Director/PDMR Shareholding

RNS Number : 0330J

IP Group PLC

23 June 2011

 



 

FOR RELEASE ON

23 JUNE 2011

Directors' Interests

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property based businesses, confirms that all of its directors have today acquired ordinary shares of 2p each ("Ordinary Shares") through their participation in the Placing as announced on 3 June 2011 and as indicated in the Prospectus relating to the Placing and Open Offer which was sent to shareholders on 4 June 2011.

The number of Ordinary Shares acquired at a price of 50 pence per share by each director and their resulting interests in the Company's share capital following the transactions are as set out in the following table:

Director	Number of Ordinary Shares subscribed	Number of Ordinary Shares	Percentage of the Company's issued share capital*
Bruce Smith	20,000	236,592	0.06
Francis Carpenter	70,000	239,151	0.07
Alan Aubrey	200,000	1,312,170	0.36
Alison Fielding	100,000	494,630	0.14
Roger Brooke	10,000	345,092	0.09
Graham Richards	20,000	29,250	0.01
Mike Townend	100,000	304,340	0.08
Greg Smith	10,000	19,407	0.01

*The above percentage interests have been calculated on the Company's total voting rights of 365,763,664.

For more information, please contact:

IP Group plc

Alan Aubrey, Chief Executive Officer                    020 7444 0050

Greg Smith, Group Financial Controller                020 7444 0050

Liz Vaughan-Adams, Communications                 020 7444 0062 / 07979 853 802

Financial Dynamics                                         020 7831 3113

Ben Atwell, John Dineen

Notes for editors

About IP Group

IP Group 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.

The Company's portfolio is diverse with exposure to five main sectors - Energy & Renewables, Medical Equipment & Supplies, Pharma & Biotech, IT & Communications and Chemicals & Materials. To date, thirteen portfolio companies have listed on the AIM market of the London Stock Exchange, one on the PLUS Stock Exchange and there have been five trade sales.

For more information, please visit our website at www.ipgroupplc.com.

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