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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ip Group Plc | LSE:IPO | London | Ordinary Share | GB00B128J450 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 50.70 | 50.30 | 50.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Finance Services | -140.1M | -174.4M | -0.1682 | -3.01 | 525.72M |
TIDMIPO
RNS Number : 4527Y
IP Group PLC
08 September 2015
FOR RELEASE ON 08 September 2015
IP Group plc - SAYE scheme
IP Group plc (LSE: IPO) ("IP Group" or "the Company"), the developer of intellectual property based businesses, announces the following grants of options over the Company's Ordinary Shares of 2p each, under its Save As You Earn ("SAYE") Sharesave Plan, to Directors and PDMRs of the Company, as detailed below.
Name Plan duration Number of options granted -------------- --------------- ------------------ Directors --------------------------------------------------- David Baynes 3 years 4,193 -------------- --------------- ------------------ Greg Smith 3 years 3,459 -------------- --------------- ------------------ PDMRs --------------------------------------------------- Angela Leach 3 years 1,048 -------------- --------------- ------------------
In addition to the above, options over a total of 63,209 Shares were granted to certain other employees of the Group under the Sharesave Plan.
All of the above SAYE options have been granted on 08 September 2015 at an exercise price of 171.7p per share, with the SAYE contracts commencing on 1 October 2015. The exercise price was set in accordance with HM Revenue & Customs rules for Sharesave plans.
Permitted exercise periods are for a period of six months from the end of the plan period, ordinarily 01 October 2018 to 01 April 2019 for the 3 year plan and 01 October 2020 to 01 April 2021 for the 5 year plan.
The Company currently has 564,619,369 Ordinary Shares in issue.
For more information, please contact:
IP Group plc www.ipgroupplc.com Angela Leach, Company Secretary +44 (0) 20 7444 0050 Liz Vaughan-Adams, Communications +44 (0) 20 7444 0062 / +44 (0) 7979 853 802 liz.vadams@ipgroupplc.com
Notes for editors
About IP Group
IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital, networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in over 90 early-stage to mature businesses across four main sectors -- Biotech, Cleantech, Healthcare and Technology. The Company is listed on the Main Market of the London Stock Exchange under the code IPO.
For more information, please visit our website at www.ipgroupplc.com.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSUGURUBUPAGAR
(END) Dow Jones Newswires
September 08, 2015 11:09 ET (15:09 GMT)
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