Director/PDMR Shareholding

RNS Number : 2155U

IP Group PLC

21 December 2012

 



21 December 2012

Director's transfer of shares

IP Group plc (LSE: IPO) ("IP Group" or the "Company" or the "Group"), the developer of intellectual property based businesses, announces that it has today received notification from Greg Smith, the Company's Chief Financial Officer, regarding the transfer of ordinary shares of 2p each ("Ordinary Shares") in the Company.

The Company has been notified that on 21 December 2012, 7,000 Ordinary Shares were transferred from Mr. Smith's own name into his self invested personal pension ("SIPP"), of which he is the sole beneficiary. Mr. Smith's personal holdings and his SIPP are held via nominee accounts with Hargreaves Lansdown Nominees Limited. The transfer was carried out at an average price of 115.4p.

Following this transfer, Mr. Smith's beneficial interest in the Company remains 19,407 Ordinary Shares, representing 0.01% 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                                                             [phone]

Alan Aubrey, Chief Executive Officer

Greg Smith, Chief Financial Officer                       

ENDS

 

END

 

 

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