Issue of Equity

RNS Number : 4403N
IP Group PLC
25 October 2016
 

FOR RELEASE ON

25 October 2016

 

IP Group plc - Issue of equity

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group") confirms that it has today issued 14,300 ordinary shares of 2p each ("Ordinary Shares") (the "New Ordinary Shares") following the exercise of options by a former employee.

 

An application has been made to the Financial Conduct Authority for admission of the New Ordinary Shares to the premium listing segment of the Official List maintained by the UK Listing Authority and to the London Stock Exchange. It is expected that admission will take place on 28 October 2016.

 

Following the issue of the New Ordinary Shares, the number of Ordinary Shares of 2p each in issue will increase to 565,221,967. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the issued ordinary share capital of the Company following this allotment consists of 565,221,967 Ordinary Shares. There are no shares held in treasury.

 

For more information, please contact:

 

IP Group plc

www.ipgroupplc.com

Greg Smith, Chief Financial Officer
Liz Vaughan-Adams, Communications           

+44 (0) 20 7444 0050
+44 (0) 20 7444 0062/+44 (0) 7979 853802

 

 

ENDS


This information is provided by RNS
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