IP Group PLC
26 October 2007
PRESS RELEASE 26 October 2007
DIRECTOR'S SHARE PURCHASE
IP Group plc (LSE: IPO) ('IP Group' or 'the Company' or 'the Group'), the
intellectual property commercialisation company, announces that it has today
received notification from Roger Brooke, a Non-Executive Director of the
Company, regarding the purchase of Ordinary Shares in the Company.
The Company was notified on 25 October 2007 that Roger Brooke purchased in
aggregate 50,000 Ordinary Shares in the Company as set out in the table below.
+-------------+--------+--------+-----------+----------+-----------+-----------+
| Director | Number | Price |Total value| Total | Total | Total |
| | of | per | of |percentage| number of |percentage |
| | shares | share |transaction|of issued |shares held| of issued |
| |acquired| | | shares | following |shares held|
| | | | | acquired |acquisition| following |
| | | | | | |acquisition|
+-------------+--------+--------+-----------+----------+-----------+-----------+
|Roger Brooke,| 50,000 | 137p |£68,500.00 | 0.02% | 263,973 | 0.11% |
|Non-Executive| | | | | | |
|Director | | | | | | |
+-------------+--------+--------+-----------+----------+-----------+-----------+
For further information, please contact:
IP Group plc
Tel: 020 7444 0050
Fax: 0845 074 2928
Alan Aubrey, Chief Executive Officer
Liz Vaughan-Adams (Communications) 020 7444 0062/07979853802
Buchanan Communications 020 7466 5000
Tim Anderson, Mary-Jane Johnson, Mark Court
Notes for Editors
About IP Group
IP Group Plc is an intellectual property (IP) commercialisation company that
specialises in commercialising university technology. Founded in 2001, IP Group
listed on AIM in October 2003 and moved to the Official List in June 2006. It
has made two acquisitions to date - Techtran, a company set up to commercialise
university intellectual property under a long term contract with the University
of Leeds, in 2005 and Top Technology Ventures, an investment adviser to early
stage technology venture capital funds, in 2004.
IP Group has formed long-term partnerships with ten universities - the
University of Oxford, King's College London, CNAP/University of York, the
University of Leeds, the University of Bristol, the University of Surrey, the
University of Southampton, Queen Mary (University of London), the University of
Bath and the University of Glasgow.
As at 30 June 2007, 60 spin-out companies had been created among IP Group's
university partners. Of those, eight have listed on the AIM market of the London
Stock Exchange, one on PLUS Markets and there have been two trade sales. IP
Group also has three 'Modern-themed' subsidiaries - Modern Biosciences, Modern
Water and Modern Waste. Modern Water was the first of these subsidiaries to
float on AIM in June 2007.
For more information, please visit our website at www.ipgroupplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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