Director/PDMR Shareholding

IP Group PLC
19 October 2007


 

PRESS RELEASE                                                19 October 2007

 

                     DIRECTORS' SHARE PURCHASES - AMENDMENT                     

                                                                                

This announcement replaces the Directors / PDMR announcement released on the RNS
system on the RNS no 0543G on Friday 19 October 2007 at 15:21. Following the
purchase of shares, Mike Townend is the beneficial holder of 200,000 ordinary
shares representing 0.08 per cent. of the issued share capital. The full
announcement text appears below.

 

IP Group plc (LSE: IPO) ('IP Group' or 'the Company' or 'the Group'), the
intellectual property commercialisation company, announces that it has today
received notification from all of its Executive Directors regarding the purchase
of Ordinary Shares in the Company.

 
The Company was notified on 19 October 2007 that Alan Aubrey, Chief Executive
Officer, purchased in aggregate 100,000  Ordinary Shares in the Company as set
out in the table below.

The Company was notified on 19 October 2007 that David Norwood, Founder and
Director of Special Projects, purchased in  aggregate 100,000 Ordinary Shares in
the Company as set out in the table below.

The Company was notified on 19 October 2007 that Mike Townend, Director of
Capital Markets, purchased in aggregate  55,000 Ordinary Shares in the Company
as set out in the table below.  The Company was notified on 19 October 2007 that
Alison Fielding, Chief Technology Officer, purchased in aggregate  17,000
Ordinary Shares in the Company as set out in the table below.  The Company was
notified on 19 October 2007 that Magnus Goodlad, Chief Operating Officer,
purchased in aggregate 10,000  Ordinary Shares in the Company as set out in the
table below.
 

 

 
+----------+---------+---------+-----------+----------+-----------+-----------+
| Director |Number of|Price per|Total value|  Total   |   Total   |   Total   |
|          | shares  |  share  |    of     |percentage| number of |percentage |
|          |acquired |         |transaction|of issued |shares held| of issued |
|          |         |         |           |  shares  | following |shares held|
|          |         |         |           | acquired |acquisition| following |
|          |         |         |           |          |           |acquisition|
+----------+---------+---------+-----------+----------+-----------+-----------+
|Alan      | 100,000 | 121.82p |£121,820.00|  0.04%   |  854,865  |   0.34%   |
|Aubrey,   |         |         |           |          |           |           |
|Chief     |         |         |           |          |           |           |
|Executive |         |         |           |          |           |           |
|Officer   |         |         |           |          |           |           |
+----------+---------+---------+-----------+----------+-----------+-----------+
|David     | 100,000 | 121.82p |£121,820.00|  0.04%   | 4,380,172 |   1.75%   |
|Norwood,  |         |         |           |          |           |           |
|Founder & |         |         |           |          |           |           |
|Director  |         |         |           |          |           |           |
|of Special|         |         |           |          |           |           |
|Projects  |         |         |           |          |           |           |
+----------+---------+---------+-----------+----------+-----------+-----------+
|Mike      | 55,000  | 121.82p |£67,001.00 |  0.02%   |  200,000  |   0.08%   |
|Townend,  |         |         |           |          |           |           |
|Director  |         |         |           |          |           |           |
|of Capital|         |         |           |          |           |           |
|Markets   |         |         |           |          |           |           |
+----------+---------+---------+-----------+----------+-----------+-----------+
|Alison    | 17,000  |121.82p  |£20,709.4  |  <0.01%  |  394,630  |   0.16%   |
|Fielding, |         |         |           |          |           |           |
|Chief     |         |         |           |          |           |           |
|Technology|         |         |           |          |           |           |
|Officer   |         |         |           |          |           |           |
+----------+---------+---------+-----------+----------+-----------+-----------+
|Magnus    | 10,000  | 121.82p |£12,182.00 |  <0.01%  |  30,000   |   0.01%   |
|Goodlad,  |         |         |           |          |           |           |
|Chief     |         |         |           |          |           |           |
|Operating |         |         |           |          |           |           |
|Officer   |         |         |           |          |           |           |
+----------+---------+---------+-----------+----------+-----------+-----------+

 

 

For further information, please contact:
 

IP Group plc
Tel:                                         020 7444 0050
Fax:                                         0845 074 2928
Alan Aubrey, Chief Executive Officer
Liz Vaughan-Adams (Communications)           020 7444 0062/07979853802

 

Buchanan Communications                      020 7466 5000
Tim Anderson, Mary-Jane Johnson, Mark Court

 

Notes for Editors

 

About IP Group


IP Group Plc is an intellectual property (IP) commercialisation company that
specialises in commercialising university technology. Founded in 2001, IP Group
listed on AIM in October 2003 and moved to the Official List in June 2006. It
has made two acquisitions to date - Techtran, a company set up to commercialise
university intellectual property under a long term contract with the University
of Leeds, in 2005 and Top Technology Ventures, an investment adviser to early
stage technology venture capital funds, in 2004.


IP Group has formed long-term partnerships with ten universities - the
University of Oxford, King's College London, CNAP/University of York, the
University of Leeds, the University of Bristol, the University of Surrey, the
University of Southampton, Queen Mary (University of London), the University of
Bath and the University of Glasgow.
 

As at 30 June 2007, 60 spin-out companies had been created among IP Group's
university partners. Of those, eight have listed on the AIM market of the London
Stock Exchange, one on PLUS Markets and there have been two trade sales. IP
Group also has three 'Modern-themed' subsidiaries - Modern Biosciences, Modern
Water and Modern Waste. Modern Water was the first of these subsidiaries to
float on AIM in June 2007.
 

For more information, please visit our website at www.ipgroupplc.com.

 

ENDS



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            The company news service from the London Stock Exchange