Source - LSE Regulatory
RNS Number : 1395I
IP Group PLC
15 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:

14/10/2024

Number of ordinary shares purchased:

106,589

Highest price paid per ordinary share (GBp):

50.00

Lowest price paid per ordinary share (GBp): 

49.30

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

49.5465

 

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 995,110,366 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:

14/10/2024

Number of ordinary shares purchased:

106,589

Volume weighted average price (pence):

49.5465

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

1829

49.45

 08:14:51

XLON

2044

49.45

 08:14:51

XLON

3220

49.45

 08:14:51

XLON

863

50.00

 09:03:15

XLON

2307

50.00

 09:03:15

XLON

28

50.00

 09:03:15

XLON

664

50.00

 09:03:15

XLON

1159

50.00

 09:03:15

XLON

2810

50.00

 09:09:55

XLON

4674

50.00

 09:09:55

XLON

3024

49.90

 09:09:55

XLON

2427

49.90

 09:09:56

XLON

1439

49.90

 09:09:56

XLON

6273

49.40

 10:40:29

XLON

1412

49.40

 10:40:29

XLON

183

49.45

 11:30:31

XLON

1800

49.45

 11:30:31

XLON

259

49.45

 11:30:31

XLON

1594

49.45

 11:30:33

XLON

3748

49.45

 11:30:33

XLON

457

49.30

 11:37:46

XLON

154

49.45

 11:55:18

XLON

7718

49.45

 11:55:18

XLON

6557

49.30

 12:26:14

XLON

168

49.55

 12:53:06

XLON

1717

49.55

 12:53:06

XLON

4822

49.55

 12:53:06

XLON

7516

49.50

 14:15:46

XLON

7026

49.55

 15:04:41

XLON

78

49.45

 15:04:43

XLON

232

49.45

 15:04:43

XLON

1700

49.45

 15:07:02

XLON

1700

49.45

 15:07:02

XLON

2164

49.45

 15:07:02

XLON

845

49.45

 15:07:02

XLON

7279

49.55

 15:26:01

XLON

1948

49.40

 16:14:53

XLON

3851

49.40

 16:14:53

XLON

1306

49.40

 16:14:53

XLON

3400

49.40

 16:20:53

XLON

2026

49.40

 16:20:53

XLON

2168

49.40

 16:20:53

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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