RNS Number : 1955B
IP Group PLC
19 March 2025
 

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 09 January 2025 (the Buyback Programme).

                       

Date of purchase:

18/03/2025

Number of ordinary shares purchased:

74,692

Highest price paid per ordinary share (GBp):

43.00

Lowest price paid per ordinary share (GBp): 

42.70

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

42.9599

 

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 956,305,305 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:

18/03/2025

Number of ordinary shares purchased:

74,692

Volume weighted average price (pence):

42.9599

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

6951

43.00

 08:22:22

XLON

7558

42.70

 08:22:22

XLON

8211

43.00

 09:10:36

XLON

3895

43.00

 09:13:31

XLON

3929

43.00

 09:13:31

XLON

1000

43.00

 09:21:53

XLON

2800

43.00

 09:31:42

XLON

1851

43.00

 09:31:42

XLON

1132

43.00

 09:31:42

XLON

1453

43.00

 12:00:01

XLON

7914

43.00

 12:17:12

XLON

6866

43.00

 12:17:12

XLON

6817

43.00

 12:17:12

XLON

7051

43.00

 12:17:12

XLON

7264

42.90

 12:17:12

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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