IP Group PLC Transaction in Own Shares

RNS Number : 8151O

IP Group PLC

17 May 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:	16/05/2024
Number of ordinary shares purchased:	95,664
Highest price paid per ordinary share (GBp):	53.00
Lowest price paid per ordinary share (GBp):	52.10
Volume weighted average price paid per ordinary share (GBp):	52.6193

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 32,924,123 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 1,030,263,882 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:	16/05/2024
Number of ordinary shares purchased:	95,664
Volume weighted average price (pence):	52.6193

 

Individual transactions:

 

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
6493	53.00	09:37:26	XLON
2716	52.80	09:39:40	XLON
1400	52.80	09:39:40	XLON
3165	52.80	09:39:40	XLON
6432	53.00	10:59:22	XLON
7349	53.00	11:28:21	XLON
6330	53.00	12:05:04	XLON
1777	53.00	13:50:46	XLON
1400	53.00	13:50:46	XLON
1400	53.00	13:50:46	XLON
2580	53.00	13:50:46	XLON
1158	52.70	14:06:14	XLON
1097	52.70	14:17:53	XLON
4555	52.70	14:17:53	XLON
7352	52.50	14:31:52	XLON
1039	52.40	15:27:04	XLON
2800	52.40	15:27:04	XLON
3561	52.40	15:27:04	XLON
4572	52.40	15:27:04	XLON
2565	52.40	15:27:04	XLON
7139	52.20	16:17:48	XLON
6277	52.20	16:17:48	XLON
701	52.10	16:20:05	XLON
1548	52.10	16:21:45	XLON
1407	52.10	16:23:01	XLON
1505	52.10	16:24:41	XLON
7346	52.30	16:25:44	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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