price paid per ordinary share (GBp):                    50.00
 Lowest price paid per ordinary share (GBp):                     49.30
 Volume weighted average price paid per ordinary share (GBp):    49.5465

 

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 995,110,366 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:                      14/10/2024
 Number of ordinary shares purchased:    106,589
 Volume weighted average price (pence):  49.5465

 

Individual transactions:

 

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

(GBp share)
 1829                                 49.45               08:14:51                      XLON
 2044                                 49.45               08:14:51                      XLON
 3220                                 49.45               08:14:51                      XLON
 863                                  50.00               09:03:15                      XLON
 2307                                 50.00               09:03:15                      XLON
 28                                   50.00               09:03:15                      XLON
 664                                  50.00               09:03:15                      XLON
 1159                                 50.00               09:03:15                      XLON
 2810                                 50.00               09:09:55                      XLON
 4674                                 50.00               09:09:55                      XLON
 3024                                 49.90               09:09:55                      XLON
 2427                                 49.90               09:09:56                      XLON
 1439                                 49.90               09:09:56                      XLON
 6273                                 49.40               10:40:29                      XLON
 1412                                 49.40               10:40:29                      XLON
 183                                  49.45               11:30:31                      XLON
 1800                                 49.45               11:30:31                      XLON
 259                                  49.45               11:30:31                      XLON
 1594                                 49.45               11:30:33                      XLON
 3748                                 49.45               11:30:33                      XLON
 457                                  49.30               11:37:46                      XLON
 154                                  49.45               11:55:18                      XLON
 7718                                 49.45               11:55:18                      XLON
 6557                                 49.30               12:26:14                      XLON
 168                                  49.55               12:53:06                      XLON
 1717                                 49.55               12:53:06                      XLON
 4822                                 49.55               12:53:06                      XLON
 7516                                 49.50               14:15:46                      XLON
 7026                                 49.55               15:04:41                      XLON
 78                                   49.45               15:04:43                      XLON
 232                                  49.45               15:04:43                      XLON
 1700                                 49.45               15:07:02                      XLON
 1700                                 49.45               15:07:02                      XLON
 2164                                 49.45               15:07:02                      XLON
 845                                  49.45               15:07:02                      XLON
 7279                                 49.55               15:26:01                      XLON
 1948                                 49.40               16:14:53                      XLON
 3851                                 49.40               16:14:53                      XLON
 1306                                 49.40               16:14:53                      XLON
 3400                                 49.40               16:20:53                      XLON
 2026                                 49.40               16:20:53                      XLON
 2168                                 49.40               16:20:53                      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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