02 December 2011
Director's share purchase
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property based businesses, announces that it has received notification from Jonathan Brooks, Non-executive Director, regarding the purchase of ordinary shares of 2p each ("Ordinary Shares") in the Company.
The Company was notified that on 01 December 2011, Mr Brooks purchased in aggregate 60,000 Ordinary Shares in IP Group at a price of 72 pence per share, representing 0.02% of the Company's current issued share capital.
Following the purchase, Mr. Brooks is beneficially interested in a total of 60,000 Ordinary Shares, representing 0.02% of the Company's issued share capital.
This notification relates to a transaction notified in accordance with DTR 3.1.2 R.
For further information, please contact:
IP Group plc +44 (0) 845 0742929
Greg Smith, Chief Financial Officer
Liz Vaughan-Adams (Communications) +44 (0) 20 7444 0062
+44 (0) 7979 853802
ENDS