IP Group PLC Transaction in Own Shares

RNS Number : 2290I

IP Group PLC

25 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:	25/03/2024
Number of ordinary shares purchased:	268,492
Highest price paid per ordinary share (GBp):	46.60
Lowest price paid per ordinary share (GBp):	45.80
Volume weighted average price paid per ordinary share (GBp):	46.1824

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 33,686,843 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 1,029,501,162 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:	25/03/2024
Number of ordinary shares purchased:	268,492
Volume weighted average price (pence):	46.1824

 

Individual transactions:

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
4347	46.55	08:56:31	XLON
5837	46.55	08:56:31	XLON
9978	46.45	08:56:33	XLON
1282	45.80	08:56:39	XLON
10148	45.80	08:56:39	XLON
11320	46.00	09:33:26	XLON
10568	46.00	10:10:29	XLON
7777	46.00	10:33:18	XLON
812	46.00	10:33:18	XLON
2444	46.15	11:42:13	XLON
464	46.15	11:42:13	XLON
3211	46.15	11:42:13	XLON
2319	46.10	11:42:13	XLON
100000	46.08	11:42:29	XLON
12221	46.25	15:24:16	XLON
12221	46.20	15:25:01	XLON
14480	46.20	15:25:01	XLON
11892	46.20	15:25:56	XLON
4800	46.30	15:32:31	XLON
2400	46.30	15:32:31	XLON
2400	46.45	15:36:33	XLON
2965	46.45	15:36:33	XLON
7200	46.60	15:40:02	XLON
4091	46.60	15:40:02	XLON
4320	46.60	15:43:02	XLON
812	46.60	15:43:02	XLON
4567	46.60	15:43:02	XLON
1593	46.60	15:43:02	XLON
2858	46.30	15:59:54	XLON
2847	46.30	16:01:45	XLON
5375	46.30	16:08:37	XLON
943	46.30	16:20:49	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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