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Market Cap: £598.96m
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Statement re press speculation

30 Jan 2023 07:00

RNS Number : 2189O
IP Group PLC
30 January 2023
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FOR RELEASE ON

30 January 2023

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IP Group plc - Statement re press speculation

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IP Group plc (LSE: IPO) ("IP Group" or "the Group"), whichΒ develops world-changing science and technology businesses, notes the press speculation regarding portfolio company Istesso Ltd. The Group is aware of exploratory discussions around a potential business combination which have now been terminated.

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For more information, please contact:

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IP Group plc

www.ipgroupplc.com

Liz Vaughan-Adams, Communications

+44 (0) 20 7444 0062/+44 (0) 7967 312125

Numis

James Black

+44 (0) 20 7260 1000

Portland

Vic Wallin

+44 (0) 7973 823 119Β 

Alex Donaldson

+44 (0) 7516 729 702

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Notes for editors

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About IP Group

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IP GroupΒ develops world-changing science and technology businesses across life sciences, technology and cleantech (through Kiko Ventures). The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc, and has one of the most exciting portfolios of high-growth businesses in Europe. The Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs world-changing technologies emerging from the UK's leading universities and research institutions. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

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For more information, please visit our website at www.ipgroupplc.com.

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ENDS

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