Director/PDMR Shareholding

RNS Number : 0535A

IP Group PLC

20 September 2022

 

FOR RELEASE ON

20 September 2022

IP Group plc - Director/PDMR Shareholding

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), which develops world-changing science and technology businesses across life sciences, technology and cleantech, announces that, further to the announcements dated 03 August 2022, 18 August 2022, 13 September 2022 and 14 September 2022 in connection with the Interim Scrip Dividend, a combined total of 3,408 new ordinary shares of 2p each ("Shares") in aggregate have been allotted to one of the Group's executive directors and four of its persons discharging managerial responsibilities ("PDMRs"), following their respective elections to take up the Interim Scrip Dividend in relation to some or all of their current shareholdings, as further detailed below.  

Shares in issue

The Group currently has 1,063,188,005 Shares in issue and 28,607,622 Shares held in Treasury.

The following information is being disclosed pursuant to the requirements of MAR.

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

Scrip Election

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name(s)	Greg Smith Heejae Chae Christopher Glasson Angela Leach Lisa Patel
2	Reason for the notification
a)	Position/status	Executive Director  Chief Executive Officer PDMR  Non-Executive Director  PDMR  Finance Director PDMR   Group General Counsel PDMR  Partner, Life Sciences
	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	Election of Scrip Dividend
c)	Currency	GBP
d)	Price(s) and volume(s)	Name(s) Price(s) Volume(s) Greg Smith 80.5p 1,493 Heejae Chae 80.5p 99 Chris Glasson 80.5p 68 Angela Leach 80.5p 1,684 Lisa Patel 80.5p 64
e)	Aggregated information -Aggregated volume - Price - Aggregated total	Aggregated Number of Shares: 3,408 Price: 80.5p  Aggregated Total: £2,743.44
f)	Date of the transaction	20 September 2022
g)	Place of the transaction	London Stock Exchange, Main Market

For more information, please contact:

IP Group plc	www.ipgroupplc.com
David Baynes, Chief Financial and Operating Officer Liz Vaughan-Adams, Communications	[phone] [phone]/[phone]

Notes for editors

About IP Group

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech (through Kiko Ventures). The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc, and has one of the most exciting portfolios of high-growth businesses in Europe. The Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs world-changing technologies emerging from the UK's leading universities and research institutions. 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

 

END

 

 

DSHPPURUBUPPGMU