Director/PDMR Shareholding

RNS Number : 4900Q

IP Group PLC

27 October 2021

 

FOR RELEASE ON

27 October 2021

IP Group plc - SAYE Option Exercise

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property-based businesses, announces the following in connection with its employee share schemes.

Dr Mark Reilly, Managing Partner Technology, exercised options under the Group's 2018 Save As You Earn plan ("SAYE") to buy 10,898 Shares at 99.10 pence per share. Following satisfaction of the options, Dr Reilly's beneficial interest in the Company will be 73,351 ordinary shares, representing <0.01% of the total issued share capital.

Shares in issue

At the date of this announcement, the Company continues to have 1,063,033,287   ordinary shares in issue (including treasury shares).

The following notifications, made in accordance with the requirements of article 19.3 of the EU Market Abuse Regulation, provide further details:

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mark Reilly
2	Reason for the notification
a)	Position/status	PDMR Managing Partner, Technology
	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IP Group plc
b)	Legal Entity Identifier	213800HG22UM138WFG43
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 2p each in IP Group plc   ISIN: GB00B128J450
b)	Nature of the transaction	Exercise of an option to acquire Ordinary Shares under the Group's 2018 SAYE.
c)	Currency	GBP
d)	Price(s) and volume(s)	Name(s) Price(s) Volume(s) Mark Reilly £0.991  10,898
e)	Aggregated information -Aggregated volume - Price - Aggregated total	10,898 £0.991 £10,799.91
f)	Date of the transaction	13 October 2021
g)	Place of the transaction	London

For more information, please contact:

IP Group plc	www.ipgroupplc.com
Angela Leach, Company Secretary Liz Vaughan-Adams, Communications	[phone] [phone]/[phone]
Charlotte Street Partners
Andrew Wilson	[phone]
David Gaffney	[phone]

Notes for editors

About IP Group

IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has pioneered a unique approach to developing these ideas and the resulting businesses by providing access to business building expertise, capital (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

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

ENDS

 

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