17 Sep 2018 16:38
FOR RELEASE ON | 17 September 2018 |
Â
Â
IP Group plc - Director's share purchase
Â
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property-based businesses, has been notified that on 17 September 2018, Alan Aubrey, Chief Executive, purchased a total of 16,110 Ordinary Shares of 2p each at a price of 124 pence per share.
Â
Following this purchase, Alan Aubrey now has a total beneficial interest in 2,582,538 Ordinary Shares, representing 0.24% per cent of the Company's current issued share capital.
Â
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Â
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alan Aubrey | ||||
2 | Reason for the notification | |||||
a) | Position/status |  Chief Executive  | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | IP Group plc | ||||
b) | LEI | 213800HG22UM138WFG43 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 2p each in IP Group plc  ISIN: GB00B128J450 | ||||
b) | Nature of the transaction | Purchase of shares | ||||
c) | Price(s) and volume(s) |
 | ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 17 September 2018 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market |
Â
For more information, please contact:
Â
IP Group plc | www.ipgroupplc.com |
Greg Smith, Chief Financial OfficerLiz Vaughan-Adams, Communications | +44 (0) 20 7444 0050+44 (0) 20 7444 0062/+44 (0) 7979 853802 |
Charlotte Street Partners | |
Andrew Wilson | +44 (0) 7810 636995 |
Martha Walsh | +44 (0) 7876 245962 |
Â
Notes for editors
Â
About IP Group
Â
IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.
Â
For more information, please visit our website at www.ipgroupplc.com.
Â
ENDS