Transaction in Own Shares

IP Group PLC
29 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:

28/02/2024

Number of ordinary shares purchased:

114,367

Highest price paid per ordinary share (GBp):

48.85

Lowest price paid per ordinary share (GBp): 

48.00

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

48.4135

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 30,244,235 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 1,032,943,770 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:

28/02/2024

Number of ordinary shares purchased:

114,367

Volume weighted average price (pence):

48.4135

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

9303

48.75

 09:25:31

XLON

6252

48.75

 09:25:31

XLON

1383

48.75

 09:25:31

XLON

7630

48.85

 10:17:20

XLON

8119

48.85

 10:31:42

XLON

7776

48.75

 12:10:14

XLON

1623

48.55

 13:19:49

XLON

3326

48.55

 13:20:39

XLON

2713

48.55

 13:20:39

XLON

479

48.35

 13:33:37

XLON

481

48.35

 13:33:37

XLON

6552

48.35

 13:33:37

XLON

8770

48.00

 14:38:23

XLON

8753

48.15

 14:38:23

XLON

1941

48.15

 14:40:48

XLON

3748

48.15

 14:41:26

XLON

2240

48.15

 14:44:08

XLON

6558

48.15

 14:44:08

XLON

530

48.10

 14:50:52

XLON

1642

48.10

 14:54:08

XLON

1619

48.10

 14:57:28

XLON

1729

48.10

 14:59:53

XLON

1493

48.10

 14:59:53

XLON

1645

48.10

 14:59:53

XLON

2342

48.10

 14:59:53

XLON

1142

48.20

 15:29:53

XLON

4118

48.20

 15:31:55

XLON

2549

48.20

 15:31:55

XLON

7911

48.30

 16:09:55

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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