Director/PDMR Shareholding

RNS Number : 3803C

IP Group PLC

18 June 2021

 

FOR RELEASE ON

18 June 2021

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, further to the announcements dated 20 May 2021 and 15 June 2021 in connection with the Scrip Dividend, a combined total of 3,678 new Ordinary Shares in aggregate have been allotted to one of the Group's executive directors and one of its PDMRs, following their respective elections to take up the Scrip Dividend in relation to some or all of their current shareholdings, as further detailed below. 

Shares in issue

The Group currently has 1,062,788,114 Shares in issue. The Group does not hold any shares in Treasury.

The following information is being disclosed pursuant to the requirements of MAR.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Scrip Election

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Greg Smith
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IP Group plc
b)	Legal Entity Identifier	213800HG22UM138WFG43
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 2p each in IP Group plc ISIN: GB00B128J450
b)	Nature of the transaction	Election of Scrip Dividend
c)	Currency	GBP
d)	Price(s) and volume(s)	Name(s) Price(s) Volume(s) Greg Smith  118.6p   1,556
e)	Aggregated information -Aggregated volume - Price - Aggregated total	1,556 118.6p £1,845.42
f)	Date of the transaction	17 June 2021
g)	Place of the transaction	London Stock Exchange, Main Market

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Angela Leach
2	Reason for the notification
a)	Position/status	PDMR  General Counsel & Company Secretary
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IP Group plc
b)	Legal Entity Identifier	213800HG22UM138WFG43
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 2p each in IP Group plc ISIN: GB00B128J450
b)	Nature of the transaction	Election of Scrip Dividend
c)	Currency	GBP
d)	Price(s) and volume(s)	Name(s) Price(s) Volume(s) Angela Leach  118.6p  2,122
e)	Aggregated information -Aggregated volume - Price - Aggregated total	2,122 118.6p   £2,516.70
f)	Date of the transaction	17 June 2021
g)	Place of the transaction	London Stock Exchange, Main Market

For more information, please contact:

IP Group plc	www.ipgroupplc.com
Alan Aubrey, Chief Executive Officer Greg Smith, Chief Financial Officer Liz Vaughan-Adams, Communications	[phone] [phone]/[phone]
Charlotte Street Partners
Andrew Wilson	[phone]
David Gaffney	[phone]

Notes for editors

About IP Group

IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

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

ENDS

 

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