Issue of Equity

RNS Number : 6074C

IP Group PLC

18 October 2015

 

IP Group plc - Issue of Equity

IP Group plc (LSE: IPO) ("IP Group" or "the Company" or "the Group"), the developer of intellectual property-based businesses, announces that it has issued 28,799 new ordinary shares of 2p each (the "Shares") to its Employee Share Ownership Trust (the "ESOT") as a result of the exercise of options by current and former Group employees.

An application has been made to the Financial Conduct Authority for admission of the Shares to the premium listing segment of the Official List maintained by the UK Listing Authority and to the London Stock Exchange. It is expected that admission will take place on 21 October 2015.

Following this issue of Shares, the Company has 564,648,168 ordinary shares in issue.

For more information, please contact:

Angela Leach, Company Secretary                                           [phone]

Greg Smith, Chief Financial Officer            

 

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