Source - LSE Regulatory
RNS Number : 7866H
IP Group PLC
11 October 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, an extension to which was announced on 07 October 2024 (the Buyback Programme).

                       

Date of purchase:

10/10/2024

Number of ordinary shares purchased:

159,811

Highest price paid per ordinary share (GBp):

50.90

Lowest price paid per ordinary share (GBp): 

50.10

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

50.4314

 

Any Ordinary Shares purchased under the Buyback Programme will be cancelled in order to decrease the number of Ordinary Shares in issue. Accordingly, following the above transaction and subsequent cancellation of the Repurchased Shares, the Group has 995,365,273 ordinary shares in issue with voting rights. This number 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. There are no Ordinary Shares held in treasury.

 

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:

10/10/2024

Number of ordinary shares purchased:

159,811

Volume weighted average price (pence):

50.4314

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

1635

50.30

 08:16:01

XLON

7387

50.40

 09:21:42

XLON

7700

50.40

 09:59:13

XLON

361

50.40

 09:59:13

XLON

1600

50.50

 11:27:01

XLON

3670

50.50

 11:27:01

XLON

2200

50.40

 12:25:51

XLON

2149

50.50

 13:20:00

XLON

20

50.50

 13:30:08

XLON

4800

50.50

 13:30:08

XLON

2862

50.50

 13:30:08

XLON

7567

50.40

 13:40:47

XLON

1490

50.50

 13:40:47

XLON

785

50.50

 13:40:47

XLON

2314

50.50

 13:40:47

XLON

2243

50.50

 13:40:47

XLON

451

50.90

 14:10:45

XLON

1710

50.90

 14:10:45

XLON

1800

50.80

 14:10:45

XLON

7297

50.90

 14:13:35

XLON

6755

50.90

 14:14:42

XLON

5300

50.80

 14:16:56

XLON

6685

50.80

 14:16:56

XLON

6926

50.80

 14:16:56

XLON

50

50.40

 14:35:30

XLON

6153

50.40

 14:35:30

XLON

1568

50.40

 14:35:30

XLON

282

50.40

 15:26:31

XLON

6736

50.40

 15:41:34

XLON

6784

50.30

 15:41:34

XLON

7531

50.30

 15:48:46

XLON

7930

50.10

 15:56:14

XLON

1121

50.10

 15:56:14

XLON

6527

50.10

 15:56:14

XLON

1963

50.10

 16:01:31

XLON

2747

50.10

 16:01:31

XLON

2475

50.10

 16:01:31

XLON

7479

50.20

 16:09:59

XLON

7849

50.20

 16:09:59

XLON

6909

50.10

 16:20:57

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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