RNS Number : 5876X
IP Group PLC
19 February 2025
 

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, an extension to which was announced on 09 January 2025 (the Buyback Programme).

                       

Date of purchase:

18/02/2025

Number of ordinary shares purchased:

358,000

Highest price paid per ordinary share (GBp):

46.90

Lowest price paid per ordinary share (GBp): 

46.15

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

46.4768

 

Any Ordinary Shares purchased under the Buyback Programme will be cancelled in order to decrease the number of Ordinary Shares in issue. Accordingly, following the above transaction and subsequent cancellation of the Repurchased Shares, the Group has 963,162,125 ordinary shares in issue with voting rights. This number 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. There are no Ordinary Shares held in treasury.

 

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:

18/02/2025

Number of ordinary shares purchased:

358,000

Volume weighted average price (pence):

46.4768

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

11104

46.85

 08:28:02

XLON

80000

46.90

 08:45:26

XLON

10902

46.80

 08:57:27

XLON

8333

46.35

 09:31:25

XLON

2887

46.35

 09:31:25

XLON

10962

46.60

 09:59:21

XLON

8960

46.25

 11:02:10

XLON

1800

46.25

 11:02:10

XLON

139

46.25

 11:04:45

XLON

9174

46.25

 11:22:48

XLON

58000

46.25

 11:34:11

XLON

5400

46.20

 11:34:30

XLON

5566

46.20

 11:34:30

XLON

124

46.20

 11:34:30

XLON

11093

46.20

 12:18:40

XLON

1659

46.45

 12:45:51

XLON

1590

46.45

 12:45:51

XLON

395

46.55

 12:46:47

XLON

1106

46.55

 12:46:47

XLON

395

46.55

 12:46:47

XLON

395

46.55

 12:46:47

XLON

1225

46.50

 12:49:46

XLON

8600

46.50

 12:49:46

XLON

680

46.50

 12:49:46

XLON

9765

46.40

 13:55:55

XLON

9253

46.35

 13:55:58

XLON

5148

46.30

 13:55:59

XLON

5513

46.30

 13:55:59

XLON

1092

46.25

 14:20:46

XLON

9829

46.20

 14:31:16

XLON

2816

46.20

 14:31:22

XLON

50000

46.40

 14:41:21

XLON

5034

46.30

 14:48:49

XLON

5932

46.20

 15:16:56

XLON

5767

46.15

 15:53:54

XLON

1262

46.15

 15:53:54

XLON

631

46.15

 15:53:54

XLON

683

46.20

 16:03:54

XLON

4669

46.20

 16:04:08

XLON

1

46.20

 16:04:08

XLON

116

46.20

 16:04:08

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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