Transaction in Own Shares

IP Group PLC
16 February 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:

16/02/2024

Number of ordinary shares purchased:

55,413

Highest price paid per ordinary share (GBp):

52.80

Lowest price paid per ordinary share (GBp): 

51.40

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

51.8831

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 28,885,071 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 1,034,302,934 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:

16/02/2024

Number of ordinary shares purchased:

55,413

Volume weighted average price (pence):

51.8831

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

1429

52.80

 08:34:29

XLON

1656

52.50

 09:39:10

XLON

4910

52.50

 09:39:10

XLON

3668

52.50

 09:39:10

XLON

220

52.50

 09:39:10

XLON

2113

52.60

 09:39:10

XLON

838

52.00

 13:00:00

XLON

1309

52.00

 13:00:00

XLON

4554

52.00

 13:00:00

XLON

3913

51.90

 14:23:07

XLON

2563

51.90

 14:23:07

XLON

6625

51.60

 14:23:27

XLON

4347

51.60

 14:26:06

XLON

6438

51.50

 14:56:58

XLON

1003

51.50

 15:39:00

XLON

430

51.50

 15:39:00

XLON

358

51.50

 15:39:00

XLON

1044

51.50

 15:39:00

XLON

176

51.50

 15:43:10

XLON

91

51.50

 15:43:10

XLON

39

51.50

 15:43:10

XLON

32

51.50

 15:43:10

XLON

1662

51.50

 15:43:10

XLON

854

51.50

 15:43:10

XLON

366

51.50

 15:43:10

XLON

305

51.50

 15:43:10

XLON

1123

51.40

 16:21:50

XLON

356

51.40

 16:21:50

XLON

2991

51.40

 16:21:50

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


Alex Donaldson

+44 (0) 7516 729702

 

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

 

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