Transaction in Own Shares

IP Group PLC
19 January 2024
 

Transaction in Own Shares

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), today announces that Numis Securities Limited (which is trading for these purposes as Deutsche Numis) ("Deutsche Numis"), purchased on behalf of IP Group the number of ordinary shares of 2 pence each on the London Stock Exchange as set out in the table below (the Repurchased Shares) pursuant to the IP Group share buyback programme announced on 18th December 2023 (the Buyback Programme).

                       

Date of purchase:

18/01/2024

Number of ordinary shares purchased:

62,446

Highest price paid per ordinary share (GBp):

55.90

Lowest price paid per ordinary share (GBp): 

55.30

Volume weighted average price paid per ordinary share (GBp): 

55.7096

                       

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 27,438,357 of its ordinary shares in treasury and has 1,063,188,005 ordinary shares in issue (including treasury shares). Therefore, the total number of ordinary shares with voting rights will be 1,035,749,648 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, IP Group under the FCA's Disclosure Guidance and Transparency Rules.

 

IP Group will make further announcements following the completion of any additional purchases pursuant to the Buyback Programme.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Deutsche Numis on behalf of IP Group as part of the Buyback Programme.

 

Both aggregate data in respect of the Repurchased Shares as well as the individual purchases are set out below.

 

Aggregate information:

 

Issuer name and ISIN: IP Group plc (ISIN: GB00B128J450)

 

Date of purchases:

18/01/2024

Number of ordinary shares purchased:

62,446

Volume weighted average price (pence):

55.7096

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

2561

55.50

 09:56:07

XLON

2785

55.50

 09:56:07

XLON

5300

55.30

 10:10:14

XLON

30

55.30

 10:10:14

XLON

20000

55.90

 11:49:45

XLON

3574

55.70

 12:12:58

XLON

1743

55.70

 12:12:58

XLON

55

55.70

 12:12:58

XLON

3612

55.80

 12:12:58

XLON

1205

55.80

 12:12:58

XLON

2084

55.40

 13:46:24

XLON

3656

55.40

 13:46:24

XLON

5498

55.80

 14:36:43

XLON

2831

55.80

 15:54:26

XLON

2069

55.80

 15:54:26

XLON

49

55.70

 15:54:26

XLON

3542

55.70

 15:54:26

XLON

1453

55.70

 15:54:26

XLON

399

55.70

 15:54:26

XLON

 

 

 

 

For more information, please contact:

 

IP Group plc   

www.ipgroupplc.com

Liz Vaughan-Adams, Communications

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

Portland


Vic Wallin

+44 (0) 7973 823119

Alex Donaldson

+44 (0) 7516 729702

 

Further information on IP Group is available on our website: www.ipgroupplc.com

 

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