Last checked at 18 Jun 2021 09:52
FOR RELEASE ON | 18 June 2021 |
IP Group plc - Director/PDMR Shareholding
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property-based businesses, announces that, further to the announcements dated 20 May 2021 and 15 June 2021 in connection with the Scrip Dividend, a combined total of 3,678 new Ordinary Shares in aggregate have been allotted to one of the Group's executive directors and one of its PDMRs, following their respective elections to take up the Scrip Dividend in relation to some or all of their current shareholdings, as further detailed below.
Shares in issue
The Group currently has 1,062,788,114 Shares in issue. The Group does not hold any shares in Treasury.
The following information is being disclosed pursuant to the requirements of MAR.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Scrip Election
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Greg Smith | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Financial Officer | ||||||
b) | Initial notification /Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | IP Group plc | ||||||
b) | Legal Entity Identifier | 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 | Election of Scrip Dividend | ||||||
c) | Currency | GBP | ||||||
d) | Price(s) and volume(s)
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| ||||||
e) | Aggregated information -Aggregated volume - Price - Aggregated total |
1,556 118.6p £1,845.42
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f) | Date of the transaction | 17 June 2021 | ||||||
g) | Place of the transaction | London Stock Exchange, Main Market | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Angela Leach | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | PDMR General Counsel & Company Secretary | ||||||
b) | Initial notification /Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | IP Group plc | ||||||
b) | Legal Entity Identifier | 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 | Election of Scrip Dividend | ||||||
c) | Currency | GBP | ||||||
d) | Price(s) and volume(s)
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| ||||||
e) | Aggregated information -Aggregated volume - Price - Aggregated total |
2,122 118.6p £2,516.70 | ||||||
f) | Date of the transaction | 17 June 2021 | ||||||
g) | Place of the transaction | London Stock Exchange, Main Market | ||||||
For more information, please contact:
IP Group plc | www.ipgroupplc.com |
Alan Aubrey, Chief Executive OfficerGreg Smith, Chief Financial OfficerLiz Vaughan-Adams, Communications | +44 (0) 20 7444 0050+44 (0) 20 7444 0062/+44 (0) 7979 853802 |
Charlotte Street Partners |
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Andrew Wilson | +44 (0) 7810 636995 |
David Gaffney | +44 (0) 7854 609998 |
Notes for editors
About IP Group
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.
For more information, please visit our website at www.ipgroupplc.com.
ENDS