IP Group PLC Transaction in Own Shares

RNS Number : 5219K

IP Group PLC

15 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:	12/04/2024
Number of ordinary shares purchased:	76,276
Highest price paid per ordinary share (GBp):	48.75
Lowest price paid per ordinary share (GBp):	47.30
Volume weighted average price paid per ordinary share (GBp):	48.4430

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 35,144,380 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 1,028,043,625 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:	12/04/2024
Number of ordinary shares purchased:	76,276
Volume weighted average price (pence):	48.4430

 

Individual transactions:

 

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
1229	48.20	09:44:00	XLON
5896	48.20	09:44:00	XLON
1900	48.30	10:11:34	XLON
7315	48.30	10:44:40	XLON
3983	48.00	11:48:06	XLON
1983	48.00	11:48:06	XLON
727	48.00	11:48:06	XLON
497	48.70	13:26:03	XLON
2812	48.70	13:29:29	XLON
2710	48.70	13:37:19	XLON
5983	48.70	13:37:19	XLON
1954	48.70	13:37:19	XLON
2100	48.70	13:37:19	XLON
2572	48.70	13:37:19	XLON
2599	48.65	13:41:18	XLON
5165	48.65	13:41:18	XLON
2603	48.55	14:01:39	XLON
574	48.75	14:54:59	XLON
135	48.75	15:00:15	XLON
153	48.75	15:00:15	XLON
6930	48.75	15:00:15	XLON
1160	48.45	15:42:06	XLON
7292	48.35	15:42:07	XLON
1384	48.25	15:42:12	XLON
1	48.25	15:42:12	XLON
5742	48.25	15:42:12	XLON
877	47.30	16:23:34	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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