PDMR Dealing - SAYE Exercise

RNS Number : 4013E
IP Group PLC
27 October 2022
 

FOR RELEASE ON

27 October 2022

 

IP Group plc - SAYE Option Exercise

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), which develops world-changing science and technology businesses across life sciences, technology and cleantech, announces the following in connection with its employee share schemes. 

 

SAVE AS YOU EARN ("SAYE") SHARESAVE PLAN

 

Four of the Group's persons discharging managerial responsibilities ("PDMRs") exercised SAYE options under the Group's 2019 SAYE plan to buy a total of 104,447 ordinary shares of two pence each ("Shares") at 51.7 pence per share. 

In addition, other Group employees have exercised SAYE options over a total of 147,409 Shares.

The exercise of these options will be satisfied through the transfer of 251,856 Shares which the Group currently holds in treasury on or around 1 November 2022.

 

Shares in issue

At the date of this announcement, the Company continues to have 1,063,188,005 Shares in issue and 28,607,622 Shares held in treasury.

The following notifications, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, provide further details:

 

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

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Angela Leach

2

Reason for the notification

a)

Position/status

PDMR Group General Counsel & Company Secretary

 


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

Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.

c)

Currency

GBP

d)

Price(s) and volume(s)

Name(s)

Price(s)

Volume(s)

Angela Leach

£0.517

 6,963

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

6,963

 

£0.517

£ 3,599.88

 

f)

Date of the transaction

19 October 2022

g)

Place of the transaction

London

 

 

2

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sam Williams

2

Reason for the notification

a)

Position/status

PDMR Managing Partner, Life Sciences

 

 


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

Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.

c)

Currency

GBP

d)

Price(s) and volume(s)

Name(s)

Price(s)

Volume(s)

Sam Williams

£0.517

34,816

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

34,816

 

£0.517

£17,999.88

 

f)

Date of the transaction

18thOctober 2022

g)

Place of the transaction

London

 

 

 

3

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Lisa Patel

2

Reason for the notification

a)

Position/status

PDMR Partner, Life Sciences

 

 


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

Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.

c)

Currency

GBP

d)

Price(s) and volume(s)

Name(s)

Price(s)

Volume(s)

Lisa Patel

£0.517

 27,852

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

27,852

 

£0.517

£14,399.49

 

f)

Date of the transaction

18th October 2022

g)

Place of the transaction

London

 

 

4

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Douglas Moray Wright

2

Reason for the notification

a)

Position/status

PDMR CEO, Parkwalk

 

 


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

Exercise of an option to acquire Ordinary Shares under the Group's 2019 SAYE.

c)

Currency

GBP

d)

Price(s) and volume(s)

Name(s)

Price(s)

Volume(s)

Douglas Moray Wright

£0.517

34,816

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

34,816

 

£0.517

£17,999.88

 

f)

Date of the transaction

19th October 2022

g)

Place of the transaction

London

 

 

 

 

For more information, please contact:

 

IP Group plc

www.ipgroupplc.com

David Baynes, Chief Financial and Operating Officer
Liz Vaughan-Adams, Communications 

+44 (0) 20 7444 0050
+44 (0) 20 7444 0062/+44 (0) 7967 312125

 

Notes for editors

 

About IP Group

 

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech (through Kiko Ventures). The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc, and has one of the most exciting portfolios of high-growth businesses in Europe. The Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs world-changing technologies emerging from the UK's leading universities and research institutions. 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHMRBATMTATBJT

Companies

IP Group (IPO)
UK 100

Latest directors dealings