IP Group PLC Transaction in Own Shares

RNS Number : 3124H

IP Group PLC

18 March 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 announced on 18^th December 2023 (the Buyback Programme).

                       

Date of purchase:	18/03/2024
Number of ordinary shares purchased:	158,529
Highest price paid per ordinary share (GBp):	48.80
Lowest price paid per ordinary share (GBp):	46.90
Volume weighted average price paid per ordinary share (GBp):	48.0214

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 32,464,082 of its ordinary shares in treasury and has 1,063,188,005 ordinary shares in issue (including treasury shares). Therefore, the total number of ordinary shares with voting rights will be 1,030,723,923 which 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.

 

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:	18/03/2024
Number of ordinary shares purchased:	158,529
Volume weighted average price (pence):	48.0214

 

Individual transactions:

 

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
4478	48.35	08:28:11	XLON
16952	48.35	08:28:11	XLON
8651	48.40	08:29:43	XLON
8525	48.40	08:29:43	XLON
6564	48.80	09:08:24	XLON
12795	48.80	09:08:24	XLON
10993	48.70	09:08:24	XLON
10323	48.65	09:08:24	XLON
5073	48.25	10:20:55	XLON
3616	48.25	10:20:55	XLON
3900	47.95	12:58:33	XLON
4172	47.95	12:58:33	XLON
2179	47.95	12:58:33	XLON
54	47.95	12:58:33	XLON
282	47.95	12:58:33	XLON
776	47.90	13:23:13	XLON
9240	47.90	13:23:13	XLON
9183	47.65	13:34:04	XLON
8921	47.10	15:31:20	XLON
8693	47.10	15:55:23	XLON
2700	47.05	15:55:23	XLON
600	47.15	16:01:17	XLON
2305	47.15	16:01:17	XLON
7608	47.15	16:01:17	XLON
9946	46.90	16:25:54	XLON

 

 

 

For more information, please contact:
IP Group plc	www.ipgroupplc.com
Liz Vaughan-Adams, Communications	[phone]/[phone]
Portland
Alex Donaldson	[phone]

 

Further information on IP Group is available on our website: www.ipgroupplc.com

 

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