Director/PDMR Shareholding

RNS Number : 7088H

IP Group PLC

09 June 2017

 

 

FOR RELEASE ON

9 June 2017

IP Group plc - Director / PDMR shareholding

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property based businesses, announces that it has received notification from its four Executive Directors, Chairman and one non-executive director regarding the purchase of Ordinary Shares of 2p each ("Ordinary Shares") in the Company.

The Company was notified that, on 9 June 2017, the six directors, purchased Ordinary Shares in IP Group at a price of 140 pence per share, as part of the Placing announced on 23 May 2017, as set out in the table below.

				Resultant beneficial interest
Name	Position	Shares pre placing	Shares purchased	Shares post placing	%
Alan Aubrey	Chief Executive Officer	2,490,651	35,714	2,526,365	0.36%
Michael Townend	Chief Investment Officer	1,103,825	7,692	1,111,517	0.16%
Gregory Smith	Chief Financial Officer	260,989	7,142	268,131	0.04%
David Baynes	Chief Operating Officer	226,066	7,142	233,208	0.03%
Mike Humphrey	Chairman	80,000	6,153	86,153	0.01%
Jonathan Brooks	Non-executive Director	60,000	4,616	64,616	0.01%

For more information, please contact:

IP Group plc	www.ipgroupplc.com
Greg Smith, Chief Financial Officer Liz Vaughan-Adams, Communications	[phone] [phone]/[phone]

ENDS

 

END

 

 

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