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Last checked at 
4 Apr 2018 11:46
| 4 April 2018 |
IP Group plc - Director/PDMR share purchase
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 3 and 4 April 2018, the directors listed in the below table purchased a total of 174,254 Ordinary Shares of 2p each at prices of between 116.4 and 121.0 pence per share.
The details of the purchases and resultant total interests are set out below.
Name | Title | Date of purchase | Total number of shares purchased | Price per share | Resulting number of shares held | Resulting number of shares held as a percentage of the Company's issued share capital |
Alan Aubrey | Chief Executive Officer | 3 April 2018 | 81,000 | 121.0p | 2,647,428 | 0.25% |
Mike Townend | Chief Investment Officer | 3 April 2018 | 20,000 | 121.0p | 1,156,902 | 0.11% |
Greg Smith | Chief Financial Officer | 3 April 2018 | 10,000 | 121.0p | 298,351 | 0.03% |
David Baynes | Chief Operating Officer | 4 April 2018 | 16,000 | 121.0p | 262,975 | 0.02% |
Mike Humphrey | Chairman | 3 April 2018 | 20,000 | 119.0p | 106,153 | 0.01% |
Jonathan Brooks | Non-Executive Director | 3 April 2018 | 17,210 | 116.4p | 81,826 | 0.01% |
David Begg | Senior Independent Director | 3 April 2018 | 1,763 | 116.9p | 42,391 | 0.00% |
Lynn Gladden | Non-Executive Director | 3 April 2018 | 8,281 | 120.0p | 8,281 | 0.00% |
In addition, on 3 April 2018 David Begg transferred 37,367 shares to an ISA account with no change of beneficial ownership and Greg Smith transferred 12,480 shares to an ISA account with no change of beneficial ownership.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
121.0p | 81,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
81,000 121.0p £98,010 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mike Townend | |
2 | Reason for the notification | ||
a) | Position/status | Chief Investment 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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
121.0p | 20,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
20,000 121.0p £24,200 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
121.0p | 10,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
10,000 121.0p £12,100 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | David Baynes | |
2 | Reason for the notification | ||
a) | Position/status | Chief Operating 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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
121.0p | 16,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
16,000 121.0p £19,360 | |
f) | Date of the transaction | 4 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mike Humphrey | |
2 | Reason for the notification | ||
a) | Position/status | Chairman | |
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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
119.0p | 20,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
20,000 119.0p £23,800 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jonathan Brooks | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
116.4p | 17,210 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
17,210 116.4p £20,032 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | David Begg | |
2 | Reason for the notification | ||
a) | Position/status | Senior Independent Director | |
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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
116.9p | 1,763 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
1,763 116.9p £2,061 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Lynn Gladden | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
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 2.0p each
ISIN: GB00B128J450 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
120.0p | 8,281 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
8,281 120.0p £9,937 | |
f) | Date of the transaction | 3 April 2018 | |
g) | Place of the transaction | London Stock Exchange, Main Market | |
- ENDS -
For more information, please contact:
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 |
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
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