Transaction in Own Shares

IP Group PLC
05 March 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:

05/03/2024

Number of ordinary shares purchased:

127,429

Highest price paid per ordinary share (GBp):

49.05

Lowest price paid per ordinary share (GBp): 

48.10

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

48.6608

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 30,789,370 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 1,032,398,635 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:

05/03/2024

Number of ordinary shares purchased:

127,429

Volume weighted average price (pence):

48.6608

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

1188

48.60

 08:19:48

XLON

6673

48.60

 08:19:48

XLON

8254

48.35

 08:19:48

XLON

4083

48.75

 09:40:33

XLON

4391

48.75

 09:40:33

XLON

7921

48.65

 09:40:33

XLON

4126

48.70

 09:40:33

XLON

3857

48.70

 09:40:33

XLON

1079

48.75

 09:40:33

XLON

8743

48.60

 09:45:22

XLON

105

48.10

 12:15:46

XLON

8295

48.55

 12:49:24

XLON

8152

48.50

 12:51:11

XLON

8688

48.55

 13:38:20

XLON

5079

48.60

 14:08:44

XLON

481

48.60

 14:08:44

XLON

3193

48.60

 14:08:44

XLON

8850

48.70

 15:00:59

XLON

8287

48.70

 15:00:59

XLON

8122

48.70

 15:20:00

XLON

8537

49.05

 15:39:04

XLON

713

49.05

 15:39:04

XLON

265

49.00

 15:46:39

XLON

400

48.90

 15:47:15

XLON

5042

48.85

 15:52:04

XLON

2905

48.85

 15:52:04

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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