IP Group PLC Transaction in Own Shares

RNS Number : 2270J

IP Group PLC

03 April 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:	03/04/2024
Number of ordinary shares purchased:	118,655
Highest price paid per ordinary share (GBp):	46.95
Lowest price paid per ordinary share (GBp):	46.00
Volume weighted average price paid per ordinary share (GBp):	46.6147

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 34,291,550 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 1,028,896,455 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:	03/04/2024
Number of ordinary shares purchased:	118,655
Volume weighted average price (pence):	46.6147

 

Individual transactions:

 

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
10000	46.70	08:46:15	XLON
855	46.70	08:46:40	XLON
8227	46.55	08:58:33	XLON
1667	46.55	08:58:33	XLON
12089	46.55	10:09:52	XLON
1021	46.55	10:09:52	XLON
3443	46.55	10:15:34	XLON
2400	46.95	10:49:42	XLON
7168	46.95	10:49:42	XLON
1754	46.80	10:54:57	XLON
7207	46.80	11:01:25	XLON
2748	46.80	11:01:25	XLON
2809	46.60	11:23:26	XLON
888	46.60	11:39:43	XLON
1661	46.75	12:00:42	XLON
3700	46.75	12:00:42	XLON
4300	46.75	12:00:42	XLON
1612	46.50	13:01:23	XLON
1124	46.80	13:50:14	XLON
8451	46.80	13:50:14	XLON
4412	46.65	14:12:01	XLON
6163	46.65	14:12:01	XLON
1525	46.60	15:21:45	XLON
6839	46.60	15:21:45	XLON
949	46.60	15:21:45	XLON
2400	46.15	16:01:14	XLON
1719	46.15	16:01:14	XLON
5367	46.15	16:03:00	XLON
449	46.15	16:03:38	XLON
820	46.00	16:21:53	XLON
343	46.15	16:21:53	XLON
50	46.15	16:21:53	XLON
573	46.15	16:21:53	XLON
2049	46.15	16:21:53	XLON
78	46.00	16:27:53	XLON
1795	46.00	16:28:46	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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