RNS Number : 4437O
IP Group PLC
15 May 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:

14/05/2024

Number of ordinary shares purchased:

81,316

Highest price paid per ordinary share (GBp):

50.90

Lowest price paid per ordinary share (GBp): 

50.00

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

50.5743

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 32,798,131 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 1,030,389,874 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:

14/05/2024

Number of ordinary shares purchased:

81,316

Volume weighted average price (pence):

50.5743

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

813

50.00

 10:32:49

XLON

6211

50.00

 10:32:49

XLON

7251

50.40

 13:14:51

XLON

6458

50.30

 13:15:00

XLON

1344

50.90

 13:28:46

XLON

3710

50.90

 13:28:46

XLON

583

50.90

 13:28:46

XLON

1392

50.90

 13:28:46

XLON

4120

50.80

 13:30:04

XLON

2022

50.80

 13:30:04

XLON

6584

50.80

 13:30:04

XLON

7050

50.90

 14:12:21

XLON

4019

50.70

 14:25:47

XLON

1500

50.70

 14:25:47

XLON

1173

50.70

 14:25:47

XLON

25

50.60

 15:14:34

XLON

81

50.60

 15:14:34

XLON

3938

50.60

 15:14:34

XLON

3744

50.60

 15:14:37

XLON

1500

50.50

 15:58:43

XLON

1500

50.50

 15:58:43

XLON

111

50.50

 15:58:43

XLON

1500

50.50

 15:58:43

XLON

160

50.50

 15:58:43

XLON

1335

50.50

 15:58:52

XLON

1350

50.50

 15:58:52

XLON

17

50.50

 15:58:52

XLON

5200

50.50

 15:58:52

XLON

6625

50.50

 16:16:47

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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