Transaction in Own Shares

IP Group PLC
12 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:

11/03/2024

Number of ordinary shares purchased:

131,219

Highest price paid per ordinary share (GBp):

51.60

Lowest price paid per ordinary share (GBp): 

50.80

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

51.2184

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 31,498,425 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 1,031,689,580 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:

11/03/2024

Number of ordinary shares purchased:

131,219

Volume weighted average price (pence):

51.2184

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

6613

51.10

 08:10:33

XLON

2336

51.10

 08:10:33

XLON

8563

50.80

 09:33:11

XLON

100

51.10

 10:53:53

XLON

6050

51.60

 11:28:11

XLON

3072

51.60

 11:28:11

XLON

11010

51.50

 11:29:00

XLON

8330

51.50

 11:29:00

XLON

4395

51.40

 11:29:06

XLON

4056

51.40

 11:29:06

XLON

4195

51.40

 12:05:00

XLON

153

51.40

 12:05:00

XLON

3959

51.40

 12:05:00

XLON

8670

51.20

 12:17:28

XLON

8776

51.00

 12:17:30

XLON

7965

51.20

 13:59:30

XLON

3459

51.20

 13:59:30

XLON

3470

51.20

 13:59:30

XLON

466

51.20

 13:59:30

XLON

602

51.20

 13:59:30

XLON

9335

51.10

 15:31:52

XLON

8700

51.10

 15:31:52

XLON

4088

51.10

 15:31:52

XLON

4338

51.10

 15:31:52

XLON

437

51.10

 15:31:52

XLON

8081

51.00

 16:27:10

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

 

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
 
 

Companies

IP Group (IPO)
UK 100

Latest directors dealings