REG - IP Group PLC - Transaction in Own Shares

IPAnnouncement

11/12/2024 07:00

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RNS Number : 5834P  IP Group PLC  11 December 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:                                               10/12/2024
 Number of ordinary shares purchased:                            173,672
 Highest price paid per ordinary share (GBp):                    50.70
 Lowest price paid per ordinary share (GBp):                     49.90
 Volume weighted average price paid per ordinary share (GBp):    50.6073

 

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 979,705,906 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:                      10/12/2024
 Number of ordinary shares purchased:    173,672
 Volume weighted average price (pence):  50.6073

 

Individual transactions:

 

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

(GBp share)
 1509                                 49.90               09:36:30                      XLON
 2000                                 49.90               09:42:25                      XLON
 7031                                 49.90               09:42:25                      XLON
 112                                  49.95               10:41:01                      XLON
 10109                                49.95               10:41:01                      XLON
 13632                                50.70               11:34:42                      XLON
 4248                                 50.70               15:09:24                      XLON
 10149                                50.70               15:31:01                      XLON
 8484                                 50.70               15:31:01                      XLON
 9813                                 50.70               15:31:01                      XLON
 10410                                50.70               15:31:01                      XLON
 9384                                 50.70               15:31:01                      XLON
 26992                                50.70               15:31:01                      XLON
 9406                                 50.70               15:31:01                      XLON
 9861                                 50.70               15:31:01                      XLON
 9397                                 50.70               15:31:01                      XLON
 8787                                 50.70               15:31:01                      XLON
 9175                                 50.70               15:31:01                      XLON
 3057                                 50.70               15:31:02                      XLON
 10116                                50.70               15:31:02                      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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