27 March 2009
Director - transfer of shares
IP Group plc (LSE: IPO) ('IP Group' or the 'Company' or 'Group'), the UK's leading university intellectual property commercialisation company, announces that it received notification on 27 March 2009 from Alan Aubrey, the Company's Chief Executive Officer, that 103,750 shares of 2p each ('Ordinary Shares') have been transferred from his own name to his SIPP, managed by AJ Bell.
On 27 March 2009 Mr Aubrey sold 104,700 Ordinary Shares and bought 103,750 Ordinary Shares (for the SIPP) at 33.5 pence per share. The amounts sold and purchased were adjusted to take account of costs.
Following this transaction, Mr Aubrey's beneficial interest in the Company is 953,915 Ordinary Shares, representing 0.38% of the Company's issued share capital.
For further information, please contact:
IP Group plc +44(0)845 0742929
Alan Aubrey, Chief Executive Officer
Liz Vaughan-Adams (Communications) +44(0)20 7444 0062
+44(0)7979 853802
ENDS