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Transaction in Own Shares

2 Apr 2024 07:00

RNS Number : 8156I
IP Group PLC
02 April 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 announced on 18th December 2023 (the Buyback Programme).

Date of purchase:

28/03/2024

Number of ordinary shares purchased:

96,993

Highest price paid per ordinary share (GBp):

47.95

Lowest price paid per ordinary share (GBp): 

47.20

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

47.6539

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 33,994,106 of its ordinary shares in treasury and has 1,063,188,005 ordinary shares in issue (including treasury shares). Therefore, the total number of ordinary shares with voting rights will be 1,029,193,899 which 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.

 

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:

28/03/2024

Number of ordinary shares purchased:

96,993

Volume weighted average price (pence):

47.6539

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price(GBp share)

Time of transaction (UK Time)

Trading venue

11283

47.20

 09:12:36

XLON

7536

47.95

 13:27:14

XLON

4742

47.95

 13:27:14

XLON

1665

47.80

 13:42:41

XLON

2400

47.80

 13:42:41

XLON

7407

47.80

 14:10:03

XLON

10590

47.55

 14:18:03

XLON

2006

47.60

 15:06:07

XLON

786

47.60

 15:06:07

XLON

12775

47.55

 15:06:09

XLON

773

47.55

 15:06:09

XLON

1161

47.55

 15:06:09

XLON

255

47.60

 15:06:09

XLON

1528

47.60

 15:06:09

XLON

1164

47.60

 15:06:09

XLON

565

47.60

 15:06:09

XLON

1035

47.50

 15:57:09

XLON

151

47.50

 15:57:09

XLON

100

47.50

 15:57:09

XLON

200

47.50

 15:57:09

XLON

1435

47.65

 16:05:00

XLON

4011

47.70

 16:06:16

XLON

1761

47.75

 16:07:16

XLON

443

47.75

 16:07:16

XLON

9725

47.75

 16:07:16

XLON

4121

47.80

 16:17:16

XLON

7375

47.80

 16:17:16

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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