Transaction in Own Shares

Released : 27 Nov 2024 06:16:00

RNS Number : 9224N
IP Group PLC
27 November 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:

27/11/2024

Number of ordinary shares purchased:

815,000

Highest price paid per ordinary share (GBp):

44.20

Lowest price paid per ordinary share (GBp): 

43.80

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

44.1782

 

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 984,419,998 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:

27/11/2024

Number of ordinary shares purchased:

815,000

Volume weighted average price (pence):

44.1782

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

6368

43.90

 09:31:05

XLON

479

43.80

 09:31:05

XLON

26505

44.00

 10:00:13

XLON

13281

44.00

 10:00:13

XLON

10097

44.00

 10:00:13

XLON

6676

44.00

 10:00:13

XLON

7624

44.00

 10:00:13

XLON

7576

44.00

 10:00:13

XLON

6525

44.00

 10:00:13

XLON

6835

44.20

 11:43:35

XLON

1147

44.20

 11:43:35

XLON

1330

44.20

 11:43:35

XLON

1330

44.20

 11:43:35

XLON

3270

44.20

 11:43:35

XLON

4703

44.20

 15:51:28

XLON

196

44.20

 15:51:28

XLON

1793

44.20

 15:51:28

XLON

6657

44.20

 15:51:28

XLON

6656

44.20

 15:51:28

XLON

16385

44.20

 15:51:28

XLON

6377

44.20

 15:51:28

XLON

7030

44.20

 15:51:28

XLON

6828

44.20

 15:51:28

XLON

7021

44.20

 15:51:28

XLON

7544

44.20

 15:51:28

XLON

14536

44.20

 15:51:28

XLON

8433

44.20

 15:51:28

XLON

7691

44.20

 15:51:28

XLON

19245

44.20

 15:51:28

XLON

4297

44.20

 15:51:28

XLON

1398

44.20

 15:51:28

XLON

107910

44.20

 15:51:28

XLON

481257

44.20

 16:01:52

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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